Who are involved in the One Belt One Road Initiative?

President Xi Jinping proposed a development strategy in 2013 called the One Belt One Road Initiative, which is a Silk Road Economic Belt and a 21^st century Maritime Silk Road. Declared as the project of the century by the paramount leader, President Xi Jinping, this is a program that would cost an estimated $5 trillion infrastructure which would connect countries from Asia, Middle East, Europe, and Africa. Around 70 countries and international organizations have indicated their interest in the infrastructure project. Various heads of states or their representatives are meeting up to further make plans in constructing the project, and the next gathering would be in 2019 in Beijing.  In line with the essence of promoting globalization, President Xi Jinping stated that the People’s Republic of China is pledging around $113 billion for the infrastructure project that is open for willing states who are also aiming to improve their economic capability and in the pursuit of stronger international relations with its neighboring states. This is because the project will be reducing the disparity between Asia Pacific and Europe. The One Belt One Road Initiative will bridge the geographic gap between states for economic development and globalization.

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