Yaroslav Lissovolik, former Duetsche Bank and IMF official, at the essential Valdai Discussion Club, which he directs, proposed a horizontal format to coordinate trade and infrastructure integration: namely, an “R20” – as in Regional 20 – that “would bring together the largest regional heavyweights in the world economy represented by 10 regional blocks.”
This “connectivity track” within the R20 format, as Lissovolik describes it, might become the essential platform interlocking many current infrastructure projects, from the vastly ambitious – and well funded – Chinese-led New Silk Roads, or Belt and Road Initiative (BRI) to the still quite vague Asia-Africa Growth Corridor (AAGC), driven by Japan and India.
Read more on https://www.mintpressnews.com/trumps-trade-war-with-china-may-have-paved-the-way-for-a-post-g20-worl...
