Belt and Road Weekly Investor Intelligence #83
Supply chains continue to dominate the changing world of the BRI plus, with events shifting Asia closer to the European Union, including numerous ongoing developments in Central Asia to the borders with China. We look at the recent Chinese strategy in the South Pacific, which had caused such alarm in the West, and examine a new China-US route that has gone under the radar with China eying infrastructure in Argentina and Antarctica. We also give readers the opportunity to put questions to the various SPIEF panel sessions at next month’s important St.Petersburg economic forum.
Russia’s Pivot to Asia and the EU’s Geopolitical Stance Has Shifted Asian Influence West to the Borders of Europe.
Eurasia’s Shifting Supply Chains
Russia’s primary international economic forum takes place in June amongst the background of extraordinary events. We give you a front-row seat.
Bangkok is following the trend for ASEAN nations to establish Free Trade Agreements with the EAEU.
This year’s forum gains significance as Russia’s pivot to Asia and supply chain movements place Central Asia in the spotlight.
A proposed China-Central Asian highway and rail links would revolutionize the Tajik economy and give China an overland link to the Middle East.
Sergei Glaziyev, a member of the integration and macroeconomics panel of the Eurasian Economic Commission, has been speaking about bilateral trade relations between Russia and Mongolia at the “Russia-Mongolia: Partnership in the New Reality” forum, which is being held in Ulan-Ude, near the Mongolian border.
China’s Foreign Minister Wang Yi has been holding a meeting with Pacific Island leaders in Fiji where Chinese proposals to the grouping, which included Samoa, Tonga, Kiribati, Papua New Guinea, Vanuatu, Solomon Islands, Niue and Vanuatu had been based on a number of issues including regional security and trade. The security aspect has now been dropped.
With Argentina having joined China’s Belt & Road Initiative earlier this year, discussions are apparently taking place concerning the development of the Beagle Channel, an inland strip of water separating Argentina and Chile at the southern tip of South America. It is one of three main routes that allow shipping to navigate around the continent, which is notorious for poor shipping conditions.
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