CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following country become the first country in the Baltic Sea area to sign a Memorandum of Understanding to link up with China’s One Belt and One Road (OBOR) Initiative.
A
Lithuania
B
Poland
C
Latvia
D
Estonia
Explanation: 

Detailed explanation-1: -Latvia became on Nov 4 the first country in the Baltic Sea area to sign a memorandum of understanding to link up with China’s Belt and Road Initiative, during the visit by Premier Li Keqiang to the country.

Detailed explanation-2: -Together, these came to form the Belt and Road Initiative (BRI), still known officially in Chinese as “One Belt, One Road, ” which quickly became Xi’s signature foreign policy undertaking.

Detailed explanation-3: -The ‘One Belt, One Road’ (OBOR) initiative is a Chinese economic and strategic agenda by which the two ends of Eurasia, as well as Africa and Oceania, are being more closely tied along two routes–one overland and one maritime.

Detailed explanation-4: -It has been compared to the American Marshall Plan. As of January 2023, 151 countries were listed as having signed up to the BRI. Xi originally announced the strategy as the “Silk Road Economic Belt” during an official visit to Kazakhstan in September 2013.

There is 1 question to complete.