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BELT AND ROAD INITIATIVE
CHAMBER OF COMMERCE AND INDUSTRY
 
 
 
WELCOME
 
 

Unveiled in 2013, 'Belt and Road' is an initiative that aims to enhance regional and cross-continental trade cooperation among Asia, Africa, Middle East, Europe, Oceania, South America and Caribbean.

 

Belt and Road's success is attributed to the development of a more accessible land and maritime networks, connecting countries between China and Europe.

 
 

This project includes more than 60 countries, which represents 1/3 of the global economy and more that 50% of the world's population. Together, the project constitutes a total worth of about US$21 trillion.

'Belt' refers to Silk Road Economic Belt while 'Road' refers to the Maritime Silk Road. The Belt and Road initiative encompasses 5 major areas of interest:

 
Belt and Road 5 Initiative
 
 
People-to-People Connections
 
People-to-People Connections

We connect people through Belt and Road Social Network, which is specially set up to increase business opportunities and cooperation between countries along Belt and Road.

 

We arrange meetings and events to maximise business opportunities and increase understanding of the vast advantages of Belt and Road.

 

We need to uphold the essence of friendly ties intended by Belt and Road by advocating extensive cultural and academic exchanges, media cooperation, personnel exchanges and cooperation, volunteer services, and youth and women exchanges, so as to win public support for strengthening bilateral and multilateral cooperation.

 

We should preserve one another's culture by holding arts, films and book festivals in each other's countries; work together on the production and translation of films, radio and TV programmes; and jointly apply for and protect World Cultural Heritage sites.

 

We should advocate jointly run schools and support students' exchange at each other's countries. Each year, China gives out 10,000 government scholarships and increases personnel exchanges between countries along Belt and Road.

 

We should work together to develop the tourism industry, by holding tourism promotion weeks and publicity months in each other's countries, creating better international tourist routes and products with Silk Road and Maritime Silk Road features together, making application process for tourist visa easier in countries along Belt and Road and foster greater cooperation on the 21st Century Maritime Silk Road cruise tourism programme.

 

We should implement sports exchanges and support countries along Belt and Road in their bid for hosting major international sports events.

 
 

Belt and Road country should enhance cooperation with neighbouring countries on sharing of epidemic information, exchanging treatment and preventive technologies, training of medical professionals and improving our ability to jointly address public health emergencies.

 

China will supply medical assistance and emergency medical aid to countries who need them, and carry out practical collaboration in maternal and children healthcare, disability rehabilitation, and major infectious diseases such as AIDS, malaria and tuberculosis. China will also increase collaboration in the field of traditional medicine.

 

Belt and Road countries should work closer together in the area of science and technology by instituting joint research centers, international technology transfer centers and maritime cooperation centers, collaborate to solve key sci-tech problems, advocate sci-tech personnel exchanges, and cooperate to improve sci-tech innovation capability.

 

We should utilise existing resources to increase practical cooperation between countries along Belt and Road regarding youth employment, vocational skill development, entrepreneurship training, social security management, public administration and management and in other shared areas of interest.

 
 

Belt and Road should uphold its role of bridging communications between political parties and parliaments, and encourage friendly exchanges between legislative bodies, major political parties and political organisations of countries along Belt and Road.

 

Governments should perform frequent exchanges and practical cooperation among cities, particularly cultural and people-to-people exchanges, and create more lively examples of cooperation.

 

We encourage the think tanks in the countries along Belt and Road to mutually hold forums and conduct research.

 

We should step up exchanges and collaboration between NGOs of countries along Belt and Road, set up public interest activities regarding education, healthcare, poverty reduction, biodiversity and ecological protection for the good of the general public, and enhance the living conditions of poverty-stricken areas along Belt and Road.

 

We should improve cooperation on international culture and media, and augment the advantages of Internet and new media tools to foster harmonious and friendly cultural environment and public opinion.

