EMPEA Inaugurates New Asia Headquarters in Singapore
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NEW YORK, April 14, 2021 /PRNewswire/ EMPEA, the industry association for private capital investment in Africa, Asia, CEE, Latin America and the Middle East, today announced the launch of its new Singapore-based Asia headquarters. Private capital flows across borders will continue to expand in the coming years as investors seek opportunities that are scalable, diversified and global, said EMPEA CEO and Board Member Cate Ambrose. Environmental sustainability, technology and innovation will drive investment decisions, and EMPEA s Asia headquarters will be a hub to act on these themes.
Kamis 15 Apr 2021 11:34 WIB Red: Elba Damhuri Foto: Anadolu REPUBLIKA.CO.ID
By Dr Ezgi Uzun,
an instructor at Sabanci University, with her research focusing on Iranian foreign policy, security and military culture, Shia geopolitics, and the Axis of Resistance in the Middle East On March 27, 2021, Iran and China signed a 25-Year Comprehensive Strategic Partnership cooperation agreement, which had sparked significant controversy after being leaked to the press in July 2020 at the draft stage. The publicized 18-page draft envisions intense cooperation between the two countries in oil production, transportation and security; railway, road and port infrastructure development activities in Iran, which are important for China’s Belt and Road Initiative; the use of national currencies in international banking activities; and finally in other strategic sectors such as defense, military and information technologies. [1]
Govt keen to stem illicit financial flows
Planning Commission official discusses post-Covid prospects of sustainable infrastructure investment
APP
April 15, 2021
In the last fiscal year, the country attracted about $3.6 billion hot foreign money, which evaporated as the interest rates came down to 7%. PHOTO: REUTERS
ISLAMABAD:
The government is committed to supporting all international initiatives to help stem illicit financial flows and recover stolen assets, said Planning Commission Deputy Chairman Mohammad Jehanzeb Khan.
Speaking at a webinar on “Accelerating Infrastructure for a Sustainable and Resilient Recovery and Restoring Trade” on Wednesday, Khan said that the World Bank in its 2018 report estimated that the financing requirement of developing countries to implement Sustainable Development Goals (SDGs) was at least $1 trillion annually and it would take up to 2030 to implement them.
How to Resolve Threat of the CCP’s One Belt One Road Initiative
Analysis
Seven years have gone by since China started its One Belt One Road Initiative (BRI) in 2014. In 2013 Chinese leader Xi Jinping first introduced this transnational economic belt initiative, then known as the Silk Road Economic Belt and the 21st Century Maritime Silk Road.
The BRI starts in mainland China, moves along the Silk Road, via Central Asia, to Russia and Europe. On the surface, the Chinese Communist Party (CCP) is developing new economic cooperation with countries and regions by strengthening infrastructure along the route. The real driving force is CCP’s desire to digest its industrial overcapacity and labor in China, and drive the development of the western region to ensure the energy supply for the mainland. There are also geopolitical and security reasons for the CCP’s One Belt area.