TURKEY NEEDS TO PLAY SMART IN RESPONDING TO BELT-AND-ROAD OPPORTUNITIES AND RISKS
January 1st, 2019
China’s Belt and Road Initiative (BRI) has been touted by Beijing as a ‘win-win’ for all actors involved in the sprawling infrastructure project that connects the Far East with Europe – but it could be a double-edged sword for Turkey’s textile and garment sector, warn experts. Turkey’s geopolitical positioning at the cross roads of east and west means the country will play a key role in trade routes and infrastructure promoted by BRI spending, but it could open Turkey to unwelcome competition, as well as aiding its export flows. Projects with Chinese ...
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