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Belt and Road Initiative: Opportunities and Challenges for Mongolia

Published online by Cambridge University Press:  14 March 2025

Yelif Ulagpan
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Abstract

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In 2013, Chinese President Xi Jinping put forward the One Belt and One Road Initiative, commonly known as the Belt and Road Initiative. The initiative proposed ‘peaceful development’ and ‘economic cooperation’ connecting Asia, Europe and Africa. Within this framework, the establishment of the ‘China-Mongolia-Russia Economic Corridor (CMREC)‘ is envisaged as a promising step toward regional connectivity and economic development in Eurasia through the territory of Mongolia. This article analyzes the BRI projects to identify opportunities and challenges to creating the Corridor in Mongolia. The data draw on both primary and secondary sources.

Keywords

Belt and Road Initiative (BRI)CMRECMongoliaEurasia
Type
Research Article
Information
Asia-Pacific Journal , Volume 19 , Issue 3 , February 2021 , e3
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
Copyright © The Authors 2021

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