Development and Urbanization
This proposal deals with Belt and Road Initiative and the importance of international arbitration and mediation to be more global. Since 2013, President Xi Jinping is the architect of this project. History and geopolitics constitute the basis of this study. Five elements to secure the future of the Belt and Road Initiative are: Finance, society, economy, infrastructure and legal international framework.
The initial name was “One Belt, One Road”. Later in 2017, the name became Belt and Road Initiative in English. It is linked the ancient Silk Road.
The Belt and Road Initiative already registered some eighty states which joined the project. Three continents welcome BRI: Asia, Africa and South America. India is not part of the Belt and Road Initiative, but always quoted as a part of it by China. Kazakhstan, an International Gate of the BRI, is a close neighbour country. Xinjiang is essential.
To secure the future of the Belt and Road Initiative Shenzhen, Xi’an and Shanghai Courts of International Arbitration and Hong Kong Special Administrative Region of China are essential. So arbitration and mediation are the future of OBOR. The Political Bureau of the Central Committee of China and the Supreme Court of the People's Republic of China in Beijing may consider to prepare a formal link to initialize international arbitration and mediation along the BRI.