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What is The Belt and Road Initiative

Chapter 6
The Russia-Ukraine War and Its Consequences on the Geopolitics of the World
The Belt and Road Initiative is a geoeconomic strategy employed by China. It seeks to connect China with the rest of the world through infrastructure. It also aims at establishing financial, trade, digital and people-to-people connectivities.
Published in Chapter:
The Russia-Ukraine War: Derailment in the Belt and Road Initiative
Gökhan Tekir (Ankara Hacı Bayram Veli University, Turkey)
Copyright: © 2023 |Pages: 17
DOI: 10.4018/978-1-6684-8521-7.ch006
Abstract
This study intends to analyze the effects of the Russia-Ukraine war on the Belt and Road Initiative. As the Belt and Road Initiative is the President Xi Jinping's flagship foreign policy agenda, the effects of the Russia-Ukraine war on the Belt and Road Initiative are worth discussing. Although the Russia-Ukraine war is a geopolitical event, the consequences of the war on geoeconomics could be seen. Through its six economic corridors the Belt and Road Initiative sets up trade, financial, people-to-people, and digital connectivities across the world. The Russia-Ukraine war disrupted connectivities across the regions that the Belt and Road Initiative aspires to set up. Especially, China's land connection to Europe through the Northern Route stalled because of war conditions. Furthermore, the Russia-Ukraine war damaged China's political, economic, and infrastructural linkages to European countries. The course of the war between Russia and Ukraine could have drastic results on the progress of the Belt and Road Initiative.
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