OBOReurope, Author at OBOReurope

The Caribbean and the BRI

The Belt and Road Initiative offers new opportunities for Caribbean islands to develop trade and infrastructure and diversify their activities.

At the second Belt and Road Forum, the Chinese President invited Austria to become a full member of the China CEEC cooperation framework.

Although China plays a leading role in this initiative, other countries such as Pakistan and Russia are more and more involved in the BRI.

On 25 and 26 April 2019, the second “Belt and Road” summit for international cooperation was held in Beijing. EU and China strengthened their ties.

Switzerland to sign a MoU about the Belt and Road Initiative, to actively participate in the realization of the new Silk Roads.

On April 12, 2019, the Malaysian government announced that they agreed with China to resume the East Coast Rail link, a BRI project.

Greece joins the 16+1 format initiative gathering China and Central Eastern countries, Piraeus to become a major gateway for international trade.

On 9 April 2019, the 21st China-EU Summit was held in Brussels. The EU-China partnership is to make the world stronger, safer, and more prosperous.

After Italy, Luxembourg officially joined the BRI during Xavier Bettel’s visit to China. Luxembourg looks to become the financial gateway of the BRI.

Xi Jinping’s first visit in Monaco. Monaco may become a special hub for the digital silk roads and a showcase for Huawei’s 5G in Europe.