17+1 cooperation forum – UPSC Prelims

17+1 cooperation forum:
  • The 17+1 cooperation forum is a China-led initiative founded in the year 2012.
  • Aim:
    • To expand cooperation between China and the Central and Eastern European(CEE) member countries.
    • This is done through investments and trade for the development of the CEE region.
    • The initiative focuses on infrastructure projects such as bridges, motorways, railway lines and the modernisation of ports in the member states.
  • Significance: The initiative is largely seen as an extension of China’s flagship Belt and Road initiative (BRI).
  • Why in news? Lithuania pulled out of this forum.

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