Research Article

THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE “MIDDLE CORRIDOR” PROGRAM IN TURKEY

Volume: 10 Number: 2 November 24, 2021
TR EN

THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE “MIDDLE CORRIDOR” PROGRAM IN TURKEY

Abstract

In 2015, to align the Belt and Road Initiative” (BRI) of China with the “Middle Corridor Program” of Turkey, a memorandum of understanding between China and Turkey was signed. The constitutional amendment shows that Turkey’s institutional environment and economic initiatives are changing. This change enhances the marginal cost of Sino-Turkish international economic cooperation and raises new challenges for the implementation of this cooperation in the context of building the BRI. This paper aims to analyze the Middle Corridor’s current situation between Turkey and China within the scope of BRI. PEST analysis is a method used to define the macro-environment. This paper investigates the primary trend of the Turkish economy, especially economic policies, and institutions through PEST analysis; explores the reality of the economic, political, social, and trade cooperation established between China and Turkey, and characterizes problems and challenges facing this cooperation. Finally, the study suggests that the following are keys to the China-Turkey cooperation; the strengthening of political mutual trust and security coordination, further expansion of the ‘opening up’ to enhance their respective industrial competitive advantages and to augment the complementarities of trade structures already in existence.

Keywords

References

  1. AIIB. (18 February 2019). Retrieved from https://www.aiib.org/en/
  2. Atlı, A. (2016). Turkey’s foreign policy towards China: Analysis and recommendations for improvement. Paper presented at the Policy Paper. Young Academics Program. Istanbul: Global Relations Forum.
  3. Belt and Road will make Turkey-China cooperation a success. (06 January, 2017). China Daily. Retrieved from http://www.chinadaily.com.cn/opinion/2017-06/01/content_29580844.htm
  4. Belt and Road Initiative opens new era of global cooperation Updated: Apr 2017 Xinhua. Retrieved from http://english.gov.cn/news/international_exchanges /2017/04/24/ content_281475635407152.htm. Accessed on May 24, 2018
  5. Bērziņa-Čerenkova, U. A. (2016). BRI instead of OBOR–China edits the English Name of its most ambitious international project. Latvian Institute of International Affairs, 28.
  6. Brakman, S., Frankopan, P., Garretsen, H., & Van Marrewijk, C. (2019). The New Silk Roads: an introduction to China’s Belt and Road Initiative. Cambridge Journal of Regions, Economy and Society, 12(1), 3–16. Retrieved from https://doi.org/10.1093/cjres/rsy037
  7. Business, H.T. (2017). “Modern İpek Yolu Nereye Çıkar?”. Retrieved from http://www.businessht.com.tr/piyasalar/haber/1495794-modern-ipek-yolu-nereye -cikar
  8. Chen, Y. (2020). Developments in China–Turkey Relations: A View From China. Critical Sociology, 46(4-5), 777-787.

Details

Primary Language

English

Subjects

-

Journal Section

Research Article

Publication Date

November 24, 2021

Submission Date

August 25, 2020

Acceptance Date

February 22, 2021

Published in Issue

Year 2021 Volume: 10 Number: 2

APA
Azer, Ö. A., Min, W., & Ulker, Y. (2021). THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE “MIDDLE CORRIDOR” PROGRAM IN TURKEY. Güvenlik Bilimleri Dergisi, 10(2), 543-566. https://doi.org/10.28956/gbd.1028717
AMA
1.Azer ÖA, Min W, Ulker Y. THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE “MIDDLE CORRIDOR” PROGRAM IN TURKEY. Güvenlik Bilimleri Dergisi. 2021;10(2):543-566. doi:10.28956/gbd.1028717
Chicago
Azer, Özlem Arzu, Wei Min, and Yasemin Ulker. 2021. “THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE ‘MIDDLE CORRIDOR’ PROGRAM IN TURKEY”. Güvenlik Bilimleri Dergisi 10 (2): 543-66. https://doi.org/10.28956/gbd.1028717.
EndNote
Azer ÖA, Min W, Ulker Y (November 1, 2021) THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE “MIDDLE CORRIDOR” PROGRAM IN TURKEY. Güvenlik Bilimleri Dergisi 10 2 543–566.
IEEE
[1]Ö. A. Azer, W. Min, and Y. Ulker, “THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE ‘MIDDLE CORRIDOR’ PROGRAM IN TURKEY”, Güvenlik Bilimleri Dergisi, vol. 10, no. 2, pp. 543–566, Nov. 2021, doi: 10.28956/gbd.1028717.
ISNAD
Azer, Özlem Arzu - Min, Wei - Ulker, Yasemin. “THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE ‘MIDDLE CORRIDOR’ PROGRAM IN TURKEY”. Güvenlik Bilimleri Dergisi 10/2 (November 1, 2021): 543-566. https://doi.org/10.28956/gbd.1028717.
JAMA
1.Azer ÖA, Min W, Ulker Y. THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE “MIDDLE CORRIDOR” PROGRAM IN TURKEY. Güvenlik Bilimleri Dergisi. 2021;10:543–566.
MLA
Azer, Özlem Arzu, et al. “THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE ‘MIDDLE CORRIDOR’ PROGRAM IN TURKEY”. Güvenlik Bilimleri Dergisi, vol. 10, no. 2, Nov. 2021, pp. 543-66, doi:10.28956/gbd.1028717.
Vancouver
1.Özlem Arzu Azer, Wei Min, Yasemin Ulker. THE STRATEGIC IMPORTANCE OF THE “BELT AND ROAD INITIATIVE” CONNECTIVITY WITH THE “MIDDLE CORRIDOR” PROGRAM IN TURKEY. Güvenlik Bilimleri Dergisi. 2021 Nov. 1;10(2):543-66. doi:10.28956/gbd.1028717

Cited By

2434714728147311473929833


This journal is licensed under the Creative Commons Attribution-NonCommercial 4.0 International License29846