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Belt and Road Initiative & Bangladesh

1. Understanding the Belt and Road Initiative • • • • CENTRE FOR The Silk Road Economic Belt and the 21st Century Maritime Silk Road span across the territories of 72 countries, which covered 66.09 per cent of the world population and 33.65 per cent of the global Gross Domestic Product (GDP), as of 2018. The BRI has generated a lot of discussion and speculation across the world. Many least developed and developing countries which are in need of infrastructures such as roads, railways, ports and other infrastructure, have welcomed BRI investments. Though the BRI aims to promote regional cooperation through investment, it is seen as China's a plan to strengthen its influence in the region. There is opposition in some participating countries, as costs of many proposed projects have risen substantially. POLICY DIALOGUE Belt and Road Initiative & Bangladesh 8
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