 

We support regional operations and management of Belt and Road companies to drive local economic growth, improve local standard of living, increase local employment and take social responsibilities in preserving local biodiversity and eco-environment.

 

We should strengthen efforts in developing modern service trade by boosting innovations in our modes of trade, and building cross-border e-commerce and other contemporary business models. We should also set up a trade support system that consolidates and expand conventional trade.

 
Policy Coordination
 
Policy Coordination

Improving policy coordination is an essential guarantee from the implementation of the Initiative.

 

Belt and Road countries should push for intergovernmental collaboration, develop a multi-level intergovernmental macro policy exchange and communication mechanism, broaden common interests, improve mutual political trust and reach new cooperation agreement.

 

Countries along Belt and Road may fully coordinate their economic development strategies and policies, formulate plans and measures for regional collaboration, negotiate to tackle cooperation-related problems and mutually provide policy support for the implementation of practical efforts and large scale projects.

 
Financial Integration
 
Financial Integration

It is estimated that Asia needs US$8tn to finance infrastructure construction for the 10 years leading to 2020. China is aware that its development and Asia's are intertwined and therefore is investing in its future by responding to its neighbours' large infrastructure needs via Belt and Road.

 

Belt and Road's broad outreach has raised China to a high-profile status given its huge financial resources.

3 financial institutions have been established to support its development: -

 

 
Silk Road Infrastructure Fund

Started in February 2014, the China-initiated US$40bn Silk Road Infrastructure Fund invests in Belt and Road infrastructure projects. The fund is capitalized mainly by China's foreign exchange reserves and is intended to be managed like China's sovereign wealth fund. Jin Qi, who serves as the assistant to the PBOC governor, will be the fund's chief executive.

 

 
Asian Infra Investment Bank

Established in October 2014, the AIIB aims to be a global development bank with 21 Asian countries members. (China, India, Thailand, Malaysia, Singapore, the Philippines, Pakistan, Bangladesh, Brunei, Cambodia, Kazakhstan, Kuwait, Laos, Myanmar, Mongolia, Nepal, Oman, Qatar, Sri Lanka, Uzbekistan and Vietnam), with US$100bn registered capital.

 

 
New Development Bank

Established on 15 July 2014 by Brazil, Russia, India, China and South Africa, NDB is a BRICS multilateral development bank. The bank was seeded with US$50bn initial capital, with intention to double it to US$100bn. The bank's headquarter will be located in Shanghai. Each country will have one vote and none will be granted veto power.

 
 
 
Silk Road Infrastructure Fund
 
Asian Infra Investment Bank
 
New Development Bank
 
Infrastructure Connectivity
 
Infrastructure Connectivity

Facilities connectivity is one of the top areas to be implemented in Belt and Road. Countries along Belt and Road should enhance connectivity of their infrastructure construction plans and technical standard systems, together initiate the building of international passageways and form an infrastructural network that connects all sub-regions in Asia, Europe and Africa, but still respecting each other's sovereignty and security concerns. Concurrently, we must take into account the impact of construction on climate change, taking efforts to promote green and low-carbon infrastructure construction and operation management.

 
 

Regarding transport infrastructure construction, we should pay greater attention to the key passageways, junctions and projects, and prioritise the linking of unconnected road sections, removing transport bottlenecks and improving road safety and traffic management facilities, thus improving road connectivity.

 

China should develop a unified coordination mechanism for all transportations, increasing connectivity of customs clearance, reloading and multimodal transport between countries, and step-by-step, formulate standard transport rules so as to enhance international transport facilitation.

 

Belt and Road countries should seek to improve port infrastructures by building smooth land-water transportation channels, increase the number of sea routes and voyages, and improve IT cooperation in maritime logistics.


Governments should develop platforms and mechanisms to encourage and ease civil aviation cooperation.

