Europe Skepticism And Response To BRI

Infrastructure

 

Europe is a critical destination for the BRI, however in the course of the spring of 2018, the EU ambassadors to China presented a report in which they argued that BRI is not sustainable economically, environmentally, socially and financially. Similarly, China’s activity of acquiring ports in Belgium, the Netherland, Spain, Italy and Greece has raised numerous concerns on the rising influence of China in Europe. Thus European Union released it “connectivity strategy” in September 19, 2018. It offered a different approach to the relationship between Europe and Asia relative to BRI. The new strategy is based on four of the Strengths of EU namely: its internal market as a basis for sustainable connectivity; it experience of creating networks across borders; it ability to build bilateral, regional and international levels; and a comprehensive financial framework for mobilizing investment. Vice-president of European Commission, Federica Mogherini argued that EU approach to sustainable connectivity can be expanded specifically in Asia, and this will be done in a way that will be beneficial for Europe, Asia and the entire planet.

European Union team led by Federica Mogherini Source:eeas.europa.eu

 

 

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