The global stage is witnessing a surge in international infrastructure projects like the Belt and Road Initiative (BRI), the Build Back Better World (B3W), and the India-Middle East-Europe Economic Corridor (IMEC). While these initiatives offer developing countries a variety of options for growth and development, Zoon Ahmed Khan, a researcher from the Center for China and Globalization, cautions against adopting a replacement mentality towards the BRI.
“These projects should not be viewed as alternatives aiming to counter or replace the BRI,” Khan emphasizes. “Such an approach is counterproductive and undermines the potential benefits that collaborative efforts can bring to developing nations.”
The BRI, launched in 2013, has been instrumental in enhancing connectivity and economic cooperation across Asia, Africa, and Europe. Khan believes that rather than competing, these global initiatives should coexist and complement each other to address the diverse needs of different regions.
“Developing countries need multiple avenues for infrastructure development and economic support,” she explains. “By fostering a collaborative environment, we can leverage the strengths of each initiative to promote sustainable growth worldwide.”
Khan’s perspective highlights the importance of synergy over competition in global development efforts. She urges policymakers and stakeholders to focus on the shared goal of uplifting economies and improving livelihoods, rather than engaging in geopolitical contests.
“It’s imperative that we move beyond a zero-sum mindset,” Khan concludes. “By embracing cooperation, we can create a more inclusive and prosperous future for all.”
Reference(s):
cgtn.com
