{ طريق الحرير الجديد | Mersat Real Estate | Real estate experts make the decision
The New Silk Road

The New Silk Road

Last Updated: 2023-07-27
+ Font size -
1 11815

The New Silk Road

The New Silk Road is considered the largest and largest economic, development and commercial project in the world. It covers more than a third of the world. It is a unique trade route that linked Asia and Europe since the second century BC. The traveler Marco Polo spoke about him in the thirteenth century in his book "The Story of Miracles". The idea of ​​opening the road brought to mind the participation of Turkish President Recep Tayyip Erdogan in the opening of the Baku-Tbilisi-Kars train line, because this line will play the most important role in reviving the historic Silk Road again. 

The world today is facing a new and radical transformation, and this transformation will turn the scales upside down, because Western hegemony and control has begun to collapse little by little. The United States of America began to move towards the system of globalization by sharing influence with the countries that began to rise and witnessed their renaissance on the globe, including Russia and China, whose economies ranked second in the world. Certainly, this sharing of influence between America and the countries of the Middle East will turn into a "slant of influence", because the center of gravity is gradually tilting from the Atlantic to the Pacific, specifically to China, which has the second largest economy in the world today, and raises the banner of globalization from now on. This vision is embodied by Chinese President Xi Jinping through the revival of the historic Silk Road.

It's the Iron Silk Road 

After the collapse of the Soviet Union, specifically in 1993, calls rose in Turkey to launch this line, which aims to link Turkey with the peoples living around the Caspian Sea and increase cultural and economic interdependence between them. Although it was disrupted due to the lack of funding after the World Bank and the European Bank refused to fund it on the pretext of ignoring it, Armenia was linked to the line. However, the project came back to the fore in 2007 after being funded by Turkey and Azerbaijan. It was opened in 2017, and China integrated that line by extending a railway from western China to Kazakhstan, for Chinese goods to cross the Caspian Sea by ferry to Azerbaijan, and then completing the road to Turkey via the Baku-Tbilisi-Kars railway. 

This global line will start from China and will reach Europe via Anatolia and the Mediterranean. And the project that is to pass through 65 countries will be completed in 2049. This means that the center of gravity of the world will begin to tilt to the east from 2050. Because the modern Silk Road is the largest economic and development project that the globe will witness. It includes more than a third of them, as sea transport is the cheapest method for many goods, which is why China is strengthening relations with Turkey significantly. In this context, the giant Chinese container shipping company COSCO Pacific acquired the Comoport port in the Marmara Sea, which is the third largest port in Turkey, for one billion dollars, to provide navigation and logistic services to passing ships. 

In November, the first train to leave China for Europe passed through the Bosphorus Strait through the Marmaray Tunnel in Istanbul for the first time, and this is evidence that the dream of activating the "railroad" has actually come true. The China National Railways Corporation is scheduled to connect Prague in the Czech Republic and Xi'an, the capital of Shanxi Province in central China, directly via Turkey.

Trade lines change: 

The discovery of the Cape of Good Hope by the Spaniards, which had contributed to the emergence of several Western powers such as: Spain, the Netherlands, Portugal and England. On the other hand, the demise of the Mamluk state’s star after only 20 years of the transformation of Europe’s trade from Egypt and the Levant to the new road, and what was accompanied by a significant decrease in residence and taxes, and contributed to the weakening and fall of the Mamluk state. Then the American fleet inherited the status of the Spanish Empire after their expulsion from the Caribbean Sea at the end of the nineteenth century. And the influence of the American fleet extended to control all the straits and sea lanes through which most of the world's trade in oil and goods pass through seven naval fleets. 

Thus, we can say that Erdogan’s vision convergence with the leaders of China and Russia has borne fruit and contributed to the establishment of trade corridors to link the heart of the old world with each other strategically and economically, as well as the extension of pipelines to transport gas and oil from production fields in Asia to places of consumption in Europe via Turkey, such as: The Turkish Stream and the Tanab Project, which increases the interdependence of interests in the Eurasia region, away from the American influence, which is steadily weakening. 

