At a forum organised by the IMF and the World Bank in Bali, Indonesia, China’s Vice Minister of Finance, Ms. Zou Jiayi, reassured the international community about China’s commitment to solve possible debt issues.
On October 11, 2018, former French Prime Minister Jean-Pierre Raffarin was the guest speaker of France’s Superior Council of Notaries (Conseil Supérieur du Notariat) for a conference entitled “The New Silk Roads, the New Roads of Law”, which took place at the Chinese Cultural Center of Paris.
On September 27, 2018, the first Geocultural Forum was held in St. Petersburg. This event aimed at strengthening cultural exchanges between Russia, Central Asia and China. This event organized by “Dialogue of Civilizations” was sponsored by China Soong Ching Ling Foundation and the University of Saint Petersburg.
The New Silk Road Project is now completed. This summer, Charles Stevens and his fellows drove up to China on the new Silk Roads to better understand the Belt and Road Initiative.
The China-Pakistan Economic Corridor (CPEC) is now officially open to all international investors. This is an invitation sent to Europe to participate in this major program that will transform Pakistan and South Asia.
“Belt and Road Initiative” infrastructure development and construction projects have great impact in the poorest rural areas, according to AidData.
On August 27, 2018, Greek and Chinese foreign ministers Nikos Kotzias and Wang Yi signed a memorandum of understanding regarding cooperation within the framework of the “Belt and Road Initiative”.
On 21 August 2018, the newly elected Prime Minister Mohamad Mahathir announced the cancellation of three BRI projects in Malaysia, including the “East Coast Rail Link” (ECRL) and two pipelines. But Malaysia is still member of the BRI.
Since 2015, Europort-Lorraine has planned to develop rail transportation from China. A test convoy had left Chengdu on July 13, 2018, but this line needs improvements.
In September 2018, a Sino-Japanese committee on public and private investment along the new Silk Roads might be held in Beijing.