1. Introduction to the Belt & Road Initiative
China European Arbitration Center (CEAC) seminar on BRI in Hamburg 13 September 2018
Bart Kasteleijn, Wintertaling lawyers, Amsterdam
Bart Kasteleijn - BRI Seminar CEAC september 2018

2. Bart Kasteleijn - BRI Seminar CEAC - 13 september 2018
Main features
2013: PRC President Xi Jinping launched The Silk road economic belt and the 21st- century Maritime Silkroad or One Belt One Road (OBOR) later rebaptized: Belt & Road Initiative BRI): an economic strategy connecting the two ends of Eurasia along two routes–one by sea and six by rail, road, powergrid, IT and infrastructural corridors overland
2017: Jyrki Katainen, Vice Pres EU Commission redefined the goal: improving connectivity by infrastructural investment agreements in Euarasia, ensuring reciprocity in market access conditions for traders & investors,
by lowering non-tariff barriers, simplifying clearance & quarantine processes, transparency of technical measures and freer flow of labour
Character: bilateral agreements PRC- 90 countries (2018), not one treaty
1.900 projects (2018)
Impact on 4,9 billion people, forming 65% of global GDP.
Bart Kasteleijn - BRI Seminar CEAC september 2018

3. Bart Kasteleijn - BRI Seminar CEAC - 13 september 2018
Source:
Bart Kasteleijn - BRI Seminar CEAC september 2018

4. CN FDI and Contracting in BRI countries 2015 – 2018 (6) based on Mofcom, PRC:
CN Investment and Contracting with Countries along the BRI (2015 – )
Year
CN Foreign Direct Investment
CN Contracting Projects
Number of Countries
Amount of Investment
(US Billion)
Number of Projects
Amount of Contracts 55
7.68
1922
47.79
2017 59
14.36
7217
144.32
2016 53
14.53
8518
126.03
2015 49
14.82
3987
92.64
Source: Wintertaling lawyers , Amsterdam
Bart Kasteleijn - BRI Seminar CEAC september 2018

5. Bart Kasteleijn - BRI Seminar CEAC - 13 september 2018
Funding BRI (per 2017)
Source:
Bart Kasteleijn - BRI Seminar CEAC september 2018

6. Bart Kasteleijn - BRI Seminar CEAC - 13 september 2018
Summary
CN driving force behind BRI, EU junior
CN private investment in BRI >> EU
but equal funding by CN and EU private& policy banks/funds
Next 5 years expected BRI investment CN plus 350 bil US$
Number of countries stabilized
Definition of corridors and routes variable
BRI major impact on global economy
but due to diversity of economies and political systems, creating a single economic BRI block is long haul.
Bart Kasteleijn - BRI Seminar CEAC september 2018

7. Thank you ! bart.kasteleijn@wintertaling.nl Antonio Vivaldistraat 66
1083 HP Amsterdam
The Netherlands