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China Belt and Road Initiative Journal: Research Analysis and Perspectives

ISSN 2515-9402

EISSN 2515-9410

The International Risk and Cooperative Space Expansion of the Belt and Road Initiative -the Example of Sri Lanka

 

Volume 2, Issue 3, July 2019

Abstract:

Sri Lanka, because of its unique geographical location, is a small but very important country for the Belt and Road Initiative. The authors visited the government department of Sri Lanka, enterprises, think tanks and other institutions, trying to find out the risk and cooperative space of Sri Lanka to participate in the construction of the “21st-Century Maritime Silk Road”. The project of Colombo Port City is a typical case, which witnessed the friendly cooperation of two countries, experienced cooperation suspended during government change, and ultimately met the satisfactory movement forward. The project exhibited the risks of BRI typically, but the restart also means that there exists huge space for cooperation. From a wider view, the construction of the 21st-Century Maritime Silk Road in South Asia may offer similar space and risks.

Content :

I. Introduction

2. Sri Lanka and the list-Century Maritime Silk Road

3. Dynamics of the Sri Lankan Economy and Potential Macroeconomic Risks

4. Sri Lanka's Diplomatic Balancing Strategy

5. The Negotiation of Sino- Sri Lanka FTA

6. Behind the Interruption of the Colombo Port City Project

7. Conclusions