Belt Road Initiative Current Affairs - 2020

India-Uzbekistan hold first National Coordination Committee meeting

On August 24, 2020, India and Uzbekistan held their first National Coordination Committee meeting where they discussed their bilateral interests such as trade and investment and Line of Credit projects. Highlights The meeting was co-chaired by Indian External Affairs Minister and Uzbekistan Deputy Prime Minister. The countries have bilateral trade of over 300 million USD. Read More…

Italy joins China’s Belt Road Initiative

Italy’s Prime Minister Giuseppe Conte signed a memorandum of understanding (MoU) with Chinese President Xi Jinping in Rome, endorsing the global infrastructure-building scheme of China. Despite the warnings and pressure from the US and the Europen Union, Italy has joined the china’s mega connectivity scheme and has become the first G7 country to do so. Read More…