Economy 09:36 21/03/2014

The New Silk Road: China looks West, Turkey looks East

By Dr. Can Erimtan
From RT

With many international crises looming, China doesn’t seems to have lost its entrepreneurial spirit and is working hard at reviving the old Silk Road transportation project.

The world is now watching the events in the Ukraine unfold and trying to decide how to react to Russia's reassertion of control over the Crimea – a peninsula which was transferred from the Russian Soviet Federated Socialist Republic (RSFSR) to Ukraine by the Soviet leader, Nikita Khrushchev, in 1954. The whole scene is eerily reminiscent of the Cold War and puts the West, represented by NATO and the EU, in opposition to Russia and possibly China.

Over the past years, as the world has gradually moved away from its uni-polar state in the aftermath of the dissolution of the Soviet Union and America's arrogant presumption that history had come to an end, Russia and China have re-emerged as contenders on the global scene. On the one hand, Russia's vast hydrocarbon reserves ensured its position as an energy powerhouse, transforming the erstwhile post-Communist basket case into the proud 'Gazprom Nation', providing about 20 percent of the EU's gas needs, which, significantly, are delivered through three pipelines crossing the Ukraine. China, for its part, has become the world's second largest economy and its convenient sweatshop produces all kinds of consumer goods that are happily and eagerly bought by the citizens of the free world.

The still nominally communist, yet fervently capitalist China appears more interested in pursuing its economic goals. Having invested heavily in Africa over the past decade, now it seems the time has come for China's President Xi Jinping and Premier Li Keqiang to look for opportunities closer to home.

As reported by the Chinese news agency, Xinhua, last February: "China and Pakistan agreed ... to facilitate the construction of a China-Pakistan economic corridor, with a focus on cooperation in energy, industrial parks and transportation infrastructure."

Pakistani President Mamnoon Hussain even traveled to the Chinese capital for the occasion. This economic corridor will take the shape of an actual rail link, including the construction of China's longest tunnels in the process. The first tunnel completed runs 22.24 km through the mountainous Xinjiang Uygur Autonomous Region and will reduce the distance between Turpan with Korla in southern Xinjiang by 122 km (from originally 334 km). Additionally, China is also planning to build a $30-billion undersea tunnel as part of the China-Pak economic corridor.

This ambitious rail link is part of China's wider ambitions in neighboring Central Asia. As the ‘Middle Kingdom’ always plans for the long-term, China already secured the construction of a Turkmen-Kazakh-China pipeline in 2007 – 7,000 kilometers of steel pipe at a staggering cost of $26 billion. The rail and pipeline link, connecting China to Central Asia and Pakistan on its western reaches, has been part of the rivalry between world powers to assert primacy in, what the Pakistani author Ahmed Rashid has aptly termed, the “New Great Game."

This new rivalry centers primarily around access to the massive underground reserves in Turkmenistan. But even beyond this energy scheme, China has now also set its sights on reviving the Silk Road, capitalizing on rail links between Pakistan and its "strategic partner", Turkey.

The wily Turkish foreign minister, Ahmet Davutoğlu, visited China in 2010, when he declared that "a new Turkey-China cooperation paradigm is emerging via getting out of the abnormal situation of the period following the Cold War." During its decade of AKP rule, Turkey developed an active foreign and economic policy, which I have termed its 'pseudo-Ottoman' gambit on various occasions.

In the framework of this strategy, which is "trying to shine a light on regions and areas previously located in the darkness beyond Turkish recognition and comprehension" for the nation's economic and political benefit, it is interesting to note that rail operations between Islamabad and Istanbul were restored late last year. Whereas Xinhua reported that "bilateral economic and trade cooperation, infrastructure and technical consulting cooperation, cultural exchange, technical cooperation in information and communications, marine cooperation and railway construction" were also agreed upon by China and Turkey, adding that both countries "aim to boost the bilateral trade value to US$50 billion by 2015 from the current US$17 billion."

