Research Article

THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES

Volume: 5 Number: 2 October 31, 2025
TR EN

THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES

Abstract

The importance of trade routes and economic cooperation in geoeconomic and commercial terms is increasing day by day. Throughout history, global trade routes have always been of strategic importance. Ancient trade routes, such as the Silk Road, facilitated early trade and cultural exchange. However, technical and political disruptions have forced global supply chains to new routes. Disruptions to key shipping routes, such as the Suez Canal, have underlined vulnerabilities in global trade. Changing commercial and economic centers in our world have brought new routes. The axis of global trade has shifted from traditional hubs in North America and the European Union to include the Asia-Pacific region, which is driven by East Asian economies such as China, Japan, and South Korea in particular. In this environment, today's two important economic collaborations have led to the emergence of new trade routes. BRI and IMEC are the two most discussed projects. The fact that these projects have not only commercial but also political consequences has brought the concept of geoeconomy to the fore. This study aims to compare BRI and IMEC using Melitz's new trade theory within the framework of the concept of geoeconomics.

Keywords

References

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Details

Primary Language

English

Subjects

Economic Integration, International Logistics

Journal Section

Research Article

Early Pub Date

October 28, 2025

Publication Date

October 31, 2025

Submission Date

August 9, 2025

Acceptance Date

October 18, 2025

Published in Issue

Year 2025 Volume: 5 Number: 2

APA
Koçakoğlu, M. A., & Koçakoğlu, Ö. (2025). THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES. Dicle Akademi Dergisi, 5(2), 222-235. https://doi.org/10.61964/dade.1761593
AMA
1.Koçakoğlu MA, Koçakoğlu Ö. THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES. DAD. 2025;5(2):222-235. doi:10.61964/dade.1761593
Chicago
Koçakoğlu, Mehmet Ali, and Özlem Koçakoğlu. 2025. “THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES”. Dicle Akademi Dergisi 5 (2): 222-35. https://doi.org/10.61964/dade.1761593.
EndNote
Koçakoğlu MA, Koçakoğlu Ö (October 1, 2025) THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES. Dicle Akademi Dergisi 5 2 222–235.
IEEE
[1]M. A. Koçakoğlu and Ö. Koçakoğlu, “THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES”, DAD, vol. 5, no. 2, pp. 222–235, Oct. 2025, doi: 10.61964/dade.1761593.
ISNAD
Koçakoğlu, Mehmet Ali - Koçakoğlu, Özlem. “THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES”. Dicle Akademi Dergisi 5/2 (October 1, 2025): 222-235. https://doi.org/10.61964/dade.1761593.
JAMA
1.Koçakoğlu MA, Koçakoğlu Ö. THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES. DAD. 2025;5:222–235.
MLA
Koçakoğlu, Mehmet Ali, and Özlem Koçakoğlu. “THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES”. Dicle Akademi Dergisi, vol. 5, no. 2, Oct. 2025, pp. 222-35, doi:10.61964/dade.1761593.
Vancouver
1.Mehmet Ali Koçakoğlu, Özlem Koçakoğlu. THE NEW ROUTE OF GEOECONOMIC COMPETITION: COMPARISON OF THE BELT AND ROAD INITIATIVE AND THE IMEC PROJECT WITHIN THE FRAMEWORK OF NEW TRADE THEORIES. DAD. 2025 Oct. 1;5(2):222-35. doi:10.61964/dade.1761593

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