African Union Deepening Relationship With Huawei

Africa should not be beholden to US anti-China policy from President Trump’s administration. China and Africa have formed a closed relationship, collaborating to build vitally necessary infrastructure projects that the US and the West have refused to build over many decades. African nations have the right to have the most advanced technologies to realize their full economic potential on a continent rich with people and resources.

 

Huawei’s vice-president for the Northern African region Philippe Wang (on the left) and the deputy chair of the African Union, H.E. Kwesi Quartey

June 2, 2019

Huawei announced on May 31 that they had signed a three-year MOU to “improve the technical expertise of the African Union (AU) and to cooperate on key issues related to information and communication technologies,” according to Quartz Africa. Huawei and the AU will partner to strengthen sectors including the internet, cloud computing, broadband, 5G networks, artificial intelligence, and cyber-security, while also providing training for young people.

Since an MOU signed in 2015, people from across the AU have been hosted on tours to Huawei training centers in China.    While the China-bashers in the U.S. are warning countries against Huawei spying on people, China is “trying to improve its competitive advantage in the continent,” Quartz Africa reports.

“The company is already one of the biggest phone brands operating in Africa, coming just behind China’s Transsion and South Korea’s Samsung in the smartphone space. Since starting its operations in Kenya in 1998, it has used a blend of pricing, customer service, brand awareness, and a vision to bridge the digital divide to penetrate the African market. Huawei has also reportedly built about 70% of Africa’s 4G networks, vastly outpacing competitors in the demand not just for internet but for improved and faster connectivity.”

“Huawei’s deal with the AU could also be seen in the context of trying to improve its competitive advantage in the continent. The company is already one of the biggest phone brands operating in Africa, coming just behind China’s Transsion and South Korea’s Samsung in the smartphone space. Since starting its operations in Kenya in 1998, it has used a blend of pricing, customer service, brand awareness, and a vision to bridge the digital divide to penetrate the African market.

“Huawei has also reportedly built about 70% of Africa’s 4G networks, vastly outpacing competitors in the demand not just for internet but for improved and faster connectivity.

“Under this agreement, we are pleased to consolidate our existing partnership with Huawei, a leading group in the fields of innovation and technological research,” Thomas Kwesi Quartey, the deputy chairperson of the AU said. “It is essential that we work closely with our partners to meet the digital transformation challenges of Africa.”

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Organization of Islamic Cooperation Supports Transaqua Inter-Basin Water Project for Lake Chad Basin

President Muhammadu Buhari at the 14Th Islamic Summit in Makkah Saudi Arabia
President Muhammadu Buhari at the 14Th Islamic Summit in Makkah Saudi Arabia

June 3, 2019

At its 14th tri-annual conference in Mecca, Saudi Arabia, over the weekend, the Organization of Islamic Cooperation (OIC) issued  its support for the Transaqua project for the restoration of Lake Chad. In a speech at the summit, Nigerian President Muhammadu Buhari commended the decision.

The OIC is the second-largest intergovernmental institution in the world, just after the UN, with 57 member states from four continents, representing 1.5 billion Muslims around the world. As a result, it has a much higher percentage of “developing” nations of the world than the UN, and is more attuned to their perspective. Buhari, as President of one of the four states bordering Lake Chad (along with Niger, Chad, and Cameroon), has seen the lake disappear, and the growing devastation and radicalization which resulted, as have the six members states of
the Lake Chad Basin Commission (along with Libya and Central African Republic).

In 2018, the OIC approved $9 billion for development in the region, specifically identifying Boko Haram, saying in their statement, that the security, stability, and development of the Lake Chad region remain priorities for the OIC. At the same conference, they signed an MOU with the Lake Chad Basin Commission to save the lake.

The president, who gave the commendation at the opening of the 14th Summit of the OIC hosted by the Kingdom of Saudi Arabia, noted that the shrinking of Lake Chad to about 10 per cent of its original size had adversely affected over 30 million livelihoods in the sub-region.

