Belt & Road Initiative, talked about at the 2019 Euro-Asian Economic Forum

17/09/2019

 

The international event was attended by politicians, businessmen and scholars from over 50 countries around the world, including Germany, France, Kazakhstan and Pakistan

 

More than 50 European and Asian countries have come together to discuss cooperation and development on the Belt & Road Initiative. The 2019 Euro-Asian Economic Forum, which began on September 10th in Xi’an and focused on participation in the Belt & Road Initiative, aims to facilitate high-level cooperation and robust development.

The international event was attended by politicians, businessmen and scholars from over 50 countries around the world, including Germany, France, Kazakhstan and Pakistan.

 

The main objective of each discussion was to promote partnerships between countries

 

The forum, which began with an opening ceremony, saw a plenary session and 10 parallel sessions covering a variety of topics such as finance, ecology, cultural tourism, meteorology, science and technology.

The main objective of each discussion was to promote partnerships between countries, international organizations, large companies and local governments, capitalizing on the diversified and multilevel dialogue between the participants.

In Xi’an, where the ancient Silk Road started, the participants of the various countries illustrated the results achieved since the beginning of the Belt & Road Initiative, exposing the changes obtained in terms of economic development and improvement of the standard of living.

“The Belt & Road Initiative has offered new opportunities and prospects for cooperation for our country,” said Zinaida Grechanii, president of the Moldovan parliament, who added: “Scientific and technological innovation has transformed China from a factory into a world laboratory. We hope to further connect Europe with Asia, relying on deeper cooperation “.

 

The Eurasian Economic Forum was held for the first time in 2005

 

The Eurasian Economic Forum was held for the first time in 2005 and has been organized every two years since then. The international platform has grown to become one of the most important for China and other countries participating in the Belt & Road Initiative.

To date, in fact, it has allowed over 70 Sino-foreign cooperation projects to see the light. Among these are the Energy Club, the New Century Urban Development Fund and the construction of the transnational digital library.

Furthermore, the Belt & Road Initiative is showing its effects on the global economy. By the end of 2017, in fact, according to the BRITT report, the volume of trade between countries and regions involved in the Belt and Road initiative represented 13.4% of global trade volume and 65% of the volume of trade in the Union European.

 

 

MORE ON THIS TOPIC

Leave a Reply

Your email address will not be published. Required fields are marked *