Skip to main content

EU approves infrastructure strategy to rival China ‘Belt and Road’ plan

The EU published conclusions on the new “Globally Connected Europe Strategy,” an infrastructure strategy set to rival China’s “Belt and Road” initiative on Monday. This came following a co-operation pledge between the EU G7 nations along with the rest of the elite forum’s members.

These conclusions are set to build upon the 2018 Joint Communication and Council Conclusions, “Connecting Europe and Asia—Building Blocks for an EU Strategy,” and follow the same basic principle; that connectivity should be sustainable, comprehensive and rules-based. They further emphasize the importance of connectivity for economic growth, security and resilience in order to diversify value chains, reduce strategic dependencies and boost competitiveness.

The plan affirms the importance of investing in both regulatory frameworks and physical infrastructure, while attempting to boost the cooperation between the EU and like-minded countries and regions, particularly the US and ASEAN.

In response to the press, German Foreign Minister Heiko Maas said that “[the EU sees] China using economic and financial means to increase political influence everywhere… we must offer alternatives”, rendering this plan a direct response to China’s “Belt and Road” initiative.

The conclusions call for a new Joint Communication by Spring 2022 for the purposes of implementing the agenda:

  • To identify and implement a set of high impact and visible projects and actions
  • To present coherent and streamlines financing schemes to incentivise sustainable connectivity investments
  • To mobilise the private sector to finance and implement projects
  • To ensure visibility of the EU’s global connectivity actions through coherent actions through coherent strategic communication
  • To ensure efficient co-operation and co-ordination between all stakeholders; and
  • To keep the Council closely involved on a regular basis through relevant structures


Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and