OBOR Current Affairs - 2019

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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…

Month:  Categories: International

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Singapore, China ink MoU for collaboration on Belt and Road Initiative

Singapore and China have inked Memorandum of Understanding (MOU) to promote greater collaboration between companies from both countries in third-party markets along China’s ambitious Belt and Road routes. The MoU will see the formation of a working group between Singapore’s Ministry of Trade and Industry (MTI), China’s National Development and Reform Commission and Enterprise. Key Read More…

Month:  Categories: International

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Chennai-Vladivostok sea route: India’s effort to counter China’s OBOR

India is planning to launch major connectivity initiative, connecting Chennai with key Russian port Vladivostok via sea route with an aim to harness natural resources from Northeast Asia and Western Pacific region. The Chennai-Vladivostok sea route will enable to transfer cargo between Chennai and Vladivostok in 24 days in comparison to over 40 days currently Read More…

Month:  Categories: Governance & Politics

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Outcomes of OBOR Summit

Belt and Road Forum (BRF) is a gathering of world leaders from across the globe, organized by China to showcase its plans to build a network of trade routes under the One Belt, One Road (OBOR) initiative. As of now, 68 countries and international organisations have signed belt and road agreements with China. China has Read More…

Month:  Categories: International

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India to Skip OBOR summit in China

India will skip the two day grand OBOR summit organised by China to showcase its plans to build a network of trade routes under the One Belt, One Road (OBOR). OBOR is an ambitious China’s ambitious development strategy and framework that aims to boost its connectivity and trade that will that will connect Asia, Africa, the Middle East and Europe. It was Read More…

Month:  Categories: International

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First UK rail freight service to China to depart

The first rail freight service from United Kingdom to China departed from Essex. Earlier the first freight train in the opposite direction, from China to UK had arrived in London in January 2017. The train service was launched as part of China’s ambitious One Belt, One Road (OBOR) initiative that aims to revive the ancient Read More…

Month:  Categories: International

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Latvia becomes first Baltic Sea country to link with China’s OBOR

Latvia has become the first country in the Baltic Sea area to sign a Memorandum of Understanding to link up with China’s One Belt and One Road (OBOR) Initiative. The MoU was signed after Chinese Premier Li Keqiang’s meeting with his Latvian counterpart Maris Kucinskis in Riga (capital of Latvia). It was Chinese Premier’s first Read More…

Month:  Categories: International

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