ˆhe creation of the ‘EŒ wi faciitate free fow of oods… services… investment and skied a our amon the ‘ŽE‘N states… as we as “freer” fow of caita‡ ˆhe Œ›˜ª markets are exected to enefit from the oenin u of new market sements… owerin of non†trade arriers and reater infow of forein direct investment‡ ˆhe enefit to insurance wi e from increased trade and investment fows‡ ‘nd… the exectation of services interation wi ikey drive further harmonisation of insurance reuations in the ‘ŽE‘N reion and create oortunities for cross† order suy of insurance services‡2’ ‡ne Želtƒ ‡ne Road … and the “”ne ‰et… ”ne ‹oad” initiative ˆhe ”ne ‰et… ”ne ‹oad ”‰”‹„ an chamioned y Œhina is another undertakin with otentia to rin a out sinificant enefits to the ‘ŽE‘N economies… in the form of increased trade and investments in infrastructure‡ ˆhe “”ne ‹oad”… or the 21st Œentury ˜aritime Žik ‹oad… wi ikey enefit the ‘ŽE‘N mem er states‡ ˆhe initiative aims to revive one of the historic maritime trade routes… and countries aon the tradin route wi receive sinificant investment in infrastructure in rearation of the exected rowth in trade fows‡ ˜uch has aready een done to suort the uidin of the new Žik ‹oad… incudin the esta ishment of ma“or financia institutions for fundin‡ ˆhese incude the ‘sian Infrastructure Investment ‰ank… the New ‚eveoment ‰ank and the Žik ‹oad Infrastructure —und‡ ‘ccordin to Œhina’s ˜inistry of Œommerce… Œhinese state†owned enterrises invested ¥Ž‚ 10‡¢ iion in the 4 countries aon the ”‰”‹ route durin §anuary†‘uust 201™… an increase of 4‡2 over the same eriod a year earier‡¡0 ”‰”‹ wi invove ma“or infrastructure ˆa e 6 iustrates some of the exected cross† order ro“ects under ”‰”‹‡ construction ro“ects Œam odia… ˜yanmar… ›aos are a invoved as are many Œentra ‘sian markets„‡ ˆhe ro“ects wi ikey oen u new oortunities in enineerin insurance and other ines of usiness e… marine„‡ Table † ƒiot ro“ects Investment destination ˜a“or overseas infrastructure ro“ects €wadar ort construction ƒakistan under ”‰”‹ £am antota ort construction Žri ›anka Œaacity co†oeration an investment vaue ¥Ž‚ 2¡‡6 iion„ ±aŠakhstan Žihanoukvie ort construction Œam odia Indonesia ort construction Indonesia Œhina†›aos†ˆhaiand raiway ›aos and ˆhaiand Œhina†˜yanmar raiway ˜yanmar Œhina†ˆa“ikistan hihway ˆa“ikistan Œhina†ƒakistan hihway ƒakistan Œhina†centra ‘sia natura as ieines ine Œ and ine ‚ Œentra ‘sia Œhina†‹ussia natura as ieines… west ine and east ine ‹ussia Žource: “”n the New Žik ‹oad III”… »inhua… ‘ri 201™° £Ž‰Œ‡ 29 ‰ourne starts – inauguration o the E‹ Economic Œommunit, Žwiss ‹e… ‚ecem er 201™‡ 30 ‘t the same time… ”‰”‹ countries have esta ished 224 forein†invested enterrises in Œhina durin §anuary†‘uust 201™… u ™4‡4 year†on†year‡ Œhina contracted 266™ ”‰”‹ enineerin ro“ects with 60 ”‰”‹ countries durin the same eriod of time… at a tota vaue of ¥Ž‚ ™4‡4 iion‡ Žee “Œhinese Žtate†”wned Investment in “”ne ‰et… ”ne ‹oad” Œountries ¥ 4‡2 ¼ear†on†¼ear”… Œhina Go broad, ”cto er 201™… htt://www‡chinaoa road‡com/en/artice/chinese†state†owned†investment†in†one† et†one†road†countries†u†4†2†year†on†year Swiss Re sigma No 2/2016 21
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