Syria Joins China's Belt & Road Initiative
NEWS AGENCY:
Xinhua News Agency
DATE OF NEWS:
January 13, 2022
On Wednesday February 9th, Syria joined China's Belt and Road Initiative (BRI), in a move which is certain to help Syria open broad horizons of cooperation with China and other countries.
The ceremony of Syria's admission into the initiative took place at the Planning and International Cooperation Commission in the capital Damascus and was attended by Fadi Khalil, the head of the commission, and Feng Biao, China's ambassador to Syria. During the event, both sides signed a Memorandum of Understanding (MoU) on Syria joining the BRI.
Khalil said the admission of Syria into the initiative revives the old role of Syria on the ancient Silk Road and will help in boosting bilateral cooperation with China and multilateral cooperation with other countries, which are desirous of cooperating with Syria.
The BRI, proposed by China in 2013 comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road and aims to build a trade, investment, and infrastructure network connecting Asia with other parts of the world along the ancient Silk Road trade routes and beyond.
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