 

Will the coming years witness a change in the geopolitical map of the world? After changing global trade routes? This is what we will know after the completion of the construction of this connecting road...

 

Edited by Mersat Real Estate ©


Last Updated::2023-07-27

Real estate Articles

The real estate market in Istanbul is the best choice for investors
Istanbul is a destination for millions of tourists and investors who want to buy a property in Turkey, so what are the types of real estate in it?
Find out why you should deal with a reliable real estate company
Mersat Real Estate recommends always dealing with real estate companies and not listening to rumors
A comprehensive guide for everything related to buying a property in Turkey
Are you interested in real estate investment in Türkiye? Here's everything you need to know about investing in Türkiye
Torlow's balcony
Turlo Glass Balcony, a beautiful glass balcony for lovers of adrenaline, excitement and suspense
Asansur Tower is a charming landmark of Izmir
Turkey seeks every day to support tourism and the tourism field in Turkey to raise the country's economy first through tourists visiting the picturesque natural places
What are the elements of investment in Turkey?
Investing in Turkey and reaping real estate that must be taken into account when buying a property
Advantages of the Turkish passport 2023
There are many reasons that lead many Arabs to inquire about the possibility of obtaining a Turkish passport, with the many advantages it gives to those who hold it.
Annual property tax in Türkiye
What is the annual property tax? And what is its value?
Princesses Islands are the most beautiful islands in Turkey
Princes' Islands in Istanbul: A gem in the Marmara Sea with exceptional history and beauty, featuring cultural and natural landmarks that attract visitors to enjoy a unique charm blending history with serene natural beauty.
Arnavutköy area
Arnavutkoy ... the center of promising investments

Real estate News

A new decision regarding real estate residency in Türkiye
Learn about the new decision regarding real estate residency in Turkey, where obtaining a real estate residency requires that the price of the property to be purchased be 200 thousand dollars or more.
The United Kingdom is investing four billion US dollars in Turkey
Reports indicated in some newspapers, including Anadolu Agency, about the planning of the British company Hive Energy, with the support of the British Chambers of Commerce, to invest in Turkey worth four billion US dollars
Economies are collapsing, currencies are falling, and Turkey is out of this equation
After the Corona crisis ravaged the world's economies and scientists reached anti-virus vaccines, and as soon as things began to improve and recover, the Russian-Ukrainian war occurred.
400 Thousand US Dollars, a Simple Amendment to One of the Conditions of Obtaining Turkish Citizenship
The Turkish Official Gazette published at dawn today, Friday, May 13, the decision of Turkish President "Recep Tayyip Erdogan", which stipulates raising the value of the property that grants its owner the right to obtain Turkish citizenship from 250 thousand to 400 thousand US dollars.
exceptional project from a government that cares about its people
 Recently, the Turkish government has introduced a residential project, land suitable for construction and industrial zones in all Turkish provinces
The Clash of Giants over One of the Major Markets, and the Turkish Overcomes
In the midst of the crises the world is witnessing, such as wars, conflicts and the collapse of economies, the Turkish Real Estate Market has registered remarkable progress with the rise in the average cost of houses in Turkiye
Accord and new horizons, Ankara and Riyadh
 As a kind of confirmation of improved Saudi-Turkish relations, Crown Prince Mohammed bin Salman visited Türkiye for the first time
Closing Some Neighborhoods in Türkiye to Foreigners; a Resolution in Your Favor 
As of July 1, the number of neighborhoods in which the process of registering and changing residence of the foreigners will be closed
Tourism recovery in Turkey 2022
After the Corona pandemic hit all the world's countries, tourism declined in many of the countries that pioneered it
Trabzon Receives Its Saudi Loved Ones After a Long Absence
After a long absence because of the coronavirus pandemic, Saudi tourists returned to Türkiye to enjoy their summer vacation as Trabzon was their first choice.
Real estate Articles
Watch a video
Real estate opportunities
Featured Projects

Projects in Turkey

Realestates in Turkey

Let us tell you with new

By joining mailing list