Research
10 of May, 2019Research year: 2019
New Silk Road deal between Italy and China and its significance for EU

The Belt and Road Initiative (BRI) of China is an approach adopted by the Chinese government, launched in 2013, to connect Asia with Africa and Europe via land and maritime networks. It is also known as One Belt One Road (OBOR) and Silk Road Economic Belt and 21st century Maritime Silk Road. This project aims to revive the old trading routes connecting China with Europe and Africa and extend these routes via networks of upgraded or new railways, ports, pipelines, power grids and highways which will promote regional integration and will stimulate trade and economic growth. This belt and Road include 71 countries from south-east Asia to Eastern Europe and Africa which account for the half of the world’s population and quarter of global GDP.

Related document
  • silkroad_summary_2019_0703.pdf (paper, pdf, 788.36 KB)
Related research fieldMacroeconomy