The only possible spanner in the works could be thrown by the Uighurs living in China's wild west, the hub where the new Silk Road enters the wider world. As an ethnically-Turkic people professing the Islamic faith, some sections of Turkish society feel attached to their cause. But the current government's commitment to pursuing a pseudo-Ottoman policy appears to have securely put the Uighur plight on the back burner.

And, as I wrote last year, "Turkey is now [also] actively operating to be included in the scramble for the massive Turkmen gas reserves [or the New Great Game], located at the Dovletabad and the Galkynysh (‘Southern Yeloten – Osman’) deposits. In early 2012, Turkmenistan President Gurbanguly Berdimuhammadov was in Turkey, visiting Ankara and Istanbul, and met Turkey’s President Abdullah Gül. They signed a document containing this declaration: “The parties [, i.e. Turkey and Turkmenistan] confirmed the need for continuing work on the development of regional projects aimed at restoring the development of socio-economic spheres [in] Afghanistan. In this regard, the Turkish side expressed its interest in major projects, including the Turkmenistan – Afghanistan – Pakistan – India (TAPI) gas pipeline project, increasing the supply of Turkmen electricity to Afghanistan, as well as projects of transport infrastructure development and expressed its support for these projects."

This new Silk Road, connecting Turkey on the western edge of Asia with the ‘Middle Kingdom’ in the Far East, was also on the Turkish president's mind when he attended the opening the new Marmaray tunnel connecting Europe and Asia last October. Abdullah Gül indicated that "Very big projects first appear as dreams ... This project, which was first dreamed about 153 years ago was [finally] realized by our government."

President Gül then added that Marmaray is a tunnel connecting Beijing to London, intimating that the new Silk Road will not end in Turkey, but will move further west augmenting trade and prosperity in the process.

At the moment, however, Turkey's erstwhile stable economy under AKP rule appears to be faltering due to the continuing corruption scandal, while China is now also apparently on the brink of becoming involved in the Ukraine crisis. Still, Chinese Vice Foreign Minister Li Baodong told international reporters that "We are paying very close attention to the situation in Ukraine. We hope all parties can calmly maintain restraint to prevent the situation from further escalating and worsening. Political resolution and dialogue is the only way out."

It seems there might be a day – quite soon – when goods and people travel between Istanbul and Beijing, unless the present crises ruin the plans in the short and long term.



