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Belt and Road Initiative & Bangladesh

1. Understanding the Belt and Road Initiative • • CENTRE FOR The Chinese President Xi Jinping launched both the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives in 2013. Afterwards, these were renamed as the Belt and Road Initiative (BRI). Also known as the New Silk Road, the BRI is an ambitious infrastructure project which stretches from East Asia through Europe. The initiative's objective is to build connectivity and cooperation across six main economic corridors. These are: (1) New Eurasia Land Bridge; Bridge; (2) China-Mongolia-Russia Economic Corridor; (3) China-Central Asia-West Asia Economic Corridor; (4) China-Indochina Peninsula Economic Corridor; (5) China-Pakistan Economic Corridor; and (6) China-Bangladesh-India-Myanmar Economic Corridor. POLICY DIALOGUE Belt and Road Initiative & Bangladesh LO 5
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