Natural disasters can threaten large infrastructure projects and create financial turmoil in developing countries along the new Silk Road.
Shanghai Cooperation Organisation members (SCO), but India, have approved the Belt and Road Initiative, to build the new silk road in Central Asia.
According to Mr. Savrassov (Phoenix CRetro), the introduction of catastrophe bonds can take the risk off government balance sheets in BRI nations.
Turkmenistan is home to many connectivity projects for both energy and transport. The BRI will accelerate the realisation of those corridors.
On July 30, were inaugurated the 4th Silk Road International Cultural Expo and the 9th Dunhuang Tour-Silk Road International Tourism Festival in Gansu.
Xi Jinping continued his journey in Central Asia and stopped in Dushanbe to participate at the 5th CICA Summit, and develop cooperation with Tajikistan.
Before attending the 19th SCO summit, president Xi Jinping met wth Kyrgyz president Jeenbekov in Bishkek to develop strategic partnership.
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 10 June 2017 was inaugurated the Astana EXPO 2017 in Kazakhstan. EXPO 2017 focuses on Future Energy and addresses three subthemes: “reducing CO2 emissions”, “living energy efficiency” and “energy for all”. 115 states and 18 international organizations will take
While infrastructure is at the core of the Belt and Road initiative, this project also requires the implementation of common commercial and legal instruments and rules for the states of the new Silk Road. The intensification of trade along the