Source Panorama.am
Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

17:05
Opposition politician: France responded to Pashinyan's 'absurd' comments
Opposition politician Eduard Sharmazanov, a senior member of the Republican Party of Armenia (RPA), claims the French envoy’s latest...
16:30
Israel, Hezbollah reportedly close to a ceasefire deal
A ceasefire deal between Israel and the Lebanese militant group Hezbollah is “very close,” a regional source told CNN on Sunday,...
16:15
Temperatures set to plunge in Armenia
Rain and snow are forecast for most parts of Armenia from Monday to Friday. The capital Yerevan will also see precipitation till Thursday...
16:02
Armenian companies help Russia evade Western gold trade sanctions, study reveals
Hetq, and the Russia-focused independent media outlet The Insider, have revealed that companies in Armenia are aiding Russia to circumvent gold...
15:36
Major car crash leaves several wounded in Armenia
Several people were wounded in a major car crash in Armenia's Aragatsotn Province on Monday. The Rescue Service reported that a Nissan...
15:15
HIV infections rising in Armenia
Health officials have reported an increase in HIV infection rates in Armenia in recent years. A total of 462 new HIV cases were confirmed in...
14:36
Cosmetic doctor sues Ronaldo over ‘unpaid’ bill
Footie superstar Cristiano Ronaldo is being sued by a cosmetic doctor over an alleged unpaid £40,000 bill, The Sun reports. Dr...
14:06
Russia remains committed to ensuring Armenia's security, envoy says
Russia remains committed to its security obligations towards Armenia, including through the Collective Security Treaty Organization (CSTO),...
13:32
World Chess Championship kicks off in Singapore
The FIDE World Chess Championship Match 2024 is taking place in Singapore from November 25 to December 13. The championship is...
13:01
'Genuinely Yours': ARARAT presents new communication platform
“Genuinely Yours” new communication platform of ARARAT is a new chapter in the history of the brand. ARARAT continues its...
12:36
Azerbaijan used COP29 to step up anti-Armenian propaganda, MP says
Armenia gained nothing in return for supporting Azerbaijan's bid to host the COP29 UN climate summit which concluded on Sunday, opposition...
12:00
Cargo plane crashes into house in Lithuania, killing one
A DHL cargo plane crashed into a house as it made its approach to land at Lithuania’s Vilnius airport early on Monday, killing one person...
11:45
Today is legendary commander Monte Melkonian's birthday
November 25 marks the birthday anniversary of legendary Armenian commander, philosopher and warrior Monte Melkonian. He would have turned 67...
11:30
Fog hits Syunik highlands
The Rescue Service has warned drivers about a closed road in Armenia. The road linking the Amberd high mountain meteorological station to...
11:15
World Cadet Championship: Armenia's Tyhran Ambartsumian among leaders
The World Cadet Chess Championship 2024 is coming to a close in Montesilvano, Italy. CM Tyhran Ambartsumian is among the leaders before...
11:00
Putin, Erdogan hold phone call
Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan discussed relations between the two nations during a phone...
17:00
Armenian church honors St Gregory the Thaumaturgus and others
The Armenian Apostolic Church on Saturday commemorates St Gregory the Thaumaturgus, Nicholas the Bishop and St Myron the Wonderworker....
16:30
Banner at Armenian church in Watertown vandalized, police say
A banner at St. Stephen’s Armenian Church in Watertown has been vandalized, Watertown News reports, citing local police. The...
16:02
At least 3 arrested as Montreal anti-NATO protests turns violent
Montreal police say at least three people were arrested after protests turned violent Friday evening, with demonstrators throwing objects at...
15:45
Expert: Armenia pinned hopes on 'European fairy tales' and became isolated
Arthur Khachikyan, an international relations expert from Stanford University, claims the Armenian government’s poor foreign...
15:07
Armenian-Russian relations 'in agony', expert says
Hayk Khalatyan, a political analyst at the Verelq Information and Analytical Center, on Saturday accused Prime Minister Nikol Pashinyan and his...
14:32
Powerful Israeli airstrike kills 11 people in central Beirut
A powerful airstrike killed 11 people in central Beirut on Saturday, the Lebanese civil defence said, shaking the capital as Israel pressed its...
14:15
Expert: Armenian-Azeri talks somewhat stalled
Political analyst Suren Sargsyan claims the Armenian-Azerbaijani peace talks have somewhat stalled amid the change of government in the United...
13:33
Temperatures set to plunge next week
Clear weather is expected in Armenia's regions over the weekend. Rain and snow are forecast for most parts of the country next week....
13:06
Magnitude 4․3 quake hits Azerbaijan, felt in Armenia
A magnitude 4․3 earthquake struck Azerbaijan on Saturday afternoon. The quake was recorded 42 km northeast of the town of Goris in...
12:35
Opposition MP slams Pashinyan's Western Armenia remarks
Opposition Hayastan faction MP Levon Kocharyan has blasted Prime Minister Nikol Pashinyan's remarks on Western Armenia and Baku’s fake...
12:00
MP Hovik Aghazaryan says decided on his parliament seat
MP Hovik Aghazaryan of Armenia’s ruling Civil Contract party has made a decision on his parliament seat. The deputy has told the media...
11:36
US lawmakers request classified briefing on Turkey’s ties to Hamas
More than three dozen Democratic and Republican lawmakers are calling on the Biden administration to offer a classified briefing on...
11:15
Armenia's Mushegh Mkrtchyan wins bronze at World Military Wrestling Championships
Armenian serviceman Mushegh Mkrtchyan (92 kg) has clinched a bronze medal at the 37th CISM World Military Wrestling Championships in Yerevan,...
11:00
Switzerland bans exports to Polish firm after Swiss-made ammunition ends up in Ukraine
The Swiss government said Friday it is barring exports to a Polish military hardware supplier after concluding that some 645,000 rounds of...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}