Belt and Road Industrial and Commercial Alliance

The Belt and Road Industrial and Commercial Alliance was launched in June 2016. It is a government-organized non-governmental organization which forms a collegium of national business associations from Europe and Asia, especially China.

Overview

The Chinese envision this alliance as a promoter of industrial investment and economic and trade co-operation for countries along the Silk Road and 21st Century Maritime Silk Road. The BRICA has at least "25 industrial and commercial organizations from 23 countries of Asia, Europe, Middle East, Africa and Latin America".