 
 

Belt and Road countries should work together in connecting the energy infrastructures, ensuring the security of oil and gas pipelines and other transport routes, building cross-border power supply networks and power-transmission routes, and collaborating in regional power grid upgrading and transformation.

 
 

Belt and Road countries should work on the construction of cross-border optical cables and other communications trunk line networks; improve international communications connectivity together, thus creating an Information Silk Road. Belt and Road countries should speed up the building of bilateral optical cable networks, plan transcontinental submarine optical cable projects, and enhance satellite information pathway to leverage information exchanges and cooperation.

 

 
Unimpeded Trade
 
Unimpeded Trade

China intends to negotiate free-trade agreements with 65 countries along Belt and Road. Currently, China has signed 12 free-trade agreements with countries including Singapore, Pakistan, China, Peru, Costa Rica, Iceland, Switzerland, Hong Kong and Taiwan, with eight more agreements still under negotiation with Japan, Korea, Australia, Sri Lanka, Norway, the Regional Comprehensive Economic Partnership, ASEAN and the Gulf Cooperation Council.

 

Belt and Road countries should aim to build up investment and trade facilitation, which are major aspects of Belt and Road. It can be done by eliminating investment and trade barriers to create an optimum business environment within the region and in all related countries. China will discuss with countries along Belt and Road about setting up free trade zones so as to maximise the potential of cooperation.

 
 
 

Countries along Belt and Road should work together to tighten our border securities through better information exchange, mutual assistance in law enforcement, increase multilateral cooperation in the area of inspection and quarantine, certification and accreditation, standard measurement, and statistical information and jointly ensure that the WTO Trade Facilitation Agreement is implemented.

 

Governments should improve custom clearance facilities of border ports, by lowering costs and expanding their capacities.

Belt and Road countries should work together to boost safety and convenience of supply chains, enhance the coordination of cross-border supervision procedures, encourage online checking of inspection and quarantine certificates, and facilitate mutual recognition of Authorized Economic Operators.

 

Governments should work on improving the transparency of technical trade measures and enhancing trade facilitation and liberalisation.

 

Belt and Road countries should multiply trading areas, improve trade structures, find new growth areas of trade and promote trade balance.

 

China would combine investment and trade and encourage trade through investment.

 

Governments should hasten investment facilitation, tear down investment barriers, initiating negotiations on bilateral investment protection agreements and double taxation avoidance agreements to safeguard the lawful rights of investors.

 
 

Belt and Road countries should further build up mutual investment areas, increase collaboration in agriculture, forestry, animal breeding ground and fisheries, marine farming, deep-sea fishing, aquatic product processing, seawater desalination, ocean engineering technology, environmental protection industries, marine tourism and other fields.

 
 

China would deepen cooperation in the exploration and development of renewable and non-renewable energy sources as well as in the processing and conversion of energy at or near places where they are extracted, with the aim of creating an integrated industrial chain of energy and resource cooperation.

 

China would also deepen cooperation in deep-processing technology, equipment and engineering services in the fields of energy and resources.

 
 

According to the principles of mutual complementarity and benefit, we should work with other Belt and Road countries in sunrise industries such as new-generation information technology, biotechnology, new energy technology, new materials and other emerging industries, and develop an entrepreneurial and investment cooperation mechanism.

 
 

Governments should work on the division of labour and distribution of industrial chains, encourage R&D, more effective production and marketing systems, and expand the industrial supporting capacity and thus making regional industries more competitive.

 
 

The service industries of Belt and Road countries should be more open towards each other so as to speed up the growth of these regional service industries.

Governments should work together to develop all forms of industrial parks such as overseas economic and trade cooperation zones and cross-border economic cooperation zones.

 

Belt and Road countries should step up their environmental efforts when carrying out trade and investment, by conserving biodiversity, tackling climate change and work together to make Belt and Road eco-friendly.

 

China welcomes companies from all countries to invest in China, and encourages Chinese firms to contribute in industrial investments there.