“He maintained that the shrinking had cause severe economic deprivation, fueled illegal migration to Europe, the displacement of communities and radicalization of youth, forcing them to join the Boko Haram terrorist group. “In this connection, we welcome the various interventions under the Special Programme for the Development of Africa, the Islamic Solidarity Fund for Development and the recent approved Science and Technology Fund, among others. “We urge them to do more as their contributions towards poverty alleviation and peace building,’’ he added. President Buhari also lauded the OIC for its engagement of the Islamic Development Bank Group in the implementation of national development projects in Africa…”

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Celebrate Africa’s New Free Trade Agreement: Terminate CFA franc

With the initiation of the Africa Continental Free Trade Agreement on May 30, 2019, now is the time for African nations to finally jettison the CFA frank, a relic of French Colonialism. No longer should 14 African nations have their sovereignty infringed upon by a former European colonial country. Economic sovereignty is inviolate. For a nation to develop its full economic potential it must control its currency, which is a from of national credit. One of the great accomplishments of the President’s George Washington’s Secretary of the Treasury, Alexander Hamilton, was his creation of a National Bank, which unified all the currencies and debt held by the thirteen colonies. A nation that does not have sovereign authority over its currency and credit will never be truly free, and its people will suffer from underdevelopment..

Map showing those countries using the CFA franc
It’s used by Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali. Niger, Senegal and Togo in West Africa, and Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon in Central Africa

Read: Africa’s CFA Franc Colonial Relic or Stabilizing Force

US Moon-Mars Space Exploration: Scientific Progress Will Benefit All Humanity & Future Generations

May 23, 2019

Space exploration is in mankind’s nature. Human beings-homo sapiens-sapiens- have been looking up to the stars and discovering new qualities of the physical universe from our earliest existence. A new Moon-Mars program is essential for two reasons. One, it excites our creative imagination, and instills optimism in us. Secondly, all new discoveries of physical principles lead to economic progress. These type of scientific endeavors will provide the knowledge to help us green the vast Sahara Desert, which has plagued Africa since it dried up several thousands of years ago. For these reasons and more, I am an enthusiastic advocate of going back to the Moon and onward to Mars.

(Courtesy of SpaceNews)

NASA Video: Moon Source and `Checkpoint for All that Lies Beyond’

A new video produced by NASA shows the far greater challenge and potential of the “Moon by 2024” mission in comparison to the United States’ manned landings on the Moon a half-century ago. Presenting an array of new rocketry and manned capsules in action and under development, the NASA astronauts and engineers promise, “We’re going to the Moon this time to stay.”

But more, the Moon is the launch pad, the new space coast, and the source of both fuel and supplies for missions to Mars and beyond; mankind will explore the Solar System from the Moon.

“In 2009 we learned that the Moon contains millions of tons of water ice,” the technicians say. “This ice can [make] water, oxygen for breathing, or hydrogen for rocket fuel. The Moon is uniquely suited to prepare us, and propel us to Mars and beyond…. This we can replicate throughout the Solar System.”

No suggestion is made of competition or conflict in space; rather “We go to seek knowledge and understanding, and to share it with all.”

“We return to the Moon now as preparation…as a checkpoint toward all that lies beyond.”

Enjoy watching this short video:

 

 

Nigeria Working to Save Lake Chad. Russia Powering Africa With Nuclear Energy

Proposed Transaqua Navigable Canal to Refurbish Lake Chad in blue

May 20, 2019

Nigerian Water Minister Adamu’s ‘Battle To Reclaim Lake Chad’

May 16, The {Daily Trust} of Nigeria has published an article on the efforts by  Nigeria’s Water Minister Suleiman Adamu for the inter-basin water transfer to reverse the shrinking Lake Chad with Transaqua.

“Perhaps, the most cheering moves by the present administration in the last three years in the water sector is the renewed interest to save the drying Lake Chad,” says the article, reporting that Adamu organized the International Conference on Lake Chad, Feb. 26-28, 2018 in Abuja.

“Experts at the conference, including the United Nation Educational, Scientific and Cultural Organization (UNESCO) agreed with the position of the Federal Government of Nigeria that it was time to find workable solution to recharge the drying Lake, which they said had depleted from its original size.

“One of the workable solutions suggested at the conference was to transfer water from the Congo Basin to the Lake Chad Basin [Transaqua, ed.], which Nigeria’s water minister says is technically feasible based on earlier studies conducted by a Chinese company, PowerChina….”

“Experts agreed that transferring water from Congo Basin down to the Lake Chad is a herculean task that requires huge money and time and thus its impact cannot be felt immediately,” the article says, quoting some engineers who say feasibility studies might take years. This is the view of those who put the cart before the horse, and want to first see whether the color of flamingos will be affected or if rare species of snakes would be threatened, before proving the technical feasibility of the project.

