International Trade

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TH, as the EU, supports the Chinese Belt and Road Initiative.

The “Belt and Road Initiative” is a Chinese development strategy aimed at establishing logistic links to a total of 60 countries in Europe, Central- and South-East-Asia and, to a smaller extend, East-Africa. Investments are expected to total US$4–8 trillion that are often to be repaid by the respective countries. It includes projects such as the upgrading of harbours, airports, roads and rail across the Balkans, a railway from Mombasa to Nairobi (Kenya's biggest infrastructure project since independence) and a railway to Malaysia (construction currently halted).