Russia approves 1,250-mile highway through its territory which will connect China to Europe under Xi Jinping’s scheme to dominate global trade
The “Meridan” highway connecting China to Europe through Russia, gets green light. It will reach almost 1,250 miles (2,000 kilometers) long and will run westward from the country’s border with Kazakhstan, creating the shortest route to move goods between mainland Europe and China, Russian
The project will cost an estimated 600 billion rubles — around $9.4 billion and is expected to take around 12-14 years to complete. It is reported that more than 80% of the land needed for the construction of the highway has already been bought.
The privately financed Meridian Highway will run from Russia’s border with Belarus to the frontier with Kazakhstan and will form part of a larger network spanning from Hamburg to Shanghai.
It comes as part of Chinese President Xi Jinping’s ambitious ‘Belt and Road’ initiative which has seen the Far Eastern superpower invest heavily in other nations’ road networks in an apparent bid to dominate global trade. Once constructed, the road will become the shortest route to move goods between Europe and China.
At the western end, the four-lane highway will enter Belarus close to Smolensk, halfway between Moscow and Minsk.
While at the eastern end it will enter near Sagarchin on the Kazakhstani border.
It is the brainchild of Alexander Ryazanov, the former deputy chairman of gas giant Gazprom, who already owns roughly 80 per cent of the land the road is expected to run through.
It is hoped the road will shorten trucking routes between cargo hubs in western China and central Europe and offer a faster alternative to three existing rail corridors – including the Trans-Siberian Railway and the Suez Canal.
Russian politician Dmitry Medvedev is reported to have approved the first phase of the project, according to Russian state news agency RIA Novosti.
It will be funded as part of a partnership between private investors with state support.
Sergei Sanakoyev the head of the Russian-Chinese Analytical Center, told The Moscow Times that he believes the highway is economically justified and can create more jobs and new transit revenue sources for Russia.
‘The question is whether or not Ryazanov has enough financial and administrative resources and the right people,’ he said. ‘I don’t see it now.’
The road will form part of a Western Europe-China Highway, which will stretch around 5,000 miles and ultimately connect the ports of Hamburg and Shanghai.
Under the Russian-backed Belt and Road Initiative (BRI), China has invested heavily in 152 countries with a view to recreating the old ‘Silk Road’ between Europe and the Far East.
Xi launched the initiative back in 2013, which has already seen road networks developed across several nations – and is due to be completed as soon as 2043.
Officially, the move has been labelled as ‘a bid to enhance regional connectivity and embrace a brighter future’.
But critics claim it is a cynical push to increase China’s dominance over smaller nations.
In particular, it has drawn scathing criticism from US officials who view it as a means to spread Chinese influence abroad and saddle countries with unsustainable debt through non-transparent projects.
Earlier this year the US refused to send high-level officials to attend China’s second Belt and Road summit in Beijing -citing concerns about the project’s financing.
China hit back by calling those opinions ‘prejudiced, and saying it has never forced debt upon participants and the initiative was to promote joint development.
Russia meanwhile has sought to tether itself to the success of the initiative.
Vladimir Putin visited China for the same summit the US boycotted in April.
Back then, he said that the Chinese initiative will strengthen ‘the constructive cooperation’ of the Eurasian states and will ensure sustainable economic development and economic growth in the region.
ปั้มไลค์
August 4, 2019 at 8:33 pm
Like!! Great article post.Really thank you! Really Cool.
healthy living
August 5, 2019 at 2:57 am
Do you have a spam problem on this website; I also am a blogger, and I was curious about your situation; many of us have developed some nice procedures and we are looking to swap solutions with other folks, be sure to shoot me an email if interested.
financial planning help
August 5, 2019 at 6:28 am
It’s difficult to find educated people for this topic, however, you sound like you know what you’re talking about! Thanks
pengeluaran sgp
August 17, 2019 at 5:46 am
Hola! I’ve been reading your website for a long time now and finally got the courage to go ahead and give you a shout out from Austin Tx! Just wanted to say keep up the great work!
Лена
August 25, 2019 at 4:14 pm
Не поняла как это так?
David Springer
September 9, 2019 at 8:19 am
I am not sure where you’re getting your info, but good topic. I needs to spend some time learning more or understanding more. Thanks for great info I was looking for this information for my mission.
Adrian Sanderson
September 10, 2019 at 8:19 pm
Aw, this was an incredibly good post. Finding the time and actual effort to make a good article… but what can I say… I procrastinate a lot and don’t manage to get nearly anything done.
Heather Parr
September 12, 2019 at 2:55 am
I’d personally also like to convey that most individuals that find themselves with no health insurance are normally students, self-employed and people who are not working. More than half of the uninsured are under the age of Thirty-five. They do not feel they are wanting health insurance since they’re young as well as healthy. The income is typically spent on housing, food, in addition to entertainment. Many individuals that do work either whole or part-time are not made available insurance by their work so they head out without because of the rising expense of health insurance in the us. Thanks for the concepts you write about through this web site.
Greggexest
October 16, 2019 at 5:48 am
Хорошая статья
Stevgags
November 3, 2019 at 8:32 am
Viagra Tablet Picture mezclar viagra y cialis Medicines Without A Prescriptions Comprar Cialis 20 Mg
moledesign
November 12, 2019 at 6:20 am
Say, you got a nice blog post.Really looking forward to read more. Will read on…
plenty of fish dating site
November 12, 2019 at 5:23 pm
What’s Happening i’m new to this, I stumbled upon this I have discovered It positively useful
and it has aided me out loads. I am hoping to give a contribution & assist different customers
like its aided me. Great job.
bouncy castle rental bexley
November 14, 2019 at 2:35 pm
I loved your article.Really thank you! Fantastic.
relationship advice for men
November 14, 2019 at 9:21 pm
Great, thanks for sharing this article. Really Cool.
Relationship Advice
November 14, 2019 at 9:35 pm
wow, awesome post.Really thank you! Awesome.
Dion Wiatrowski
November 15, 2019 at 12:21 am
Awesome post. That was informative
메이저토토
November 15, 2019 at 8:37 am
Looking forward to reading more. Great blog article.
토토웹
November 15, 2019 at 8:47 am
Thanks so much for the article post.Really looking forward to read more. Will read on…
coconut oil of
November 15, 2019 at 1:37 pm
What’s up, everything is going fine here and ofcourse every one is sharing information, that’s genuinely excellent, keep up writing.
Kahan Hum Kahan Tum
November 15, 2019 at 3:52 pm
Thanks a lot for the blog.Thanks Again. Cool.