position_papaer_final[1]UNSC

Committee: United Nations Security Council
Agenda : Economic Corridor Warfare
Country : The People's Republic of China
The people’s Republic of China as a significant permanent member of United Nations Security
Council, China acknowledges the significance of the Belt and Road initiative (BRI), The India-Middle
East-Europe Corridor (IMEC), and the International North-South Transport Corridor (INSTC) as
pivotal components in changing dynamics of the global trade and economic interconnectivity . Since
1945 the China has been granting its considerable sway in matters of global security and trade. The
remarkable economic expansion that China has experienced since the late 20th century has further
solidify its status as a leader in international trade.
Efforts made by people’s Republic of China :
China has made substantial financial commitments to the BRI:
• Total investments exceeding $1 trillion in various infrastructure projects
• Financing through Chinese state-owned banks and the Asian Infrastructure Investment Bank
(AIIB)
• Providing loans and grants to participating countries for project development
Infrastructure investments :
• Development of economic corridors which include The New Eurasian Land Bridge (NELB),
the China-Mongolia-Russia Economic Corridor, The China-Indochina Peninsula Economic
Corridor, The China-Pakistan Economic Corridor (CPEC), The Bangladesh-China-India-
Myanmar Economic Corridor (BCIM).
Diplomatic efforts
China has engaged in extensive diplomatic activities to promote world trade through economic
corridors
• Signing bilateral agreements and MoU with over 140 countries for development of BRI
• Organizing international forums and summits to discuss BRI cooperation which includes
Joint Communique of the Leaders Roundtable of the Belt and Road Forum for International
Cooperation (2017) , Joint Communique of the Leaders' Roundtable of the 2nd Belt and Road
Forum for International Cooperation (2019) .
The people’s republic of China has diplomatic views of both IMEC and INSCTC . Both projects
face similar problem ongoing conflicts impact the viability of IMEC, and INSTC through
infrastructure destruction, rising costs, and scaring away investment. The IMEC is exposed to
threats against route safety and regional instability that raises costs. The INSTC experiences
disruptions in its transport routes and increased costs in maintenance. Socially, conflicts cause
displacements, humanitarian issues, and resistances; it hence complicates project management and
regional cooperation. These factors are what undermine the effectiveness and attractiveness of
these economic corridors, hence affecting their economic and social stability .
These projects also pose environmental risks and sustainability challenges, requiring careful
management and mitigation strategies.
Steps Taken by people’s Republic of China
• The Belt and Road Initiative is highly compatible with the 2030 Agenda for Sustainable
Development in terms of goals, concepts and implementation paths.
• China collaborates with the United Nations Environment Programme (UNEP) and other
international organizations to align BRI projects with global environmental standards
Through MoU with the United Nations Environment Programme in the year 2018.
Proposal by China
• China proposes to use its economic corridors to promote the internationalization of the
Renminbi (RMB), potentially challenging the dominance of the US dollar as a global reserve
currency.
• China aims to create Arctic Silk Road, which aims to develop shipping routes and
infrastructure in the Arctic, could lead to controversy. Arctic nations, especially those in the
West like the U.S., Canada, and the Nordic countries, may view this as an expansion of
Chinese influence into a sensitive and strategically important region
"While some nations pursue corridors like IMEC and INSTC to preserve outdated influence, China's
Belt and Road Initiative represents a forward-looking vision for global prosperity. The international
community should question if these alternatives are about genuine connectivity or merely
isolating China. By Dr. Wei Li
Bibliography:-1]https://www.bbc.com/news/world-asia-china-42833178
2]https://www.fmprc.gov.cn/mfa_eng/
3]https://www.worldbank.org/en/topic/regional-integration/brief/belt-and-road-
initiative
http://en.icdpaso.org/content/2167
tps://uncitral.un.org

position_papaer_final[1]UNSC

Uploaded by

Copyright:

Available Formats

position_papaer_final[1]UNSC

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

position_papaer_final[1]UNSC

Uploaded by

Copyright:

Available Formats

Committee: United Nations Security Council

Agenda : Economic Corridor Warfare

Country : The People's Republic of China

Efforts made by people’s Republic of China :

China has made substantial financial commitments to the BRI:

• Total investments exceeding $1 trillion in various infrastructure projects

• Providing loans and grants to participating countries for project development

Steps Taken by people’s Republic of China

You might also like