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Thanks to the Silk Road will change the economic balance of power

Work began on the revival of the historic Silk Road. The first international presentation of this landmark project was held in China with the participation of 28 countries, including Turkey.

This project involves the launch of Northern corridor through Russia and the Southern Corridor through Iran. Part of the project relating to Turkey, Turkey is associated with the connection software, Europe and the republics of Central Asia, Afghanistan and Pakistan with the help of the way to China. In other words, Turkey will play a role in the Central Corridor project.

Chinese project "One belt - one way", which is regarded as a major transport and commercial project in the world, is able to change all the known and established balances.

The project is directly related to the mobilization of the economic potential of the countries through which the route will be built, as well as their contribution to the recovery of the world economy.

While this corridor will accelerate infrastructure investments in the economy of the participating countries will also strengthen the trade flows between them. Consequently, the world rankings of countries largest economy may change, too.

What will change with the Silk Road project?

Economic activity, which occurs with the launch of all the corridors and the implementation of investment plans, will provide economic benefits the participating countries, and above all put an end to America's supremacy in the global economy. The world must be ready to change the economic balance of power.

Trade flows, which now go to the west to the east, a change of direction on the opposite, to the "East - West". This situation can be seen as an economic breakthrough East.

That the project of the Silk Road will connect with each other more than 60 countries in Europe and Asia, and the demographic and economic points of view, provide a basis for new forms of integration and cooperation.

We're talking about communication intercontinental scale. When connecting road, railways, ports and airports, power lines and fiber-optic lines - that brought together Asian, European, African continent and the Middle East region with each other - it is a question of laying of intercontinental transport and communication networks. This path, which combines trade, transport, logistics, obviously, has a high economic potential.

Creation of high-speed trains, airports, power stations and pipelines within the framework of the new Silk Road project will accelerate the emergence of new economic institutions, banks and financial institutions. The map of the Silk Road will be characterized by active dynamics of many economic processes.

"Central Corridor" Silk Road: Turkey

Large Turkish investments in the transport sector and ongoing projects show that our country is ready for the Silk Road. Due to the large infrastructure investments in recent years, Turkey has done the fastest way in the field of traffic routes high-speed trains, airports, oil and gas pipelines, that is, the basic parameters of the project of the new Silk Road.

These completed projects and is now functioning as a tunnel "Marmaray" and Yavuz Sultan Selima Groznogo Bridge, from this point of view, form the cornerstones of the Silk Road. A railway project Baku - Tbilisi - Kars and Edirne - Kars, the implementation of which is still ongoing, will become an important pillar of the central corridor of the modern Silk Road.

Offshore pipeline "Turkish Stream"

With the implementation of projects of the Trans-Anatolian gas pipeline (TANAP), the construction of which is currently ongoing, "Turkish Stream", as well as other planned gas pipelines with a vengeance Turkey fulfills its obligations as a country of the central corridor of the Silk Road Project. Thus references to central corridor as energy and financial center specifically for Turkey depends on the stability of Turkey large infrastructure projects and successful implementation Silk Road.

When completed the creation of the corridor, the terms of trade shipments between China and Turkey will decrease, and trade between the two countries, which will run through this corridor, picks up the pace.

Taking into account the country, remaining in the west and east of this corridor, one of the important points is that Turkey will be able to quickly reach its goal - to become a center for the energy sector.

A source: ИноСМИ

Author: Erdal Karagol (Erdal Tanas Karagöl, Yeni Safak, Turkey)

Tags: Asia, Economy, Turkey, International Relations, Russia, China, Analytics, Gas, Turkish stream, Politics