China’s non-ordinary approach to enhancing economic and diplomatic ties with the KRG during politically unstable times in war-torn Iraq is explained by Beijing’s ambitions to secure and expand its Belt and Road Initiative far beyond Iraq and the KRG.
China has launched an ambitious Belt and Road Initiative (BRI) to connect the world, including GCC countries and the rest of the Middle East.
Furthermore, China’s mind is open to technological changes and is trying to harness the blockchain technology to boost the global financial status of the yuan, which is expected to help China materialize its goal of becoming the world’s top economy by 2050 and contribute to the success of its Belt and Road Initiative.
This is especially true in the wake of the massive Chinese pledges and ongoing projects under the China-Pakistan Economic Corridor (CPEC) amounting to $62 billion, a flagship project of the massive Chinese Belt and Road InitiativeVIDEO: Golan Heights Occupied By Israel - A Timeline Will Pakistan Recognize Israel? Islamabad may be under pressure on the Israel question, but the gains from earning the pleasure of the U.
Furthermore, China’s expansionism along the Belt and Road initiative may make Ankara a worthier partner to Europe.
” President Erdogan praised the Chinese Belt and Road Initiative by describing it as the “greatest development projects of the 21st century, encompassing over 100 nations and international organizations.
In addition to this export-oriented and open economic mode, as claimed by Remnin University’s influential scholar, Wang Yiwei, the Belt and Road initiative offers a new kind of globalization that is not exclusionary and discriminative in its essence.
Under Erdoğan, relations with neighbouring Iran and nearby Russia improved greatly in spite of external actors attempting to prevent both whilst under Erdoğan, Turkey signed up to the international game changing Belt and Road initiative which was introduced by China in 2013.
As an early supporter of the Belt and Road initiative, Turkey continues to increase bilateral trade with China whilst looking to be an important member of the global trading project that will link the wider Asia-Pacific region with the Afro-Mediterranean region.
The Belt and Road Initiative, unveiled by President Xi Jinping in late 2013, was serving to deepen and diversify Chinese FDIs in EU countries.
Urging Turkish investors to start working from now to benefit from the immense opportunities that will come from the China-led Belt and Road Initiative (BRI), he stated that it will connect those parts of the world that have had less connectivity and that BRI and CPEC are important opportunities for Turkey-Pakistan relations.
What really seized attention in these discussions was the China Pakistan Economic Corridor (CPEC), a pilot project of China’s global Belt and Road Initiative (BRI).
org/turkey-in-the-eastern-mediterranean-energy-equation/ Right before his first face-to-face meeting with President Trump, President Erdoğan attended the “Belt and Road Summit” in Beijing on May 14 and 15, in which he met around 30 world leaders.
The Chinese government organized a forum on May 14-15 and announced its long-anticipated “One Belt, One Road (OBOR)” initiative in Beijing.