Ports in the Baltic region are building up an effective trading route, the Polar Silk Road, to China with some Nordic shippers touting it as a “win-win” situation. While the hyperbole may mask some of the infrastructure issues that still need to be sorted out, the Baltic ports see business opportunities inherent in the Polar Silk Road to increase their tonnage volume resulting from rising trade with China.
Kazakhstan is looking for economic and energy diversity to sustain growth in the coming decades.
Port of Brownsville, located on the U.S.-Mexican border, is embarking on a $250 million infrastructure project that will deepen the port’s channel to 52 feet. The added depth is needed to keep Brownsville competitive and growing.
From its former provincial character, the Duisburg port in the German state of North Rhine Westphalia is becoming a player in international shipping, its significance receiving a big boost with the recent focus on the Belt-Road-Initiative in Beijing.
The German term “neue Seidenstrasse“ (the new silk road) is used to refer to what the Chinese President Xi Jinping calls the Belt-Road-Initiative (BRI), which was originally called One Belt One Road project.
“at least for now”
Dubai’s JAFZA (Jebel Ali Free Zone) profiles itself as “ideal site” in the Gulf for setting up manufacturing and trading operations.
The aviation sector in Turkey has been weakened by current events. But despite recent lackluster performance and waning of investor confidence, the seeds of rebound may already be in place.
Taiwan very much wants to be a part of the Trans-Pacific Partnership and needs the U.S. onboard with the idea – a partnership that Beijing feels much different about.
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