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Belt And Road Initiative Newsletter

South Asia

SOUTH ASIA

  • China wants to align its strategies with Bangladesh and jointly promote the ambitious Belt and Road Initiative (BRI). Bangladesh had asked for Chinese funds for nine new projects worth US$ 6.4 billion, including for a new port and a bridge. China has emerged as Bangladesh’s largest development partner in recent years and has pumped in funds for several infrastructure projects, a growth in ties that would be closely monitored by India.

SOURCE: HINDUSTAN TIMES

 

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South Asia (Afghanistan)

SOUTH ASIA

  • AFGHANISTAN: China is willing to extend the China-Pakistan Economic Corridor (CPEC) to Afghanistan. The CPEC ($62 billion infrastructure development project, part of China’s ambitious Belt and Road Initiative, aimed to connect China’s Xinjiang region to Pakistan’s Gawadar Port) is expected to be a game-changer in South Asia, according to some experts.

SOURCE: SOUTH ASIA MONITOR

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GBRIN-Asia Pacific (Thailand)

ASIA PACIFIC

  • Thailand announced recently it will cancel the Kra Canal project that China wanted to build as part of Belt and Road Initiative. The Kra Canal project envisaged linking the Gulf of Thailand with the Andaman Sea cutting short oil supply by sea to China by some 1200 km avoiding the crowded Straits of Malacca. It provided a strategic avenue for the Chinese Navy to dominate the Indian Ocean Region (IOR) and switching of military forces through the canal. Cancellation of the Kra Canal will increase the significance of the CMEC (China-Myanmar Economic Corridor) of which Kyaukphyu Port could be the future naval base of China.

SOURCES: SOUTH ASIA MONITORTIMES NOW NEWS

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BRI-South Asia (Pakistan)

SOUTH ASIA

  • PAKISTAN: Tehreek-e-Taliban Pakistan (TTP, a strong ally of al-Qaeda) recent reunification of various breakaway factions –Jamaat-ul-Ahrar, Hizb ul-Ahrar, Hakeemullah Mehsud group and a faction of Lashkar-e-Jhangvi– will pose threats to projects linked to China’s Belt and Road Initiative in northwestern Pakistan, according to analysts. The TTP often target Chinese projects as retaliation for mistreatment of Uyghur Muslims by the Chinese government.

SOURCE: CENTRAL ASIA NEWS

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BRI (Laos)

LAOS

  • Laos is set to cede majority control of its electric grid to a Chinese company, as it struggles to stave off a potential debt default. The deal comes at a time when critics accuse Beijing of “debt trap diplomacy” to gain strategic advantage in countries struggling to repay loans taken out under Belt & Road Infrastructure Initiative.

SOURCE: BELT AND ROAD NEWS

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BRI (Europe)

EUROPE

  • A New Route starting from China for the China-Europe Freight Train Service went into Operation, in efforts to meet the growing demand for Railway Transportation of Goods between China and Europe. The New Route starts from Shenyang City in northeast China’s Liaoning Province and ends in the logistics center in Moscow, Russia via the Suifenhe Port in Northeast China’s Heilongjiang Province.

SOURCE: BELT AND ROAD NEWS

 

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BRI (Brazil)

BRAZIL:

  • Brazil’s Acu Port is expected to reap more rewards under China’s Belt & Road Initiative. The Acu Port is a modern industrial zone, located about 180 kilometers from the oil-rich Campos Basin off Brazil’s southeastern coast and around 500 kilometers from the Minas Gerais State where numerous iron ore and other mineral resources are found.

SOURCE: BELT AND ROAD NEWS

 

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BRI (Myanmar)

MYANMAR

  • China visited Myanmar to sought assurances about the implementation of key Belt and Road Initiative (BRI) infrastructure projects. In particular, he focused on the slew of BRI projects gathered under the smaller umbrella of the Cambodia-Myanmar Economic Corridor (CMEC), a planned overland network of highways, railways, pipelines, and industrial zones intended to link China’s Yunnan province to Myanmar’s coast on the Bay of Bengal.

SOURCE: THE DIPLOMAT

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