China pledges support for global development

China pledges support for global development



5/15/2017 0:00

Baghdad / follow - up to the joy of pumice
promised Chinese President Xi Jinping to allocate $ 124 billion plan for the new Silk Road to be a path to peace and reunification and free trade, which promise as a way to support a new global development.
In a related context found economic expert D.magd the picture in previous statements "morning" that Iraq has a very important geographical location, it can be a link or conduit for goods and commodities between the regional countries, Asia, Europe and the rest of the world, as was the Silk Road in ancient times .
And he saw that the picture of these trends support the economic process in Iraq, but it needs a regional and international cooperation to achieve positive results in the benefit of these projects, they returned them "mutual interests" and "common" for all, aimed at reducing the cost and strengthen strategic relations between Iraq and other countries .
China is promoting what it calls a formal initiative "one belt - one road," since the Ping unveiled an ambitious plan in 2013 in order to strengthen links between Asia, Africa, Europe, and beyond , through investments in infrastructure worth billions of dollars.
Gives the most important diplomatic event in China this year, the top Silk Road Project, Chinese President Xi Jinping , a new opportunity to strengthen China 's ambitions to lead the world, while US President Donald Trump promoted the principle of "America first" and calls into question the current global free trade initiatives such as "NAFTA" .
Ping said at the opening of the summit, the two - day and attended by leaders of 29 countries: " We must build a platform open to cooperation and support of a free world economy and work to grow," adding that "the world should enhance multilateral trade and the establishment of free trade zones system." Support the development and continued that the world should create the conditions for free development support and encourage the development of "fair, acceptable and transparent global trade and investment rules," returned trade "engine" important for economic development. Systems And "single strap - one way" is an ambitious initiative that aims to develop and establish trade routes and economic corridors linking more than 60 countries, including the construction of networks of railway and pipeline oil and gas lines , electric power and the Internet and the infrastructure freely, boosting China 's communication European and African continent. One point "belt" to a place historically known as the ancient silk road, which is a network of trade routes passing through South Asia , linking China to the countries of South and East Asia and the Middle East, leading to Turkey. The "one - way" refers to the sea route freely inspired by a trip Admiral "zing hee", which sailed a fleet of ships to Africa in the fifteenth century, and is a symbol of the originality of the Chinese Navy. He pledged Ping funding a huge new Silk Road includes an additional 100 billion yuan (14.50 billion US dollars) to fund the existing Silk Road, and 380 billion yuan in loans from two banks large, and 60 billion yuan in aid to developing countries and international institutions in the countries of the new Silk Road. Increased funding and besides will encourage Chinese President financial institutions to expand financing activities denominated in overseas up to 300 billion yuan, especially China was established under the "one belt - one way" investment fund with a capital estimated at billions of dollars to finance projects. While stressing the Chinese Minister of Commerce Zhong Shan during the Special Summit of the new Silk Road project that Beijing will import products Petrellna dollars from participating in the belt initiative and the road over the next five years states.


http://www.alsabaah.iq/ArticleShow.aspx?ID=137077