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The Need for a Development Bank for the Emerging United States of Eurasia

share-iconSunday, January 05 comment-icon2 weeks ago 8 views
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The Need for a Development Bank for the Emerging United States of Eurasia

Credited from: SCMP

  • **Eurasia comprises 93 nations** that differ in culture and language, but efforts are underway to improve connectivity across the region.
  • The emergence of a **United States of Eurasia** poses significant economic and political implications, particularly in relation to U.S. interests.
  • The **Asian Infrastructure Investment Bank (AIIB)** was established to support infrastructure projects but has maintained a distance from the Belt and Road Initiative.
  • **Jin Liqun**, president of the AIIB, has indicated that support for the Belt and Road Initiative may increase following his term ending in 2026.
  • As ties between **China and the UK** improve, discussions about establishing an AIIB office in London could bolster funding opportunities.

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