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GENEVA MEETING PLEDGES MAJOR PROGRESS ON REVITALIZING SILK ROAD

A UN-sponsored meeting of 19 Asian and European countries has pledged to prioritize infrastructure projects worth $43 billion to revitalize the ancient Silk Road joining the two continents. The Silk Road developed some two millennia ago as a network of trade routes traversing the landlocked countries of Central Asia from China to Europe. Now the goal is to upgrade what was once little more than a camel path to a modern infrastructure complex incorporating surfaced roads, efficient railways and waterways, and standardized customs-clearance procedures. The meeting brought together 19 countries, including Russia, China, Iran, the Central Asian republics, Bulgaria, Moldova, and Turkey. The sponsoring United Nations agencies were the UN Economic and Social Commission for Asia and the Pacific (ESCAP) and the UN Economic Commission for Europe (UNECE).

February 20, 2008 | Permalink

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