Belt and Road Initiative (BRI)

Indian Prime Minister Narendra Modi, right, talks with Iranian President Hassan Rouhani, as they arrive for their delegation level meeting in New Delhi, India, Saturday, Feb. 17, 2018. Rouhani, who is on three days state visit to India has strongly criticized the Trump administration's recognition of Jerusalem as Israel's capital …

India Remains Committed to Developing Iran Port Despite U.S. Sanctions

India expressed its ongoing commitment to the development of the Chabahar port in Iran this week, a project expected to uplift the Iranian economy as the Trump administration reimposes sanctions on Tehran as well as countries and entities that engage in business with the Islamic Republic.

BEIJING, Sept. 1, 2015-- Chinese President Xi Jinping, right, meets with Venezuelan President Nicolas Maduro in Beijing, capital of China, Sept. 1, 2015. (Xinhua/Li Xueren via Getty Images)

Maduro: China Agreed to Help Venezuela for One Million Barrels of Oil

Venezuelan dictator Nicolás Maduro told the nation in a televised press conference Tuesday that the funds he secured from the Communist Party of China during a visit to Beijing last week were not economic aid – Venezuela will pay for that money with at least one million barrels of oil.

Pakistan labourers arrange a welcome billboard featuring the Chinese and Pakistani national flags ahead of the forthcoming visit by Chinese President Xi Jinping in Islamabad on April 18, 2015. Pakistan needs a 'huge amount of financing' for infrastructure and energy projects and China is ready to announce help when President …

Chinese ‘Belt and Road’ Loans Cause Debt Crisis in Pakistan

The Wall Street Journal reported on Sunday that Pakistan is facing a debt crisis due to the enormous loans it has taken out for the Orange Line, an elevated railway in Lahore that is only the first installment in China’s $62 billion plan to bring its “Belt and Road” infrastructure initiative to Pakistan.