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BRI Participating Countries Reap Benefits After 6 Years Joint Construction

Infra News - Published on Tue, 17 Sep 2019

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Xinhua reported that since China launched the Belt and Road Initiative in 2013, 6 years' joint construction with participating countries has not only brought remarkable progress to regions along the routes, but also helped speed up global cooperation. Chinese President Mr Xi Jinping said at the Second Belt and Road Forum for International Cooperation in April, we shared the view that cooperation under the BRI has opened a gateway to opportunities for common prosperity. As his words still echo, the joint Belt and Road construction is benefiting a bigger population and has been welcomed by more countries.

Centuries ago, lucrative silk trade was carried out by caravans across sun-scorched deserts between the two ends of the Eurasian continent. Another merchant route was established on sea, linking China, Southeast Asia, the Indian subcontinent, and finally Europe and Africa. Traders and explorers traveled back and forth along the land and sea routes, facilitating commerce and contact between East and West. History has left more than just the paths. Inspired by the legacy of these historical commercial routes, in 2013, China proposed the BRI, an initiative which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road.

The grand vision for common development through greater connectivity among countries and regions has won applause and support from across the world. So far, 126 countries and 29 international organizations have signed cooperation agreements with China on jointly building the Belt and Road. Two BRI forums for international cooperation have successfully been held in Beijing with broad consensuses and fruitful outcomes. Numerous programs under the framework are underway.

Over the past six years, the developing countries in particular have witnessed remarkable upgrades to their infrastructure. Smooth progress is underway in China-Laos Railway and China-Thailand Railway projects. The Nairobi-Mombasa railway funded and built by China has carried more than 2.5 million passengers and nearly 3.9 million tons of cargo since its launch in May 2017.

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Posted By : Rabi Wangkhem on Tue, 17 Sep 2019
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