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New Silk Road linking China to west Europe to be completed within 10

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  • New Silk Road linking China to west Europe to be completed within 10

    New Silk Road linking China to west Europe to be completed within 10 years

    Agence France Presse -- English
    October 27, 2004 Wednesday 5:18 AM GMT

    BEIJING Oct 27 -- A new Silk Road connecting China's hinterland with
    the industrial centers of western Europe is expected to be completed
    within 10 years, officials involved in the project were cited as
    saying Wednesday.

    The road will extend westward from eastern China through central
    Asian and European countries to the Atlantic Ocean.

    "Ten years is a reasonable goal," Antony Pearce, acting
    director-general of the International Road Federation (IRF), was
    quoted as saying by the Xinhua news agency.

    "If you look at what China has achieved in the last five years,
    it is an achievable goal."

    The IRF advocated rehabilitating the ancient Silk Road seven years
    ago to meet the increasing demand for businesses among countries
    along the route.

    China completed its section stretching 4,395 kilometres (2,724 miles)
    from Lianyungang in east Jiangsu province to Helgus in northwest
    Xinjiang region this month, cutting a two-week journey to 50 hours.

    Chaos caused by war in some regions along the road has temporarily
    delayed progress over the past five years, but officials remain
    confident of its completion within their expected timeframe.

    At present, transportation capacity of the section from Turkey
    to China, crossing Iran, Turkmenistan, Uzbekistan, Kyrgyzstan and
    Kazakhstan, cannot meet the demand.

    Pearce said the job at hand was to "connect the missing link."

    "The important thing is that this road crosses many countries, what
    we need to do is collaboration and cooperation of these countries to
    realize the goal of reconstructing this road," he said.

    Transportation ministers from Armenia, Azerbaijan, China, Georgia,
    Iran, South Korea, Kyrgyzstan, Pakistan, Tajikistan, Turkey,
    Turkmenistan and Uzbekistan are currently meeting in China to discuss
    the project.

    In a statement, they said they would exploit ways of financing from
    international institutions such as the Asian Development Bank, and
    further increase investment in transport infrastructure.

    They also agreed to create favorable trans-boundary and cross-border
    transport conditions to further remove non-physical barriers.

    Agreement was also reached to establish an open and sustainable
    integrated transport system to provide safe and reliable services
    for passengers and freight.

    Xinhua said China has already drafted several transport pacts with
    central Asian countries.

    With rapid development in China and other central Asian regions,
    Europe is increasing turning its eyes towards their markets, and a
    road network is seen as vital to transport goods.

    The Silk Road has a history of more than 2,000 years and served as
    an important bridge for economic and cultural exchanges between the
    East and the West.

    It connected the ancient Chinese, Indian, Persian, Arabic, Greek and
    Roman civilizations.
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