While most heads were turned to the East-West transport arteries spearheaded by China’s Belt and Road investments, activity along the lesser known North-South corridors has been slowly gaining momentum. Like their East-West cousins, the North-South routes consist of a bundle of land and sea multimodal corridors and connect South Asia to Northern Europe via the Persian Gulf and the Caspian region. Unlike the China-sponsored Belt and Road Initiative (BRI) projects, however, the development of the North-South corridors follows a more multilateral and multi-stakeholder approach.
2 Items, Page 1 of 1
Nowhere else in Europe has China’s Belt and Road Initiative (BRI) been met with quite such a warm embrace as in Central and Eastern Europe (CEE). China’s large-scale financing of highways, railways, ports, and other infrastructure to better connect China to Southeast Asia, Africa, the Middle East, and Europe has clearly struck a chord with CEE leaders.