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UAE Ambassador to China: Belt and Road: A Sustainable Vision for a Bright Future

Beijing\media IN 22-05-2019 / WAM
China’s Ambassador to the People’s Republic of China confirmed that the Forum “Belt and Road 2” for international cooperation, which was held in Beijing last April, marked the beginning of a new stage of the initiative of the belt and road, accompanied by a series of developments that were painted in the future promising and bright for the countries and peoples under this initiative. Pointing out that the sessions of the Belt and Road Forum revealed the volume of achievements and developments since the launch in 2013.
He said these developments were confirmed by the presence of 37 leaders of countries who participated in the Forum “Belt and Road 2” for international cooperation, which ended in Beijing late last month, while the number in its first version two years ago 29 leaders.
He added: “It was evident in the Forum Forum how the participants acquired the imagination of the participants, which was the international cooperation and the common future, and there was a state of optimism among the delegations of developing countries looking forward to the transformation of their country if they engage in this initiative.” The Italians expressed their desire to cooperate with China in investing in African countries and others, especially by providing reasonable solutions to the problem of migration in Europe.
He noted that a World Bank report on the Belt and Road Initiative confirmed that international cooperation in the Belt and Road Initiative would reduce global trade costs by 1.1% to 2.2% and contribute at least 1% to global growth in 2019.
The ambassador said investments associated with the EITI programs could help lift 8.7 million people out of extreme poverty and 34 million others from moderate poverty in different countries.
He pointed out that the UAE’s relationship with the People’s Republic of China has long been characterized by steadfastness in the principles of friendship, mutual interests and mutual benefit for both peoples. On the economic front, the two countries adopt a pragmatic approach based on trust, transparency and mutual interests. China sees the UAE as its ideal gateway to export 60% of its goods to the Middle East And Africa, supported by some 4,000 Chinese companies resident in the UAE.
He noted that China is the second largest trading partner of the UAE. Trade between the two countries has doubled over the past five years, demonstrating the rapid development of economic relations between the two countries in a short period of time marked by a marked slowdown in economic growth.
According to the Ministry of Economy’s statistics on foreign trade, the UAE is ranked among the top 17 countries of China’s exports worldwide. The Arab countries are in the first place with 29% of China’s trade with the Arab countries. Middle East and South Africa by up to 26%.
He added that the Belt and Road Initiative has a broad vision and a flexible and attractive spirit for all countries of the world, and we can recognize its breadth by linking it to 65 countries in Asia, Europe and Africa, covering about 63% of the world population and 29% of world output. Poor and medium.
Over the past six years, the volume of trade in goods between China and the countries and regions along the Belt and Road Initiative has exceeded $ 6 trillion, the investment has exceeded $ 80 billion and 82 joint foreign cooperative areas have provided about 300,000 jobs in local areas, Opportunities for the full development of all countries, and made their peoples feel better.
China’s ambassador to China stressed that the road and road initiative offers a positive approach to international cooperation in all its aspects, based on a principled approach, which can be called a more friendly and cooperative idea or platform rather than a binding restrictive treaty organization. It offers acceptable and reasonable standards for developing countries through The collective and participatory approach, which gave the Belt and Road Initiative more practical and global significance than any project the world has seen throughout history.

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