The article is devoted to a comprehensive analysis of the ‘One Belt, One Road’ initiative put forward by China and its impact on modern Eurasian development. Particular attention is paid to Central Asia, which is considered as a key transit hub connecting Asian and European markets and forming a new contour of global economic interconnectivity. The study emphasises that the region has a unique geostrategic value, where the interests of not only China and Russia, but also the Gulf monarchies, seeking to build into the project through investment, energy and infrastructure partnerships, intersect. The role of the Gulf Cooperation Council (GCC) is analysed as a complement to overland routes: it is their financial resources, innovative potential and experience in developing transport and logistics hubs that allow China to expand sea and land corridors. The BRI's historical continuity with the Great Silk Road, which in the past facilitated trade, cultural exchange and the spread of knowledge between civilisations, is underlined. The modern initiative is an instrument for the formation of a new co-operation architecture based on the principles of peace and co-operation, openness and inclusiveness, mutual learning and mutual benefit. Thus, the study reveals that the pairing of Central Asia and the GCC countries within the BRI opens up prospects not only for diversifying transport routes and investment flows, but also for strengthening political and diplomatic dialogue, which makes this project an important element of the global multipolar system.

Great Silk Road, BRI (The Belt and Road Initiative), China

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