Lithuania quits China’s “17+1 cooperation forum”

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What is the News?

Lithuania has pulled out of China’s 17+1 cooperation forum with central and eastern European states.

About 17+1 cooperation forum:

  • The 17+1 cooperation forum is a China-led initiative founded in the year 2012.
  • Aim: The aim is to expand cooperation between China and the Central and Eastern European(CEE) member countries. This is done through investments and trade for the development of the CEE region.
  • The initiative also focuses on infrastructure projects such as bridges, motorways, railway lines and the modernisation of ports in the member states.
  • Significance: The initiative is largely seen as an extension of China’s flagship Belt and Road initiative (BRI).

About Lithuania:

  • Lithuania is a country in the Baltic region of Europe. Its capital and largest city is Vilnius.
  • It is one of the Baltic States and lies on the eastern shore of the Baltic Sea.
  • Border Countries: Sweden, Denmark, Latvia Belarus Poland and Kaliningrad Oblast of Russia.

Source: The Hindu

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