Belt and Road Initiative

Definition

The Belt and Road Initiative (BRI) is a global development strategy proposed by China that aims to enhance connectivity and promote economic cooperation among countries through infrastructure projects and trade partnerships.

Related terms

Silk Road: The Silk Road was an ancient network of trade routes connecting Asia with Europe, which served as an important pathway for cultural exchange and commerce.

Infrastructure Development: Infrastructure development refers to the construction of essential facilities such as roads, bridges, ports, and airports that support economic activities within a region.

Economic Cooperation Zones: Economic cooperation zones are designated areas where countries collaborate on joint ventures and investment projects aimed at boosting economic growth.