Middle East > Armenia > China calls for closer cooperation with Eurasian countries via Belt and Road Initiative

Armenia: China calls for closer cooperation with Eurasian countries via Belt and Road Initiative

2015/09/30

China is ready to integrate the Belt and Road Initiative with development strategies of Eurasian nations, a national councilor said on Thursday.

In his address to the 2015 Euro-Asia Economic Forum in Xi'an, capital of Shaanxi Province, National Councilor Wang Yong said Eurasia is the core area of the Belt and Road.

The initiative is an opportunity for the construction of a community of shared destiny, said Wang.

He made four suggestions, inclunding building trust and respecting each other's core interest.

Wang as well called for better infrastructure and cooperation on education, science and technology, tourism, medicine and youth exchanges.

Armenian Prime Minister Hovik Abrahamyan, Nepali Vice President Paramananda Jha, Cambodian Deputy Prime Minister and Minister of Foreign Affairs Hor Nam Hong, the Shanghai Cooperation Organization Secretary-General Dmitry Mezentsev, and the honorary president of the organizing committee of the Euro-Asia Economic Forum Chen Yuan attended the opening ceremony.

Related Articles
  • UNWTO: International tourism – strongest half-year results since 2010

    2017/09/09 Destinations worldwide welcomed 598 million international tourists in the initial six months of 2017, some 36 million additional than in the same period of 2016. At 6%, increase was well above the trend of recent years, making the current January-June period the strongest half-year since 2010. Visitor numbers reported by destinations around the world reflect strong request for international travel in the initial half of 2017, according to the new UNWTO World Tourism Barometer. Worldwide, international tourist arrivals (overnight visitors) increased by 6% compared to the same six-month period last year, well above the sustained and consistent trend of 4% or higher increase since 2010. This represents the strongest half-year in seven years.
  • Crimea: Circumventing Trade Sanctions Via Novorossiysk

    2017/07/08 Despite trade sanctions, Crimea is maintaining connections to international markets. Crimean traders are performing some logistical gymnastics to skirt sanctions, in particular transiting goods through the Russian port of Novorossiysk. On paper, of course, Crimea is experiencing a severe trade crisis. Official statistics indicate that Crimea’s import volume in 2016 shrank by a full third compared to the 2015 level, a drop of $33.6 million. Exports fell by $31.8 million, a 40-% decline from 2015. The city of Sevastopol, which is not formally part of the Republic of Crimea, reported a 12.6 % fall in its imports and 66.8 % fall in its exports in the same period, with volumes shrinking to $33.4 million and $5.9 million, respectively.
  • Higher earning Why a university degree is worth more in some countries than others

    2016/12/11 A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree. The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
  • President Sargsyan Says Armenia Won’t Be Solving Problems With Guns Or Violence

    2016/09/01 In the aftermath of the siege of Yerevan police station, Armenian leader Serzh Sargsyan held a conference with the representatives of different segments of society – cultural figures, representatives of healthcare, mass media, public and political figures, members of the Public Council, inclunding the representatives of legislative and executive bodies, heads of the standing bodies and Armenian clergy headed by the Catholicos of All Armenians.
  • Eurasian Economic Union And Pakistan-Belarus Free Trade Engagements

    2015/12/03 The newly created Eurasian Economic Union (EEU) has in a little while got the momentum as an economic hub for the nations of the region. The EEU includes Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia as its members, whereas; the Organization is a continuation of contemplation for establishing the integration projects by the Belarus, Kazakhstan, and Russia since 2007. The Organization fundamentally promotes the ideas of streamlining the flow and transportation of services and goods between the member states, therefore, it greatly attracts the interests of a lot of stakeholders and according to the Russian Ministry of Economic Development, a lot of international organizations and the economic giants like China has shown great interest in the creation of free trade zones through the EEU. The present political and economic importance of the South and Central Asian region along with free trade and economic potential across the Eurasian region greatly appeals almost each regional and international country, whether may they be developed or developing country seems eager approaching in bilateral and multilateral engagements with these organizations and the states in the region. The cooperation that is vital to the a lot of states’ national interests consists of the fields of security, economic, energy, bilateral, free trade, scientific education and cultural interactions. Most particularly, the Russian Federation and China have leading ambitious roles in region’s economic and infrastructural developments. In addition, the growing significance of the Shanghai Cooperation Organization (SCO) in the present scenario has further enabled China and Russia to become a dominant player on the world economic and political arena. This in turn has as well provided small or developing nations to benefit from the mutual benefit efforts of the SCO, EEU and other forums for their industrialization and national economic development goals.