Belt and Road Investor Intelligence #53

Posted by Reading Time: 2 minutes

Tuesday, November 2, 2021

There’s plenty going on globally involving Chinese and Russian involvement. In Europe, both are making strategic infrastructure investments that will impact the entire Balkans and Southern EU, while Israel is also looking at benefitting via free trade. British businesses also have a backdoor route to Eurasia – we explain the free trade dynamics of overlapping with the EAEU nations. Russia is making serious inroads into Africa, while a new trade triangle is developing in South Asia. In China, Chengdu and Chongqing are merging to create the country’s fourth megalopolis. We examine the implications.

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EUROPE

China Eyes the Balkans as Wang Yi Visits Serbia
China and Russia’s growing influence could result in a diminishing of EU regional geopolitics as new trade corridors start to head East. 

London is pursuing an Asian trade development strategy that will ultimately lead it to trade cooperation with Moscow as they share existing and upcoming free trade deals with 22 countries.

Israel and EAEU Edge Closer to a Free Trade Agreement
Bilateral trade between Israel and Russia exceeded US$5 billion in both 2018 and 2019 and is expected to continue growth in electronics, jewelry, and IT.

AFRICA

Russia’s Increasing Trade Ties with Africa
The African Continental Free Trade Agreement (AfCFTA) kicked in from January 1 this year and has eliminated intra-African tariffs on 90 percent of all traded products. That has made pan-African sourcing and supply chain development a major growth driver. The article includes comments by the Chairman of Afreximbank.

ASIA

Bangladesh, Sri Lanka and Pakistan as a South Asian Triumvirate
These three maritime nations offer new connectivity routes throughout Eurasia and can utilize the Belt And Road Initiative, CPEC and the INSTC routes to access North, East and Western markets.

Bangladesh Optimistic About Closer Trade Ties with RussiaPotential grows for an EAEU Free Trade Agreement in 2022.

CARIBBEAN

The Global Energy Partnership now extends to 30 countries and concentrates on energy infrastructure development financing and construction among members.

CHINA

First announced in 2019, the project aims to address developmental imbalances by integrating two of the most economically active cities in western China – Chongqing and Chengdu – into a mega-city cluster, focusing on developing key infrastructure and industries.  

GLOBAL

China’s Belt And Road & Beyond
All the latest global media coverage related to China’s Belt And Road Initiative.

 

About Us

Dezan Shira & Associates provide business intelligence, market research, legal, tax and compliance issues for foreign investors throughout Asia, and have 28 offices across the region. We are members of the Leading Edge Alliance, a network of related firms with offices throughout the world. For assistance with Belt & Road Initiative research, please contact us at silkroad@dezshira.com or visit us at www.dezshira.com. To subscribe to our Belt & Road Initiative portal, please click here.