Born in late 2013, the Belt and Road Initiative (BRI) is a development and cooperation strategy launched by China which consists of five goals, six corridors under two roads namely (i) the New Silk Road Economic Belt going from China to Europe through Russia and Central Asia and (ii) the 21st Century Maritime Road running west towards Europe through South Asia and Southwest Africa. The objective is to promote development through greater cooperation on matters such as trade, financing, investment and culture along Belt and Road Routes.

by Mahamoud Islam, Senior Economist for Asia, Euler Hermes Global.