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Heads of Russia, China to Discuss Silk Road Economic Belt in May

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  • Heads of Russia, China to Discuss Silk Road Economic Belt in May

    Heads of Russia, China to Discuss Silk Road Economic Belt in May

    (c) Sputnik/ Mikhail Mettsel
    POLITICS
    01:45 29.03.2015(updated 02:35 29.03.2015) Get short URL

    Russian First Deputy Prime Minister Igor Shuvalov said that the
    prospects of Russia-China cooperation in the implementation of the
    Silk Road Economic Belt project will be discussed by the heads of the
    two countries during a visit of Chinese President Xi Jinping to Moscow
    in May.

    MOSCOW (Sputnik) - The prospects of Russia-China cooperation in the
    implementation of the Silk Road Economic Belt project will be
    discussed by the heads of the two countries during a visit of Chinese
    President Xi Jinping to Moscow in May, Russian First Deputy Prime
    Minister Igor Shuvalov has announced.

    "We announced this [plan] today and said that we will cooperate with
    China and other countries on the construction of the Silk Road
    Economic Belt," Shuvalov said in a Saturday interview with the Russian
    Rossiya 24 TV channel, adding that the project will undoubtedly create
    new investment opportunities for Russia.

    According to the deputy prime minister, talks on the project will be
    held in May and in June, during the St. Petersburg International
    Economic Forum.

    "This format is suggested to be discussed on the political level, and
    our leaders will definitely discuss this topic on May 8, in Moscow,"
    Shuvalov said.

    (c) FLICKR/ ERIC
    Russia Welcomes China's Silk Road Economic Belt Initiative

    The Silk Road Economic Belt stipulates the implementation of multiple
    energy and infrastructure projects in various countries, including the
    construction of new railroads, highways and industrial parks that will
    start in the coming years. This will facilitate the flow of goods from
    the East to the West on preferential terms.

    "All counties willing to participate could be included, they are being
    included in this cooperation so that a variety of infrastructure and
    economic possibilities are created for the participants of the
    business project," Shuvalov said, adding that the Silk Road Economic
    Belt will create new opportunities together with the Eurasian Economic
    Union (EEU).

    The EEU is an international organization aimed at regional economic
    integration. The union facilitates the free movement of goods,
    services, capital and labour on the territories of its member states.

    Current EEU member countries include Russia, Armenia, Belarus and
    Kazakhstan, with Kyrgyzstan expecting to obtain membership shortly.

    The Silk Road Economic Belt project was initiated by Chinese President
    Xi Jinping in 2013 seeking to boost cooperation between China and
    Central Asia. The Silk Road projects, numbering in the hundreds, will
    be implemented in several regional states, including Kazakhstan,
    Kyrgyzstan, Tajikistan and Pakistan.


    http://sputniknews.com/politics/20150329/1020153521.html#ixzz3VkXit13C



    From: Emil Lazarian | Ararat NewsPress
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