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China signs cooperation agreements with 68 nations, int’l bodies

China: So far, 68 countries and international organisations have signed multilateral agreements with China on cooperation in building the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

President Xi Jinping gives a press conference.

Chinese President Xi Jinping delivered this information in Beijing on Monday at a press conference held at the close of the two-day Belt and Road Forum for International Cooperation.
More than 100 countries and international organisations supported China and last month statistics revealed that over 40 countries had signed cooperation agreements with China, since the initiative was put forward by President Xi in 2013.
“China expresses confidence in the future of the Initiative - the Belt and Road will surely be turned into a road of peace, prosperity, opening up, innovation, and connection to civilisation,” he said.
President Xi also announced on Monday that China will host the second Belt and Road Forum for International Cooperation in 2019.
He thanked the friends of China and international media agencies who had been working very hard to cover and work on the Belt and Road Forum for International Cooperation from the outset.
“You have recorded many moments, made the voice of the belt and road cooperation louder and wider, and let the world see the progress of the Belt and Road Initiative,” the president said.
On Sunday the opening session saw high level dialogue when heads of state and government and leaders of international organisations were joined by representatives of governments and businesses from over 100 countries.
“In a friendly atmosphere we focused our Belt and Road development for international cooperation and many good ideas were suggested,” President Xi added.
The next step will be to seek deeper and broader cooperation under the Belt and Road Initiative framework, and China hopes the initiative will boost economic growth for participating countries and intensify people-to-people bonds.
According to a list of deliverables under the Belt and Road Forum for International Cooperation on Monday, the Chinese government signed bilateral cooperation plans to jointly build the Belt and Road with the governments of Laos and Cambodia.
In order to expand industrial investment and enhance trade connectivity, the Chinese government has entered into agreements with the governments of 30 countries, namely Pakistan, Vietnam, Cambodia, Laos, the Philippines, Indonesia, Uzbekistan, Belarus, Mongolia, Kenya, Ethiopia, Fiji, Bangladesh, Sri Lanka, Myanmar, Maldives, Azerbaijan, Georgia, Armenia, Afghanistan, Albania, Iraq, Palestine, Lebanon, Bosnia and Herzegovina, Montenegro, Syria, Tajikistan, Nepal and Serbia.
The Export-Import Bank of China also signed loan agreements on industrial park projects, projects for power transmission and distribution, wind power, water, dams, satellite and hydraulic factory projects with government departments from Belarus, Cambodia, Ethiopia, Laos, Kenya, Mongolia and Pakistan.

 

By Khonesavanh Latsaphao
 
(Latest Update May 17, 2017)

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