Abstract
The purpose of the research article is to examine responses of the European countries on the Chinese project, Belt and Road Initiative (BRI) and its impact on shaping EU policies. The BRI intends to foster trade and financial relations between Europe and the Middle Kingdom1 by incorporating a network of economic hubs and commerce-friendly infrastructure. It supports setting up of ports, highways, railways, airports, transit zones and energy pipelines to bring interconnection between Asia, Africa Europe and Eurasia. The magnificent Initiative would have financial, security, and geo-political consequences for each one of those nations engaged with it and even beyond. Chinese specialists guarantee that this project will be useful for every interested country, and some anticipated that it would help in thriving European economy in the long term. This paper highlighted that there is a space for European states to choose better options in this emerging scenario. Moreover, experts on the European Union and its member states’ policies are calculating the benefits and challenges carried by the BRI and expected to see the Union to utilize all their bargaining capability to get better agreements with China at the negotiation table.
Keyword(s)
A PHP Error was encountered
Severity: Notice
Message: Undefined variable: pub_keywords
Filename: front/publication.php
Line Number: 77
Backtrace:
File: /home/prdbpk/public_html/application/views/front/publication.php
Line: 77
Function: _error_handler
File: /home/prdbpk/public_html/application/controllers/Front.php
Line: 221
Function: view
File: /home/prdbpk/public_html/index.php
Line: 315
Function: require_once
A PHP Error was encountered
Severity: Warning
Message: Invalid argument supplied for foreach()
Filename: front/publication.php
Line Number: 77
Backtrace:
File: /home/prdbpk/public_html/application/views/front/publication.php
Line: 77
Function: _error_handler
File: /home/prdbpk/public_html/application/controllers/Front.php
Line: 221
Function: view
File: /home/prdbpk/public_html/index.php
Line: 315
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Undefined variable: pub_info
Filename: front/publication.php
Line Number: 84
Backtrace:
File: /home/prdbpk/public_html/application/views/front/publication.php
Line: 84
Function: _error_handler
File: /home/prdbpk/public_html/application/controllers/Front.php
Line: 221
Function: view
File: /home/prdbpk/public_html/index.php
Line: 315
Function: require_once