Cooperation agreements and MoUs under the Belt and Road Initiative

The Belt and Road Initiative (BRI) is often subject of controversial debates. Something that frequently heats up the minds and ignites political debates are governmental-level bilateral signed BRI-MoUs (Memorandum of Understanding), which not only promise cooperation within the framework of BRI, but also substantiate the legitimacy of the initiative. This was seen only recently, when the Australian state of Victoria decided to sign a MoU with China on the BRI. While some stated that signing this MoU is no big deal as the furor over Victoria’s MoU with China overlooks that – in Beijing’s eyes – the BRI is already at work in Australia, neither federal Labor nor the federal government were amused about Victoria’s solo run.

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