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The Silk Road was an ancient network of trade routes that connected many communities of ... Map of the Silk Road, ... This page was last edited on 13 January 2025, ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 22 January 2025. Chinese global infrastructure project Belt and Road Initiative Abbreviation BRI Formation 2013 ; 12 years ago (2013) 2017 (2017) (Forum) 2019 (Forum) 2023 (Forum) Founder People's Republic of China Legal status Active Purpose Promote economic development and inter-regional connectivity ...
The Silk Road [a] was a network of Eurasian trade routes active from the second century BCE until the mid-15th century. [1] Spanning over 6,400 km (4,000 mi), it played a central role in facilitating economic, cultural, political, and religious interactions between the Eastern and Western worlds.
The Maritime Silk Road initiative was first proposed by Chinese leader Xi Jinping during a speech to the Indonesian Parliament in October 2013. [5]In November 2014, Chinese leader Xi Jinping announced plans to create a USD $40 billion development fund, which would help finance China's plans to develop the New Silk Road and the Maritime Silk Road.
The China–Central Asia–West Asia Economic Corridor (abbreviated as CCAWEC) is an economic and transportation corridor of the Belt and Road Initiative, a global economic connectivity program led by China. The corridor was one of the 6 land corridors articulated in the initial vision for the BRI in 2015.
It is planned to be completed by 2025 to the Turkish border at an expected cost of $17 billion. [ 6 ] [ 7 ] Observers and decision-makers note that the project is planned to be completed in three stages by 2028, 2033 and 2050 and will open Iraq to the world through Turkey, and will generate $4 billion annually and create at least 100,000 jobs.
Silk Roads: Zarafshan-Karakum Corridor is a UNESCO World Heritage Site which covers the Zarafshan-Karakum portion of the ancient Silk Road and historical sites along the route. On September 17, 2023, UNESCO designated a 886 km stretch of the Silk Road network in Central Asia as a World Heritage site.
The plan has sometimes been called the "Iron Silk Road" in reference to the historical Silk Road trade routes. [4] UNESCAP's Transport & Tourism Division began work on the initiative in 1992 when it launched the Asian Land Transport Infrastructure Development project.