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China to hold 3rd Belt and Road Forum on Tuesday

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China to hold 3rd Belt and Road Forum on Tuesday
China to hold 3rd Belt and Road Forum on Tuesday

BEIJING, 16th October, 2023 (WAM) — China will host the third Belt and Road Forum for International Cooperation from 17th to 18th October in Bejing. The Forum will commemorate the 10th anniversary of the Belt and Road Initiative (BRI) and will be a crucial platform for relevant parties to advance high-quality cooperation.

Initiated in 2013 by Chinese President Xi Jinping, the BRI is a visionary project that aims to promote economic cooperation among countries along the ancient Silk Road routes, reported People’s Daily Online. The initiative seeks to create railways, roads, ports, and pipelines network, connecting Asia with Europe, Africa, and beyond.

The BRI is a multifaceted initiative that includes policy coordination, trade facilitation, financial integration, and people-to-people bonds.

The upcoming Forum promises engaging discussions, knowledge-sharing, and collaboration among participating countries and international organisations. The BRI stands as a testament to the power of international cooperation. As the forum approaches, the global community eagerly anticipates the opportunity to build upon the initiative’s successes, fostering a future of shared prosperity, mutual respect, and enduring collaboration among nations.

Representatives from over 130 countries and 30 international organisations are poised to convene in Beijing. One of the key aspects of this summit is the esteemed presence of world leaders. Leaders from diverse nations representing various cultures, economies, and political ideologies are expected to attend and actively participate in the discussions.

The upcoming Forum aims to strengthen existing partnerships and cultivate collaborations among participating countries, address common challenges like climate change, poverty, and healthcare, promote joint efforts and knowledge sharing, and facilitate cultural exchanges and people-to-people connections.

Moreover, the Forum will likely witness the signing of numerous agreements and Memoranda of Understanding (MoUs) between participating countries and organisations, reflecting a shared commitment to enhancing cooperation, trade, and investments and, in turn, promoting mutual prosperity and development.

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