However, as concerns financing, “Hope rises recently, when the United Nations Secretary-General Antonio Guterres agreed to help raise $50 billion for a project to help raise $50 billion for a project to help revive the drought-stricken Lake. President Muhammad Buhari was said to have written to the UN scribe to co-chair the fundraising session with him and his acceptance response was delivered by the President of the African Development Bank, Dr. Akinwumi Adesina in Abuja. With this many believe that if the current efforts to reclaim the lake are sustained or intensified, glory days lie ahead.”

Read entire article

Nigeria’s President Buhari Continues Organizing Support for Transaqua

Nigerian President Muhammadu Buhari won the support from the President of the 73rd session of the United Nations General Assembly (UNGA), Maria Fernanda Espinosa Garcés, for the “inter-basin water transfer” to save Lake Chad, the technical name for the Transaqua project. Meeting Espinosa in Abuja, May 7, Buhari “stressed the role the international community needed to play in the endeavor, since recharging the lake was beyond the financial power of the affected countries,” says a statement issued by Buhari’s spokesman Femi Adesina.

In a separate meeting with Espinosa, Nigerian Foreign Minister Geoffrey Onyeama said: “We are looking to have the support of the UN and your support in particular, to address this challenge. One of the mechanisms we have identified is to recharge the Lake and it is going to be capital intensive efforts and something in the order of $40-$50 billion estimated and clearly, we are going to leverage on the international community because this is a huge resources and we look for your support.”

On her side, the UNGA President Espinosa, a native of Ecuador, said:  “It is a huge thing. And as a geographer, I can tell you. When I look at the map of Lake Chad and that in less than 40 years, this lake went from 24,000 something to 2,000 square kilometers, I have concluded that this is one of the major climate change disasters in this continent.

“So, that is a very touching example of how we need to tackle development and security together.  President Muhammadu Buhari has told us also that  there is no peace and security without development and there is no development without peace,” she said.

President Buhari had described the combined effect of the impoverishment and terrorism in the Lake Chad region. “The condition of internally displaced persons (IDPs) in the country is pathetic. We have at least a million children who neither know their parents nor where they come from.”  Damage to infrastructure, particularly in the Northeast, has been horrendous: “Bridges have been blown up, schools, hospitals, churches, mosques, and other buildings have been destroyed. All these will be rehabilitated, and every form of international help is welcome.”

Russia’s Growing Involvement in Africa’s Nuclear Power Projects

In an article in OilPrice.com today, Vanand Meliksetian, an energy and utilities consultant, points out the growing Russian interest in Africa’s energy development in general, and in establishing nuclear power in Africa in particular.

After showing that energy poverty is a significant problem in Africa in holding back its economic potential, he writes: “Russia’s energy industry, in comparison, is booming. Its state-run nuclear energy company Rosatom has an order book of 34 reactors in 12 countries worth $300 billion. Recently, Moscow has set its eyes on Africa where most states have either already struck a deal with the Kremlin or are considering one.”

The lack of access to a reliable and affordable source of energy is a severe impediment to Africa’s economic development. Also, Africa is urbanizing much faster than the rest of the world. African cities are expanding by 8% every year compared to 2% globally — which puts even more pressure on the existing energy systems.

In view of this development, Russia is keen to offer nuclear power to the African countries by working out deals which would allow them to adopt nuclear power. “The Russian deal is particularly appealing to countries lacking nuclear know how, due to Moscow’s comprehensive offers regarding financing, construction, and operation of the facilities. Currently, Rosatom is experimenting with a contract known as build-own-operate, under which ownership of the plant remains in Russian hands while energy is sold to the host country. This new type of contract is appealing to several African states which lack the means to finance construction.

In Africa, the Belt and Road Is Generally Spurring Socio-EconomicDevelopment

Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor project, also known as Lamu corridor is a transport and infrastructure project in Kenya that, when complete, will be the country’s second transport corridor

May 12, 2019

The Belt and Road strategy of international cooperation already up and running and phenomenally redrawing the global development map. With outlaying economic corridors and tremendous added value it is also putting Africa in the front-line of emerging global economic hubs, wrote Charles Onunaiju, Director Center for China Studies, Utako, Abuja, in his article, “Africa and China’s Belt and Road Strategy,” that appeared in {The Sun} of Nigeria on May 8.

