The World Bank has allocated about $8 billion for the infrastructure projects of the Chinese initiative - Silk Road Economic Belt.
- The round table meeting at Beijing, held on September 12 was in the "6 + 1" format with the heads of international financial and economic organizations. The heads were
- Chinese Premier of the State Council Li Keqiang,
- World Bank President Jim Yong Kim,
- Managing Director of the International Monetary Fund Christine Lagarde,
- Director General of the World Trade Organization Roberto Azevedo,
- Director General of the International Labor Organization Guy Ryder
- Secretary General of the Organization for Economic Cooperation and Development Angel Gurria
- The initiative to create the Silk Road Economic Belt ("One belt - One road") was proposed by the Chinese President Xi Jinping in 2013.
- This project is aimed at creating a transport, energy and trade corridor between the countries of Central, Eastern, South Asia and Europe .
- The Silk Road Economic Belt comprises 6 corridors which connect five central Asian countries, Iran and the Persian Gulf region, Transcaucasia, Turkey and the Saudi Arabian peninsula.