 
 
Overview
 
To support China-proposed Belt and Road Initiative, BELT AND ROAD INITIATIVE CHAMBER OF COMMERCE AND INDUSTRY (the "BRICCI") is established in Singapore in 2016.
Singapore is well-placed to be Asia’s economic, financial and transportation hub with its strong cluster of companies involved in various parts of business development. The BRICCI is a global business platform to connect all entrepreneurs, companies, organizations, small and medium enterprise from all walks of life among countries along Belt and Road through its global business network. BRICCI will contribute to the successful realization of China's One Belt, One Road vision.
The BRICCI aims to build a membership network comprising individual members, corporate members and association members among countries along Belt and Road. It plays a vital role in China's Belt and Road Initiative sectors: Connectivity and Financial services & trade.
These BRICCI and its members together share opportunities and resources which enable the BRICCI to build a global business network for business development. In return, they have more business opportunities, connections and benefit from the BRICCI's membership services.
 
Mission & Vision
 
Mission
  • Based in Singapore, build BRICCI as the world most connected business networking platform for local entrepreneurs.
  • Introduce and promote products and business services among countries along Belt and Road.
  • Create more business opportunities among countries along Belt and Road.
  • Provide business opportunity and information among members
  • Acquiring offer and benefit for the members.
  • Promoting effective healthcare and free education to local community.
  • Facilitating cross country exchange and co-operation to build an efficient global business network.
Vision
  • To participate in China’s Belt and Road initiatives and contribute on Connectivity and Financial services & trade, providing members more business opportunities with a most connected global business network.
  • Connecting the global entrepreneur and spreading the opportunities along the Silk Road.
 
Core Values
 
Co-operation
  • We believe the spirit of sharing and enjoy working together to accomplish a common goal.
Integrity
  • We abide by strong moral and ethical principles in all our dealings.
Diligence
  • We strive for excellence through perseverance and dedication.
Trust
  • We can be counted on by all our stakeholders.
Passion
  • We are committed to work wholeheartedly and with enthusiasm.
Innovation
  • We encourage change and innovation among our staff to meet stakeholders’ needs.
 
Organization Structure
 
Headquarter
  • President
  • Vice President
  • Secretary General
  • Treasury Secretary
  • Chief Operate Officer
Branches
  • Country President
  • Country Vice President
  • Country Secretary General
  • Content Manager
  • Event Manager
 
Membership Services
 
  • Arrange business meetings and seminars.
  • Organize business events.
  • Provide business training.
  • Provide business consultancy and planning.
  • Arrange business consulting tours and communication to countries along Belt and Road.
  • Translations Service for members.
 
