Belt and Road Weekly Investor Intelligence #66
Huge regional and global geopolitical and trade implications were triggered this week with the US and EU sanctions impacting Russian and global supply chains. Meanwhile, we witnessed China and India in Central Asian competition, a proposed China-Indian Ocean Council, and the Russia-Iran-India INSTC railway connectivity getting underway.
The Eurasian Economic Union has multiple pending Free Trade Agreements, while Russia-China trade is increasing at rates of 30% plus.
Supply Chain analysts should be looking to make contingency plans.
Targets US$70 billion In China-Central Asian Trade by 2030, with specific opportunities for increased exports to China and tourism development.
Changing realities in Afghanistan, China’s outsized presence, and the need for more export markets provide India with renewed impetus to seriously engage with the five Central Asian countries. Moreover, investment prospects exist in Central Asia’s tourism, healthcare, and education sectors, besides sustainable development goals.
Connecting Europe, Russia to India via Iranian railway from the Caspian to the Gulf.
An interesting initiative emanating from China’s recent Foreign Ministerial visits to East Africa, Maldives and Sri Lanka has been the proposed ‘China-Indian Ocean Council’ – a collection of Indian Ocean countries who would form a collective discussion bloc with Beijing.
All the latest international headlines, analysis, and opinion about the Belt & Road Initiative.
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