Elaborating the contribution of the Belt and Road Initiative in Africa, Onunaiju wrote: “Since the action plan of the Belt and Road strategy was rolled out, key infrastructure projects have sprung up in Africa taking shape from its concessional funding support and inspirations of facility connectivity. In respect of overland construction, Chinese companies through concessional financial support have built the Addis Ababa-Djibouti Railway in Ethiopia, which is the first electrified railway in Africa, the Mombasa-Nairobi Railway in Kenya, the Abuja-Kaduna Railway in Nigeria, Benguela railway in Angola, and many others, including the Lagos-Ibadan-Kano-Abuja [railroad] under construction.

“With regards to the maritime component of Belt and Road Initiative, Africa features eminently in the key infrastructure projects. So far, Chinese companies have constructed the port of Bagamoyo in Tanzania, the No. 19 berth of the port of Mombasa and three berths of port Lamu, all in Kenya, the New port of Pointe-Noire in the Republic of Congo or Congo Brazzaville, the Lekki Deep Seaport in Nigeria, the Kribi Deep seaport in Cameroon, and the port of Tamatave in Madagascar.

“Under the framework of the Belt and Road strategy of international cooperation, the port of Cherchell in Algeria has been built and is in operation, while the Port of Luanda in Angola is under construction. The distinct feature of each of these ports is that they either have access to major road connections or sit near the sites of industrial parks, thereby having significant impacts on economic development of the coastal areas of Africa.”

Read the entire article below.

Africa and China’s Belt and Road strategy

Belt-Road Initiative and Belt-Road Forum: A New Model of Global Development

May 9, 2019

Belt-Road Initiative is Now Second Largest Trade Bloc

{Global Times} reports today that the BRI has become the second-largest trade bloc in the world, surpassing NAFTA, now second only to the EU. The BRI countries account for 13.4% of world trade, while the EU is about 20%.

In terms of investment, {Global Times} reports, the BRI countries have become the most important destinations for foreign capital inflows in the world, accounting for 31.6 percent of the total in 2017, exceeding the 23-percent share of NAFTA and the 21.2-percent share of the EU.

Chinese President Xi Jinping talks to United Nations Secretary General Antonio Guterres (not pictured) during the bilateral meeting of the Second Belt and Road Forum at the Great Hall of the People on 25 April 2019 in Beijing, China. (Credit: Getty Images/Getty Images News/Andrea Verdelli / Stringer)

Vladimir Yakunin: BRI is “A Future Model of Global Development-in-Solidarity”

Vladimir Yakunin, the former president of Russian Railways and the initiator of the Dialogue of Civilizations (DOC — the Rhodes Conference), has posted an article on the DOC Research Institute website titled: “The Belt and Road Initiative as a new model for global inclusive development and solidarity.”

Yakunin writes that the Second Belt and Road Forum “should be seen to represent significant global development amidst uncertain times.” He reviews the decay of the world economy that led to the 2008 financial crisis, where investments in infrastructure were drastically curtailed, while “the world economy became `financialized;’ i.e., the financial sector increasingly dominated the real sector. This uncontrolled imbalance eventually led to the financial crisis and later to the global systemic crisis.”

The DOC, founded in 2012, took on an effort to develop “a new approach to under-standing the role of infrastructure projects in global development,” which was published as: “Trans-Eurasian Belt Development: RAZVITIE project,” and presented at a specially organized conference in Milan in November 2012.

The developments at the Second Belt and Road Conference this past week, Yakunin writes, “showed an increasingly widespread unders-tanding that economic egotism and arrogance is giving way to rational collectivism and an orientation towards a new type of globalization, based on principles of equality, sovereignty, and mutual development.”

Yakunin notes that some Western officials are worried that the BRI, together with the new financial institutions like the AIIB, the BRICS’s NDB, and the Silk Road Fund, are challenging their “long-time dominant positions,” but notes that “the traditional international development institutions did not provide the necessary weight for developing countries to participate in the global financial system.”

He reviews the huge growth in the BRI, such as the 73% increase in China-Europe freight trains in 2018 over 2017, with 6,363 trips in 2018, connecting 59 Chinese cities and 49 cities in 15 European countries.”

