The New Silk Road: The Growing Economic Corridor Between the Middle East and Asia


Event Date
  • 5/17/2011   6:30 PM - 7:30 PM
    Please arrive early for registration
Location
  • The Junior League
Address
  • The Junior League
    1811 Briar Oaks Lane
    Houston, Texas 77027

Afshin Molavi

New America Foundation

 

Tuesday, May 17
Registration: 6:00 p.m.
Program: 6:30-7:30 p.m.

 

The high-speed rail link that China Railway Corp. is building in Saudi Arabia doesn’t just connect the holy cities of Mecca and Medina. It is one of many enormous infrastructure projects that show how Asia, the Middle East, and North Africa are forming a new silk road of trade and investment between the world’s emerging economies.  The merchants on this new route are Arab investors with petrodollars and Asians anxious to both lock up energy supplies and find markets for goods.  Trade between the two regions has been expanding at 30% annually.

What does this mean for the United States and Europe? Can the West find opportunities on this new Silk Road?

Afshin Molavi is a senior fellow at the New America Foundation, where he writes on the politics and economics of Middle East states. A former Dubai-based correspondent for the Reuters news agency and a regular contributor to The Washington Post from Iran, Mr. Molavi has covered the Middle East and Washington for a wide range of international publications. His articles have appeared in the Financial Times, Businessweek, The New Republic, Foreign Policy, The Christian Science Monitor, The Nation, The Journal of Commerce, The Wilson Quarterly, among others.