Silk Road Project Vital for World Economy, Peace
World Economy

Silk Road Project Vital for World Economy, Peace

Chinese initiative “One Belt, One Road” is aimed at achieving peace, and that’s why it is closely linked with UN goals and principles, the UN Secretary General Antonio Guterres said, Ria Novosti reported.
“This project is set for uniting people, it is being created not only for development but also for the sake of achieving peace. This is why the initiative is so closely linked to the UN program of action aimed at achieving stable development and lasting peace,” Guterres said in an interview with CGTN channel.
Despite the advantages of the Chinese initiative, opinions about it differ, some politicians and experts say that Beijing is trying to strengthen its geopolitical influence through “One Belt, One Road” project.
Asked about his personal view on China’s goals, the secretary general responded that the advantage of this project is that it is a win-win for everyone, both China and others.
“To date, China is the driving force of the world economy, and there is mutual benefit. If China helps some country develop its economy, Beijing will also benefit, this is a win-win situation for both sides,” he said.
He added that, undoubtedly, all these projects are considered as a means of promoting Chinese investment, trade and welfare, this is true. “But this is just a win-win situation, when you try to help others get rich and at the same time you are getting richer. If everyone does the same, this world will become much better,” Guterres said.
A high-level forum on international cooperation within the framework of the “One Belt, One Road” strategy was held in Beijing on May 14-15.  The event is attended by presidents and premiers from  29 countries.
The multibillion-dollar Silk Road project was initiated by President Xi Jinping in 2013 with the aim to connect China with Europe and strengthen cooperation between Asia and Africa.
The strategy includes two key areas of development such as economic belt of the Silk Road and the Sea Silk Road. It is about creating a trade corridor for direct supplies of goods from East to West on

Short URL : https://goo.gl/V0o8bD
  1. https://goo.gl/9ASFLD
  • https://goo.gl/jwUYYn
  • https://goo.gl/4bo8bf
  • https://goo.gl/g0C4dj
  • https://goo.gl/5CgUDs

You can also read ...

Big Data, Online Markets Can Lead to Higher Prices
Information technology is not just transforming markets; it is...
Air India Sale Hangs in Balance
Uncertainty hangs over the Indian government's plans to sell...
Liu He (L) and Steven Mnuchin after the joint statement to avoid a trade war.
With "minutes to midnight", the great US-China trade war...
Italy could set the stage for the bloc’s next crisis if it delivers on its tax-cutting and high-spending policies.
Capital investment in 24 of the EU’s 28 member states has...
A meeting of eurozone finance ministers is set for June 21.
Greece’s creditors have agreed a program of reforms as the...
Bangla Trade Deficit Doubles
Bangladesh’s trade deficit has almost doubled within 12 months...
Egypt Gets Bids for Power Plant
Egypt next week will announce the winning consortium to build...
Cumulative gross financing needs could amount  to $69.3 billion for 2018 for the six-nation group.
While public debt levels remain at manageable levels for most...

Add new comment

Read our comment policy before posting your viewpoints