Back to Search Start Over

Strategic alliance: The contribution of the "Belt and Road Initiative" to easing trade restrictions for Afghanistan.

Authors :
Guiliang Tian
Zaki, Zakirullah
Haihua Ying
Source :
International Journal of Research in Business & Social Science; Oct2024, Vol. 13 Issue 7, p326-342, 17p
Publication Year :
2024

Abstract

Afghanistan and most developing, landlocked countries must prioritize regional diplomacy and make strategic alliances to eliminate economic difficulties and create opportunities for trade, partnerships, and markets to encourage further integration. This research aims to identify workable value chains for integration under the Belt and Road Initiative (BRI) and evaluate their suitability by considering their potential volume. This research investigates how BRI decreases trade restrictions and increases connectivity through quantitative techniques and a survey research approach. The research results demonstrate that BRI can majorly impact Afghanistan's economic situation, particularly with trade volume, trade restrictions, diplomacy, negotiations, and implementation of such kinds of projects. The Initiative has the potential to significantly reduce trade restrictions, and challenges, and enhance trade connectivity by utilizing significant infrastructure investments and investment in Afghanistan. However, security risks and political concerns prevent the BRI from achieving maximum connectivity in this country. This study contributes to thoughtful strategic alliances such as BRI, which can facilitate Afghanistan's trade connectivity, sustainable development, and economic integration by giving stakeholders and policymakers useful data to accomplish opportunities and know obstacles. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
21474478
Volume :
13
Issue :
7
Database :
Complementary Index
Journal :
International Journal of Research in Business & Social Science
Publication Type :
Academic Journal
Accession number :
181551559
Full Text :
https://doi.org/10.20525/ijrbs.v13i7.3658