02/21/2008, 00.00
ASIA - EUROPE
Send to a friend

Recreating the Silk Road, for trade and tourism

Dilapidated roads, insufficient railways, and congested ports hamper trade, while many countries remain at the edges of the main commercial routes. Now China, Russia, and other countries are working to create a new road system.

Geneva (AsiaNews Agencies) - The transportation ministers of 19 countries of Europe and Asia met in Geneva on February 19 and agreed on 43 billion dollars in projects to restore the ancient Silk Road and other roads, and to link the two continents from the Mediterranean Sea to the far east.  The new system will incorporate roads, railways, and waterways, to foster rapid growth in trade.

Today transportation, especially commercial transportation, is blocked by dilapidated roads, insufficient railways, complicated border controls, and congested ports.  Now 19 countries - including China, Russia, Iran, Turkey, and countries of central Asia - have pledged to improve land routes with 230 projects to be completed by 2014.  Each country will have to refurbish the transportation system in its own territory.

Barry Cable, an official of the United Nations, which is supporting the project, comments that it is "a revitalisation, a rebirth of the Silk Road system, which will provide an opportunity not only for the land-locked countries of Central Asia and Eastern Europe, but for the more distant areas away from the sea to benefit from much better transport connections". Many of these countries are now at the edges of global commerce.  The transportation network will also foster tourism, which continues to grow: for example, there were more than 420,000 visitors to Bukhara in Uzbekistan in 2006.

The ancient Silk Road connected the Roman empire with the Chinese empire 2,000 years ago, permitting commercial trade between faraway lands, and bringing prosperity to the countries along the road.

Rebuilding the road has been discussed since the collapse of the Soviet Union in the 1990's.  But it is the first time that concrete projects have been discussed.  The World Bank will finance the work.

TAGs
Send to a friend
Printable version
CLOSE X
See also
European ports a key plank of China’s Belt and Road
16/11/2019 09:00
Asia, rain and pollution obscure the eclipse of the century
22/07/2009
China’s Belt and Road losing momentum, at least in Europe
31/01/2020 12:50
Growing unemployment in the Philippines, also due to corruption and waste
04/01/2010
EU leaders fear Beijing's 'coronavirus diplomacy'
25/03/2020 18:11


Newsletter

Subscribe to Asia News updates or change your preferences

Subscribe now
“L’Asia: ecco il nostro comune compito per il terzo millennio!” - Giovanni Paolo II, da “Alzatevi, andiamo”