His conclusion: “[T]he key idea of the Belt and Road initiative — equal and mutually beneficial cooperation without imposing any political conditions — clearly contradicts the currently dominant thesis in contemporary world politics. The new approaches could change the very essence of geopolitics and geo-economics by altering the outdated Cold War mentality of the past. Geopolitical theory has always been articulated through a lens of conflict, dividing the world into `us’ and `them’…. “The Belt and Road Initiative could be the source of a future model of global development-in- solidarity. The key here is the inability to return to the concept of a uni-polar or bipolar world, which can be seen today in global trends towards development of a truly multilateral world.”

Excerpts below:

“SEARCHING FOR A NEW PARADIGM OF SOCIO-ECONOMIC DEVELOPMENT”

“Numerous studies conducted after the crisis demonstrated a positive correlation between investment in infrastructure and economic growth. Importantly, it was also shown that infrastructure projects play a positive role in short-term outcomes as well, due to their creation of new jobs and their development of local enterprises, which increase long-term regional development levels.[1] Another conclusion voiced by many prominent economists over the last ten years has been the necessity of developing a new economic model to replace the existing neo-liberal system because neo-liberalism no longer meets requirements. Such statements were difficult to imagine before the crisis, but now seem obvious”

“CHALLENGES ON THE PATH TO IMPLEMENTATION”

“Taking into account the scale of the Belt and Road Initiative and the amount of investment China put into it through the newly founded multilateral financial institutions like the Asian Infrastructure Investment Bank, the New Development Bank, and the Silk Road Fund, it is not surprising that major powers including the European Union and the US are expressing significant concerns.”

Read entire article

 

America’s Mission of Progress is Vitally Needed Today

Below is a political statement by Anton Chaitkin that was distributed at the McClendon Dinner at the National Press Club, Washington DC, on  May 1, 2019. Mr Chaitkin is a colleague of mine, who is also in the process of writing a new book, American Prometheus

I release this brief statement on my website because, I share Mr Chaitin’s  vision for a better America, founded on the profound principles of our Founding Fathers and those statesmen who followed in their footsteps. Today, more than ever, the United States of America needs leadership with a bold vision for the future that will benefit the entire world.

May 5, 2019

Return to America’s Mission of Progress

It has become necessary to speak plainly about the wrong path America has taken. In the half century since the assassinations of our President and other popular leaders, our country has disastrously changed its world strategy and its economic aims.

The United States formerly had the world’s highest standard of living. Our best leaders always fought for progress, towards a truly civilized standard of living for our own people and as the natural right of all mankind.

But we gave up our own productive industries, with their skills and high wages. And we stopped helping poor countries to become advanced, powerful societies. Yet a high standard of living is essential to a truly human life. Poverty and personal degradation are not natural conditions of a modern world.

Our best historic leaders saw war as an enemy. Our industrial and military strength were means to avoid war, not perpetrate it. Out best leaders cherished “peace among ourselves and with all nations.”

But we have come into war, constant and permanent war, breeding more terrorism and excusing more surveillance, brutality and revenge, degrading our society.

These policies came largely without debate, and with little protest. They reflect the interests of an Anglo-American financial establishment, not the reasoned judgement of citizens in a Constitutional republic.

We made progress when the profits of enterprise came from productive investment. That was our national strategy. But a vast gambling system now dominates the financial world, drawing off useful investment. As a result, our infrastructure is ruined, our transportation is decades behind the most advanced countries. Lawless offshore banking shelters fortunes from narcotics and other crimes. This system is kept in place through the financial and political power of those with ill-gotten wealth. It only floats until it sinks through systemic failure.

On our former road to peace and mutual prosperity, we sought cooperation with other nations for great enterprises, the universal spread of electricity and the manned exploration of our solar system. We are now told that those striving for advancement are our enemies, who must be strangled into weakness and forced to behave.

Accepting this nightmarish policy framework has brought our national politics to a dead end. Only a completely new path can now succeed.

America must return to its founding mission of progress.

To this end, we propose these first steps:

Re-enact the Glass Steagall law, to rein in lawless finance and guide banking to safe, productive investment.

Establish a National Infrastructure Bank, to reconstruct our shattered economy on modern lines.

Join with China’s Belt and Road Initiative, to bring modern times to our poor and backward planet.

Work with Russia on our common security and economic interests, to solve terrorism intelligently and prevent mutual extermination.

Reaffirm national sovereignty and cooperation for the common good, the principles which made America great and successful.

Though powerful interests will oppose these steps, only a return to national and global progress can unite our people and restore faith in our country.

We renounce the fear of speaking out.

