|BRI (Belt and Road Initiative);
|Enhance connectivity and economic integration between Asia, the Arabian Gulf, and Europe. Stimulate economic growth and incentivize investments in the region.
|Establish a global trade and infrastructure network, fostering economic cooperation, and development across participating countries.
|Significant but smaller in scale compared to BRI.
|Massive in scale, involving cooperation with over 150 countries, galvanizing nearly $1 trillion in investments, and thousands of projects.
|Saudi Arabia, European Union, India, the UAE, France, Germany, Italy, and the US, among others.
|More than 150 countries and over 30 international organizations, including Italy, Saudi Arabia, and the UAE.
|Under development; details to be finalized.
|Ongoing with extensive financial packages and cooperation agreements in place.
|Passes through countries like Jordan and Israel, which may present geopolitical challenges.
|Faces geopolitical considerations and diplomatic challenges in coordinating with various nations.
|Still in the planning phase, with MoU signatories expected to meet in two months to finalize details.
|In its 10th year with numerous projects underway, but not without challenges related to coordination, financing, and geopolitics.
|Establishing a firm plan for the corridor, coordinating railway lines, roads, and port connectivity across multiple countries.
|Coordinating with diverse countries, managing financial arrangements, addressing geopolitical issues, and diplomatic considerations.
|Controversies and Concerns
|No specific controversies mentioned yet.
|Faces concerns related to debt traps for participating countries, as experienced by some nations, including Sri Lanka.