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UAE's Heads to 4th Belt and Road Initiative Summit in Hong Kong

Infra News - Published on Fri, 13 Sep 2019

Image Source: gulf_news
Gulf News reported that an economic and trade delegation from the UAE will participate in the 4th Summit of the Belt and Road Initiative in Hong Kong on September 11 and 12, in the presence of government delegations from 80 countries. The UAE delegation will be chaired by Mr Abdullah Al Saleh, Under-Secretary of the Ministry of Economy for Foreign Trade Affairs, and include representatives of government and private companies, including the Ministry of Economy, the Abu Dhabi Department of Economic Development, the Department of Transport-Abu Dhabi, the Department of Economic Development in Sharjah, Abu Dhabi Ports, Dubai Ports, Khalifa Industrial City in Abu Dhabi, Kizad, the Sharjah Research and Innovation Park, the Sharjah Investment and Development Authority, Shurooq, the Fujairah Chamber of Commerce and Industry, Etihad Aviation Group and others.

However, more than 5,000 speakers and businessmen will also participate in the summit with the government delegations, to discuss 320 investment projects being implemented in 68 countries that are currently part of the initiative while 100 exhibitors and 520 bilateral sessions will also take part. The two day summit will discuss the current status of the initiative’s projects and the role of the banking, finance, technology, innovation, creativity, infrastructure and logistics sectors in supporting the initiative.

Mr Al Saleh highlighted the importance of the UAE’s participation in the summit while pointing out that it is prioritising the initiative and is keen to actively take part in the construction of the “Belt and Road” and participate in all relevant events. The UAE is a key partner for China in implementing the initiative in the region while noting the cooperation between the two countries in developing a joint strategy, and pointing out that the Chinese initiative and the UAE’s concept of reviving the “Silk Road” complement each other and are similar.

He said that the UAE’s role in the initiative was firmly established this year, which witnessed two historic visits by His Highness Sheikh Mohammed bin Rashid Al Maktoum Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, which resulted in related agreements and projects.

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Posted By : Ratan Singh on Fri, 13 Sep 2019
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