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00:00Brought to you by Standard Chartered One Belt One Road one bank one of the countries that stand to gain most of China's belt & road initiatives is Kazakhstan where in a capital Astana administrative hub of the world's largest landlocked country a country locked between China and Russia at the center of a balancing act between geopolitics and economic advance. It's an ultra modern city built and the oil riches of what is by far Central Asia's dominant economy. The key agenda will be economic policy good government is diversification of the economy diversification towards creation of a new subsectors a world economy in a different industrial dimension but also be services sector and among these be financial services. We are naturally the first country that lies to the west of China. As we go towards Europe and we have built our own infrastructure even before the initiative was launched we have built two thousand five hundred kilometers of railroads one of the key benefits for us is that we are a transit country and transit is a very good way of making money and doing business so we have diversified our transportation routes and we have provided for various alternatives not only going north west but also going SEC on Kazakhstan's border with China plans to build the world's largest dry port build on the Kazakh steppe not far from what is known as a Eurasian point of inaccessibility. That's the farthest point on Earth from an ocean. Nearly everything crosses into the West by rail from China passes. The Chinese invested into that 50 50 with us so we'd have a train now that can travel from then done in the east of China to go through China to a ghost then through Kazakhstan and to Istanbul in about two weeks some people have said that Kazakhstan will be the buckle of the belt but they are challenges before that can happen. We are prepared in terms of synchronized customs staffs and synchronized synchronized railroad tariffs. So we have not only built the hard infrastructure in those two thousand five hundred kilometers of railroads but we have also created the softest run structure if you will. Removing barriers for trade brought to you by Standard Chartered One Belt One Road one bank .

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The Center of China's Belt and Road

Our four-part special navigating China's Belt and Road Initiative continues. In this episode, we travel to Kazakhstan's capital Astana, administrative hub of the world's biggest land-locked country, at the center of a balancing act between geopolitics and economic advancement. (Source: Bloomberg)