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Transforming Lao PDR from a Land-locked to a Land-linked Economy The Lao-China Railway is part of China’s Belt and Road Initiative (BRI). With the right reforms undertaken by the Lao government, the. China’s Belt and Road Initiative (BRI) could speed up economic development and reduce poverty for dozens of developing countries—but it must be accompanied by deep policy reforms to mitigate risks. Mar 11, 2019 · Belt and Road Initiative (BRI) infrastructure projects are expected to cut trade costs and enhance foreign investment in Central Asia and South Caucasus countries. A key issue for countries.