Belt and Road Initiative in Central Asia and the Caucasus

Belt and Road Initiative (BRI) infrastructure projects are expected to cut trade costs and enhance foreign investment in Central Asia and South Caucasus countries.A key issue for countries is how to maximize BRI benefits and minimize risks of unsustainable debt, and environmental and social costs.Analysis of BRI projects is difficult because no comprehensive dataset exists with project costs, financing terms, and other conditions.

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The World Bank