We pledge ourselves to fight to restore America’s national mission of progress.

Second Belt & Road Forum: Infrastructure is the Bedrock of Development

April 30, 2019

2nd Belt & Road Forum-April 25-27, 2019 (courtesy TheNews.com)

Xi Jinping’s Keynote to Belt and Road Forum Emphasized Goals of the BRI

Chinese President Xi Jinping’s speech to the opening ceremony of the Second Belt and Road Forum on April 26, “Working Together To Deliver a Brighter Future For Belt and Road Cooperation,” broadly laid out the BRF approach and prospects for the future.

“Together, we will create an even brighter future for Beltand Road cooperation…. The joint pursuit of the BRI aims to enhance connectivity and practical cooperation. It is about jointly meeting various challenges and risks confronting mankind and delivering win-win outcomes and common development…. A large number of cooperation projects have been launched, and the decisions of the first BRF have been smoothly implemented. More than 150 countries and international organizations have signed agreements on Belt and Road cooperation with China….
“Infrastructure is the bedrock of connectivity, while the lack of infrastructure has held up the development of many countries. High-quality, sustainable, resilient, affordable, inclusive and accessible infrastructure projects can help countries fully leverage their resource endowment, better integrate into the global supply, industrial and value chains, and realize inter-connected development. To this end, China will continue to work with other parties to build a connectivity network centering on economic corridors such as the New Eurasian Land Bridge….

“Innovation boosts productivity; it makes companies competitive and countries strong…. China will continue to carry out the Belt and Road Science, Technology and Innovation Cooperation Action Plan and Technology Transfer.”

President Xi also used his speech to present a list of a half-dozen major policy steps China has undertaken as part of its Opening Up strategy:
“First, we will expand market access for foreign investment in more areas….
“Second, we will intensify efforts to enhance international cooperation in intellectual property protection….
“Third, we will increase the import of goods and services on an even larger scale. China has a vast potential for increasing
consumption….
“Fourth, we will more effectively engage in international macro-economic policy coordination. A globalized economy calls for global governance. China will strengthen macro policy coordination with other major economies and keep the RMB exchange rate basically stable….
“Fifth, we will work harder to ensure the implementation of opening-up related policies.”

President Xi Jinping Chairs Roundtable at 2nd BRI Forum– ‘Boosting Connectivity for New Sources of Growth’

The concluding day of the 2nd Belt and Road Forum for International Cooperation in Beijing, President Xi Jinping chaired the Roundtable discussion among the 39 guests–37 heads of state plus the leaders of the IMF and United Nations. A joint communiqué has been issued (see separate slug,) and the Chinese Foreign Ministry has also posted a summary of the “Deliverables” from the Forum.

After a day of presentations, as well as sideline bilateral meetings, Xi and his wife Peng Liyuan hosted a welcome banquet for the national leaders. The cordial, but high-level tone of the deliberations April 25-27, was set in Xi’s keynote opening yesterday, when he happily welcomed everyone, “Good morning! As a line of a classical Chinese poem goes, ‘Spring and autumn are lovely seasons in which friends
together to climb up mountains and write poems.’ On this beautiful spring day, it gives me great pleasure to have you with us here at the Second Belt and Road Forum for International Cooperation (BRF).”

Read President Xi’s Key Note address

Second Belt & Road Forum Joint Communiqué States Development Commitments; Lists 35 Specific Economic Corridors–Including “The New Eurasian Land-Bridge”

The 37 national leaders were listed in the very first point of the Communiqué, and the following points identified the role of the “ancient Silk Road” to “the strengthening of the connectivity and the expansion of the world economy in the spirit of promoting peace and cooperation, openness, inclusiveness, equality, mutual learning and mutual benefit” and the role for today’s “Belt and Road cooperation” to do the same thing for the future. The remaining points were grouped under these headings: “Strengthening Development Policy Synergy”; and “Boosting
Infrastructure Connectivity”; and “Promoting Sustainable Development”; and “Strengthening Practical Cooperation”; and “Advancing People-to-People Exchanges”; concluding with, “Way Forward,” which stated, “We envisage the Belt and Road Forum on regular basis with possible follow-up events…[looking forward] to the 3rd Forum.”

