Denis Manturov, the Russian trade minister has called on the members of the BRICS nations: Brazil, Russia, India., China and South Africa to increase the volume of settlements in national currencies to be more independent from Washington’s policies. Manturov suggested the possibility of boosting non-dollar settlements during a videoconference with fellow BRICS trade ministers on Monday.[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion Debunking The Myth Of ‘Debt Trap Diplomacy’: How Recipient Countries Shape China’s Belt & Road Initiative (Chatham House) China’s Belt & Road Initiative Turns Risks Into Opportunities (CGTN) The Belt & Road Initiative: Keeping The Plates Spinning (International Policy Digest) China Launches Surveillance Communications Satellite To Track BRI[…..]
UN Economic Commission For Energy Infrastructure Explains The Rationale Dr. Robert Lisinge, the United Nations Economic Commission for Africa’s chief for energy, infrastructure has been speaking at a virtual symposium on the impact of China’s BRI on AfCFTA infrastructure development, and has stated that Africa will need China’s involvement if the implementation of the African Continental Free Trade[…..]
The implementation of the African Continental Free Trade Area (AfCFTA) has been pushed back from its original intended start of July 1 this year.  AfCFTA is a free trade area which, as of 2018, includes 28 countries and was created by the African Continental Free Trade Agreement among 54 of the 55 African Union nations. The free trade area is the largest in the world in[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion Reshaping Supply Chains Away From China (The Asset) BRI And Indo-Pacific Geopolitics Of Multilateralism (Eurasia Review) China, The BRI And Tik-Tok Teens (Eurasia Review)
The Maldives ‘Greater Male Connectivity Project’ The Maldives Island nation chain has received commitments from neighbouring India to build crucial infrastructure projects and invest in the Maldives in a counter to China’s Belt and Road Initiative (BRI).
Foreign Investors should be looking at Colombo Port City as an upcoming Singapore CBD alternative Op/Ed by Chris Devonshire-Ellis The Colombo Port City, Sri Lanka’s major China funded Belt & Road Initiative project, is turning into a cash cow for the Sri Lankan government, its Chinese investors, and for savvy future investors in the project.[…..]
Op/Ed by Chris Devonshire-Ellis Uzbekistan’s Energy Ministry has announced the completion of a three-year project to modernise the Kadyrinskaya Hydropower Plant. The work was carried out, with assistance from Chinese loans and contractors, on time and within budget. Uzbekistan’s Deputy Energy Minister Sherzod Khodjaev said “The modernisation of the Kadyrinskaya HPP-3 plant is a great[…..]
Compiled By Chris Devonshire-Ellis Analysis & Opinion FREE DOWNLOAD: Belt & Road Initiative To Drive Global Exports & Create Opportunities To Exploit The Infrastructure (Silk Road Briefing) Can China Deliver A Better BRI? (Fair Observer) China’s Belt & Road Initiative: Economic Prosperity At The Expense Of Humanity (International Policy Digest) China’s Belt & Road Initiative[…..]
Op/Ed by Chris Devonshire-Ellis Infrastructure developments taking place in the Caspian region tend not to get much attention from Western media and business interests due to the on-off again relations between the West and Iran, Russia and China. However the Caspian Sea is becoming an alternative to the Suez option of shipping between Europe and[…..]