Member Benefits and Commitments
 
Benefit
  • Free networking apps to connect people through IBN Platform specially designed for SME and SMI entrepreneurs.
  • Members can create unlimited number of business gallery and promote its products display to their friends.
  • One membership can have multiple businesses in Belt and Road.
  • Create or join multiple business networks to increase more business opportunities.
  • Send and received business referral to and from other members.
  • Special referral rating system to record the effectiveness of the members’ referral.
  • Following friends, other business and network gallery update.
  • Know who your followers are.
  • Manage and organize your personal, business connection and communication in one App
Commitments
1. Commitment for normal members
  • Send at least 1 referral per day to any members business.
  • Keep a good business ethic and practice.
  • Follow the rules and regulation of the Chamber.
2. Commitment for Ambassador members
  • Organize Meeting and Events to increase business opportunity and invite others member to join the meeting and events.
  • Learn and understand the local culture, environment and ethnicity. Ambassador should carry forward the spirit of friendly cooperation of the Belt and Road by promoting extensive cultural and academic exchanges, personnel exchanges and cooperation, media cooperation, youth and women exchanges and volunteer services, so as to win public support for deepening bilateral and multilateral cooperation.
3. Commitment for Regional Director members
  • Support localized operation and management of Belt and Road companies to boost the local economy, increase local employment, improve local livelihoods, and take social responsibilities in protecting local biodiversity and eco-environment.
  • We should make innovations in our forms of trade, and develop cross-border e-commerce and other modern business models. A service trade support system should be set up to consolidate and expand conventional trade, and efforts to develop modern service trade should be strengthened.
  • Hold culture years, arts festivals, film festivals, TV weeks and book fairs in each other's countries; cooperate on the production and translation of fine films, radio and TV programs; and jointly apply for and protect World Cultural Heritage sites.
  • Enhance cooperation in and expand the scale of tourism; hold tourism promotion weeks and publicity months in each other's countries; jointly create competitive international tourist routes and products with Silk Road and Maritime Silk Road features; and support to make it more convenient to apply for tourist visa in countries along the Belt and Road. Push forward cooperation on the 21st-Century Maritime Silk Road cruise tourism program.
4. Country Director Commitment
  • Send more exchange students to each other's countries, and promote cooperation in jointly running schools. Corporate with China to provides government scholarships and increase personnel exchange between countries along theBelt and Road every year.
  • Carry out sports exchanges and support countries along the Belt and Road in their bid for hosting major international sports events.
  • Integrate existing resources to expand and advance practical cooperation between countries along the Belt and Road on youth employment, entrepreneurship training, vocational skill development, social security management, public administration and management and in other areas of common interest.
  • Gathering the think tanks in the countries along the Belt and Road to jointly conduct research and hold forums.
5. International Director Commitment
  • Support Belt and Road country to strengthen cooperation with neighboring countries on epidemic information sharing, the exchange of prevention and treatment technologies and the training of medical professionals, and improve our capability to jointly address public health emergencies.
  • Corporate with China to provide medical assistance and emergency medical aid to relevant countries, and carry out practical cooperation in maternal and child health, disability rehabilitation, and major infectious diseases including AIDS, tuberculosis and malaria. Support China to expand cooperation on traditional medicine.
  • Support Belt and Road countries to increase our cooperation in science and technology, establish joint labs (or research centers), international technology transfer centers and maritime cooperation centers, promote sci-tech personnel exchanges, cooperate in tackling key sci-tech problems, and work together to improve sci-tech innovation capability.
  • Support Belt and Road countries governments to carry out exchanges and cooperation among cities, encourage major cities in these countries to become sister cities, focus on promoting practical cooperation, particularly cultural and people-to-people exchanges, and create more lively examples of cooperation.
  • Support to increase exchanges and cooperation between nongovernmental organizations of countries along the Belt and Road, organize public interest activities concerning education, healthcare, poverty reduction, biodiversity and ecological protection for the benefit of the general public, and improve the production and living conditions of poverty-stricken areas along the Belt and Road.
  • Enhance international exchanges and cooperation on culture and media, and leverage the positive role of the Internet and new media tools to foster harmonious and friendly cultural environment and public opinion.
 
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65 countries along Belt and Road Initiative.

China, Mongolia, Kazakhstan, Uzbekistan, Turkmenistan, Kyrgyzstan, Tajikistan, Pakistan, India, Bangladesh, Sri Lanka, Afghanistan, Nepal, Maldives, Bhutan, Indonesia, Thailand, Malaysia, Vietnam, Singapore, Philippines, Myanmar, Cambodia, Laos, Brunei, East Timor, Saudi Arabia, UAE, Oman, Iran, Turkey, Israel, Egypt, Kuwait, Iraq, Qatar, Jordan, Lebanon, Bahrain, Yemen, Syria, Pakistan, Russia, Ukraine, Belarus, Georgia (out of the CIS), Azerbaijan, Armenia, Moldova, Poland, Romania, Czech Republic, Slovakia, Bulgaria, Hungary, Latvia, Lithuania, Slovenia, Estonia, Algeria, Serbia, Macedonia, Bosnia and Herzegovina, Montenegro, Croatia

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