"16+1" Format - Role in Geopolitical Strategy of PRC
"16+1" Format - Role in Geopolitical Strategy of PRC

Author(s): Nako R. Stefanov
Subject(s): Politics / Political Sciences, Politics, Economy, National Economy, Business Economy / Management, Geopolitics
Published by: Великотърновски университет „Св. св. Кирил и Методий”
Keywords: The “16+1” format; “One Belt-One Road” (OBOR) Initiative; win-win development; Geopolitical Strategy; suspicion concerned about China cooperation with the CEE

Summary/Abstract: In the latest years the “16+1” Format is becoming more and more important for the Central and Eastern Europe countries. Although at the very beginning the format “16+1” has not been considered an important initiative from geopolitical and even from economic point of view at the background of “One Belt One Road” (OBOR) Geostrategic Strategy it began to acquire the features of geo-strategic scheme. The current progress within the “16+1” Format has exposed the challenges China is facing in its attempt to shape a concrete framework for cooperation on OBOR. Brussels is concerned about China cooperation with the CEE countries. This suspicion hinders cooperation between China and the CEE countries. Such cold war mentality needs proactively respond.