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Canal Istanbul: Turkey's controversial megaproject; its likely impacts on the Montreux Convention and regional stability
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Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit
Abstract On June 26, the Turkish government began constructing the first bridge over Canal Istanbul, the huge waterway project designed to run parallel to the Bosporus Strait. Ankara has presented the megaproject as a strategic move that will turn Turkey into a logistics base and grant it geo-political lever... view more
On June 26, the Turkish government began constructing the first bridge over Canal Istanbul, the huge waterway project designed to run parallel to the Bosporus Strait. Ankara has presented the megaproject as a strategic move that will turn Turkey into a logistics base and grant it geo-political leverage over both regional and international trade and transportation routes. However, Turkey’s political opposition considers Canal Istanbul to be a rent-seeking project designed to attract international - probably Chinese and Arab - investment in the hope of reviving Turkey's deteriorating economy. The Canal may also affect the Montreux Convention, the decades old treaty that governs the Turkish Straits. Given the rivalry between the US and Russia, questions around the Montreux Convention will add another point of contention, increase tensions and may also present serious consequences for Turkey. (author's abstract)... view less
Classification
International Relations, International Politics, Foreign Affairs, Development Policy
Free Keywords
Türkei; Bauvorhaben; Wiederaufbau; Brücke; Kritik an der Regierung; Missachtung; Internationale Vereinbarung; Geopolitische Faktoren; Geostrategische Lage; Energietransport
Document language
English
Publication Year
2021
City
Berlin
Page/Pages
8 p.
Series
SWP Comment, 43/2021
DOI
https://doi.org/10.18449/2021C43
ISSN
2747-5107
Status
Published Version; reviewed
Licence
Deposit Licence - No Redistribution, No Modifications