Singapore does not require external financing to develop its public infrastructure, but is still looking for taking part in the BRI.
Singapore’s role in the BRI: staying relevant
BRI and the China-Singapore Free Trade Agreement
China and Singapore upgraded their Free trade Agreement. This FTA now mentions the Belt and Road Initiative.
Both countries also agreed to further develop the International Land Sea Trade Corridor (ILSTC) or Chongqing Connectivity Initiative.
Chile on the new Silk Roads
Chile reaffirmed its willingness to increase trade with China. On October 1, 2018, Roberto Ampuero, the Chilean Minister of Foreign Affairs, announced that his country would soon join the BRI.
Birth of a giant on the Silk Roads
HNA Holding Group, subsidiary of HNA Group, a major company in the tourism industry in China and in the world with Hainan Airlines and Aigle Azur (France), has bought the Singaporean company CWT. CWT is the main logistics company in
Thailand’s high speed train to China
In late August 2017, the Government of Thailand announced that the construction of a high-speed train line between Bangkok and Nong Khai, a border town next Laos, will start next October. The first phase of this project will consist of