Students of history would be aware of the term ‘Silk Route’ that figures among the early written material connecting the eastern world with the West. Since then travelogues etched in history have been reconnecting the dots.
The "China's One Belt, One Road: Implications for Connectivity and Regional Trade, Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
The Belt and Road Initiative (BRI), previously known as the One Belt One Road (OBOR) Initiative, consists primarily of the Silk Road Economic Belt and the 21st century Maritime Silk Road.
Removal of non-tariff barriers — mutual accreditation arrangements, entry-exit inspection and simplified quarantine rules and regulations at the entry points, and simplification of customs procedures — can be effective tools to bridge the trade deficit.
Washington is in a tricky position with India. It wants to bolster ties with the Asian giant to counter China's assertiveness, a trend which has also rattled New Delhi.