Belt and Road in the Central and Eastern EU and non-EU Europe: Obstacles, Sentiments, Challenges
Belt and Road in the Central and Eastern EU and non-EU Europe: Obstacles, Sentiments, Challenges

Author(s): Maria Smotrytska
Subject(s): Politics, Economic policy, International relations/trade, Security and defense, EU-Accession / EU-DEvelopment
Published by: IFIMES Mednarodni inštitut za bližnjevzhodne in balkanske študije
Keywords: EU; Europe; China; international affairs; economy; security;
Summary/Abstract: Today at a broader diplomatic and strategic level, the BRI has become a symbol of China's growing importance in international affairs, changing regional dynamics in geographical areas close to or even within Europe. At the most basic level, the strategic implications of expanding China's policy in the EU stem not so much from a set of projects with a single link, but from its comprehensive nature. China-related initiatives, such as the AIIB and the BRI, – it is ample clear – have already changed the global financial development landscape. Similarly, in the sphere of security relations, there is a need to protect assets and citizens abroad leading to the “securitization” of Chinese BRI participation abroad, which is likely to significantly change China's role in the regions of European interests. Within Europe, and in conjunction with sub–regional “mini-initiatives” in China, such as CEE 16 + 1, the BRI also contributes to changes in the policymaking landscape in Europe and China.

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