In Iran, China is going to invest in a wide range of sectors including energy and transport and help the country to connect with the new silk road.
Gwadar, betting on globalization
In early 2019, several states in Middle East announced their interest in the port of Gwadar in Pakistan. The port of Gwadar is the flagship project of China-Pakistan Economic Corridor (CPEC). With the opening of the CECP to the rest of the world, the port of Gwadar is likely to become a major hub connecting China, South Asia, the Middle East and Africa.
China-Oman BRI MoU
On May 15, 2018, China and Oman signed a memorandum of understanding on the BRI. Thanks to this agreement, Oman is committed to participating in the realization of the new Silk Roads.