News Blaze, an alternative business and world news newspaper, has published an article entitled “The Silk Road, Back to the Future, Port of Baku” by US journalist Nurit Greenger. The article reads as follows: One of Azerbaijan’s major national projects is its new port. A country that is land-locked must find a way to undo the lock and access ports. Its first phase fully financed by the government, was completed. It is a start-up of an innovative and creative international hub of hubs port. Mr. Taleh Ziyadov, who was educated at Georgetown and Cambridge universities, is the Director General of the Port of Baku. Several times I heard him tell the story of how the port project idea was born. I recently had the opportunity sit with Mr. Ziyadov and receive a first hand lesson in the global trade routes’ history that goes back thousands of years and in which Azerbaijan played a central role. It All Started With the Silk Road The Silk Road was an ancient network of … [Read more...] about News.Az — Your Window to the Region The Silk Road, Back to the Future, Port of Baku
Silk road ancient china
THE ancient Silk Road was a route from China to Europe dating back more than 2,000 years, through which textiles and other good were brought - silky fabric to Europe and carrots for the Chinese. Ideas were also exchanged between the Asian and Roman and Middle Ages civilisations. Where is the Silk Road? The Silk Road was a network of trade routes connecting China and the Far East with the Middle East and Europe. It was not a road as such, rather a collection or network of tracts and sea routes on which goods were shipped by merchants. Few travelled the entire route because goods were mostly handled by middlemen. It stretched along the Originating in China the 4,000-mile road followed the Great Wall of China to the northwest, bypassed the Takla Makan Desert, climbed the Pamirs mountains before crossing Afghanistan and then on to the Levant. From there the merchandise was shipped across the Mediterranean Sea to Europe. What countries does the ancient route … [Read more...] about Where is the Silk Road, what countries does the ancient route run through and where does it begin and end?
“You want an illegitimate taxi?” asked the waiter, after my rousing meal of vodka and something delicious that may have been mutton. In truth, I’d have been more than happy with a legitimate one, that first evening but – too late! – a passing Lada was flagged down and soon I was speeding back to my hotel driven by an Uzbek with a tremendous set of gold teeth and surprisingly good grasp of English. “On average, the foreign traveller does not like our capital of Tashkent,” he observed with a tragic air, “because it is generally unlikeable.” I looked out of the window at the brutalist architecture of Uzbekistan’s Soviet era, the kitsch lamp posts, the formally laid-out parks lined with kidney-coloured kerbstones and the boutiques selling metallic bras – knocked up in the 70s, you’re tempted to think, from left-over cosmonaut fabric. Telegraph Tours: Embark on a Great Silk Road Adventure with Benedict Allen … [Read more...] about Benedict Allen explores salt lakes and the world’s most beautiful cities on the Silk Road
At the heart of a 21st-century silk route connecting Asia and Europe, Baku is the natural geographic meeting point for east and west. An ancient city on the original silk road, the city now has its eyes on becoming a free trade zone modelled on Dubai. Nearly 400 delegates gathered in the Azeri capital for the annual International Association of Ports and Harbours (IAPH) this week, less than a fortnight after it hosted the latest round of the Formula One world championship. Addressing participants by video link on Wednesday (9 May), Johannes Hahn, the EU Commissioner for European Neighborhood Policy, said the bloc would continue to support Baku’s commercial development. “Azerbaijan is very well-placed to play a key role in linking Europe and Asia and the European Union will continue to support the Port of Baku in becoming an international logistics and trade hub,” said Hahn. Investments by EU member countries in Azerbaijan’s economy exceeded $15 … [Read more...] about Baku’s new silk road can connect Europe to the east
IMF chief Christine Lagarde warned China on Thursday about saddling other countries with a "problematic increase in debt" through its ambitious global trade infrastructure project. Lagarde made the comments at a Beijing forum on Chinese President Xi Jinping's signature Belt and Road initiative, a $1 trillion road, rail and construction project spanning dozens of countries -- from Asia to Africa and Europe. But many of the colossal projects are being built by state-owned Chinese companies and financed by loans from China, leaving states billions of dollars in debt to Beijing. "These ventures can also lead to a problematic increase in debt, potentially limiting other spending as debt service rises, and creating balance of payment challenges," Lagarde told the crowd of Chinese and foreign officials. "In countries where public debt is already high, careful management of financing terms is critical," she said. Some countries like Sri Lanka have already ended up deeply in debt and been left … [Read more...] about IMF head warns China on exporting debt through ‘Silk Road’