Here is the full list of “Economic corridors” identified in the Communiqué:

(1) Addis Ababa-Djibouti economic corridor, including the
development of industrial parks along the economic corridor
(2) Agua Negra Pass International Tunnel
(3) Baku-Tbilisi-Kars new railway line and Alyat free
economic zone in Baku
(4) Brunei-Guangxi economic corridor
(5) China-Central Asia-West Asia economic corridor
(6) China-Europe Land-Sea Express Line
(7) China-Indochina Peninsula economic corridor, including
Laos-China economic corridor
(8) China-Kyrgyzstan-Uzbekistan International Highway
(9) China-Laos-Thailand Railway Cooperation
(10) China-Malaysia Qinzhou Industrial Park
(11) China-Mongolia-Russia economic corridor
(12) China-Myanmar economic corridor
(13) China-Pakistan economic corridor
(14) Eastern Economic Corridor in Thailand
(15) Economic corridor in Greater Mekong Subregion
(16) the EU Trans-European Transport Networks
(17) Europe-Caucasus-Asia International Transport corridor
and Trans-Caspian International Transport Route
(18) the Industrial Park “Great Stone”
(19) International North-South Transport Corridor (INSTC)
(20) the Lake Victoria-Mediterranean Sea Navigation
Line-Linkage Project (VICMED)
(21) the Lamu Port-South Sudan-Ethiopia Transport corridor
(22) Malaysia-China Kuantan Industrial Park
(23) the Nepal-China Trans-Himalayan Multi-dimensional
Connectivity Network, including Nepal-China cross-border railway
(24) New Eurasian Land Bridge
(25) the New International Land-Sea Trade Corridor of the
China- Singapore (Chongqing) Demonstration Initiative on
Strategic Connectivity
(26) Northern Corridor Trade Route in Africa linking the
maritime port of Mombasa to countries of the Great Lakes region
of Africa and Trans-Africa Highway
(27) North-South Passage Cairo-Capetown Pass-way
(28) the Port of Piraeus
(29) Port Sudan-Ethiopia Railway Connectivity
(30) Regional Comprehensive economic corridors in Indonesia
(31) the Suez Canal Economic Zone
(32) Transcontinental shipment of cargo using the capacities
of the Northern Sea Route
(33) Transoceanic fiber optic cable
(34) “Two Corridors and One Belt” Framework
(35) Uzbekistan-Tajikistan-China International Highway

Read entire communique of Belt-Road Forum

Belt and Road Is Unstoppable: `Critics’ Are Strong Supporters

The extraordinary attendance of governments, heads of state and government, and thousands of businesses at the Second Belt and Road Forum, comparing with the largest international meetings in history, was already proof that the Belt and Road Initiative (BRI) has expanded greatly since the first BRF in 2017 and is now  an unstoppable new paradigm of economy. After the Second BRF, certain myths of “backfire” and “criticism” in Asia also fell away.

Malaysian Prime Minister Mahathir Mohamed gave interviews in which he expressed full confidence in the BRI and surprise at its scope. Speaking to Bernama News Agency April 28, he said: “We feel that the [One Belt, One Road] OBOR initiative is not a domination plan by China, which would end up being controlled by China. Instead, it is a policy developed by all the countries, and not only focused on China. Previously … including the Trans-Pacific Partnership, developed countries made the proposals and asked us to accept them. This is not like that; the forum attendees are from small countries and they are sitting with China…They sit together at the same level, and talk about how to develop infrastructure projects.”

In an interview with China’s TV network CGTN, Dr. Mahathir said he had thought the Belt and Road was an infrastructure project for Asia.

“Now it is quite clear that it is, practially, a worldwide project …to improve connectivity and infrastructure development all over the world…I’m very glad I’m here, because now I understand better the character of the project. China has a lot of new technologies, and we need these new technologies.” He forecast large-scale Chinese investment and exports into Malaysia.

Indonesia’s investment minister, Harvard graduate Tom Lembong, who had been critical of China’s rail investments, told {South China Morning Post} that Indonesia has “found China’s openness to its feedback on improving the Belt and Road Initiative highly encouraging…. I believe in the next 5 to 10 years, BRI will stimulate additional investment in probably tens of billions of dollars [in Indonesia],” Lembong said.

In Europe, Italy and Austria are joining Portugal in planning issuance of “Panda Bonds” — infrastructure bonds issued by other countries in yuan, to be issued into China’s bond market. Even Germany Economics Minister Peter Altmaier found the Beijing forum “better than expected,” and is headed back with a Mittelstand delegation.

