Influence of Belt & Road on consensual Trade with Path to Structural Trade Model

Xi Jinping, the president of China, announced Belt and Road project. A large geographic area world, encompassing America, Asia, Africa, was to be developed economically through increased bilateral trade. BRI covers 64 per cent global population 30 international GDP. Analyses consequences Initiative-driven changes marine networks on trade movements (BRI). The gravity model approach applied for results study significance China "Belt project" (BRI) various quantitative techniques, including (POLS), (FE), look at hypothesized impact one Country with other countries. To importance two-way 29 trading partners, panel data from 20 years (2000-2019) were obtained. has a very good trade, its GDP capita is shown highly positive. relationship between two significant positive, as indicated. Results indicate that partners' countries' populations have grown, their economies also grown.