$50 Billion to Recharge Lake Chad; Pres Trump Should be at China’s Belt-Road Forum

April 25, 2019

Nigerian President, Muhammadu Buhari-left and UN General Secretary  Antonio Guterres-right  (courtesy LEADERSHIP)

UN Promises To Help Raise $50 Billion for Lake Chad Water Transfer

Nigerian President Muhammadu Buhari enrolled UN Secretary-General Antonio Guterres in the effort to raise the $50 billion needed to finance the construction of the Transaqua project to refill Lake Chad, Nigerian media report. That figure was proposed at the International Conference on Lake Chad in February 2018. Here is one such report from the Nigerian daily {Leadership}. Transaqua is an “inter-basin water transfer” project that I have advocated for over 20 years and discussed with President Buhari shortly after he was elected in March 2015. True to his word, President Buhari has remained committed to this inter-basin water transfer project, which would transform the living conditions for over 30 million Africans trying to survive in Lake chad Basin.

“There is a glimmer of hope for the revival of the shrinking Lake Chad after the United Nations yesterday agreed to help in efforts to raise $50 billion for its recharge.” President Muhammadu Buhari revealed yesterday that  UN Secretary-General, Antonio Guterres, had accepted to co-chair a special fundraising session to raise $50 billion (or £38.65 billion) for a project to help revive the drought stricken Lake Chad.”

{Leadership} reports that President Buhari had written to the UN scribe to co-chair the fundraising session with him, which the UN chief accepted. The response of the UN Secretary-General was presented to President Buhari by Dr. Akinwumi Adesina, president of the African Development Bank-(AfDB), at the State House, Abuja yesterday.

In a statement by his press spokes person, Garba Shehu, Buhari  said such a special forum was necessary in view of the size of capital required for the project, which was unavailable to the Lake Chad Basin countries. “President Muhammadu Buhari has welcomed the acceptance of the United Nations Secretary-General, Antonio Guterres to co-chair a Special Session to raise $50 billion to fund the inter-basin water transfer from Central Africa to revive Lake Chad,” Buhari said in the statement.

{Leadership} reports that the Lake, which borders Nigeria, Niger, Chad and Cameroon, has lost 90% of its size due mainly to climate change, leading to fear of famine and throwing the economic life of the 30 million population around it into jeopardy. The shrinking Lake is part of the reason why insurgency and terrorist activities thrive in the region, with militant groups including Islamic State in West Africa (ISWA) and Boko Haram having their strongholds there….”

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China Ambassador: `Why U.S. Shouldn’t Sit Out the Belt and Road’

Under the headline above, China’s Ambassador in Washington Cui Tiankai wrote a column in {Fortune} magazine on the eve of the Second Belt and Road Forum in Beijing. “Don’t miss all the winning” involved in the Belt and Road, Cui admonishes, perhaps referring to one of President Donald Trump’s favorite phrases.

The ambassador starts with a very direct challenge: “Imagine the potential of China and the United States, the world’s two largest, most vibrant economies, collaborating on the most ambitious development project in history. The scenario is no fantasy: China’s Belt and Road Initiative (BRI), which kicked off almost six years ago, will eventually connect a vast swath of the world, creating huge yields in economic activity, and wiring the world together as never before. However, the United States remains on the sidelines, and this has implications not only in terms of missed opportunities for growth in the U.S., but for the cause of global development, which needs the ingenuity of US industry.”

Cui gives many arguments for the BRI which reflect those of Xi Jinping. He cites total benefits to the 126 countries now in relationship to it: $6 trillion in total trade, $80 billion in direct investment by China; 300,000 new “local jobs” in those countries; Kazakhstan’s first-ever access to the Pacific Ocean; 6,000 new jobs in Europe’s largest inland port, Duisburg; Kenya’s beginning of economic development and industrial-ization; and so on, with citations from national leaders.

“So where is the U.S. amid all of this winning?” he concludes. “There are countless opportunities to U.S. corporations available through BRI projects. Honeywell International is already working with partners to further oil and gas development along the Belt and Road. General Electric has signed a number of deals with partners of the BRI which will help to provide reliable power and energy to critical regions throughout the world. Caterpillar is working with China’s initiative to help solve Pakistan’s severe power shortages. Meanwhile, Citibank is actively providing financing for projects through the markets along the Belt and Road. We certainly welcome more taking part…. My suggestion is that the U.S. embrace this opportunity.”