China's Xi Jinping confident in future of new OBOR effort

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China's Xi Jinping confident in future of new OBOR effort

What kind of dialogue is a meaningful dialogue.

China wants to revive the network of silk-trade routes across the ocean and land of centuries past.

India on its part has already boycotted the Belt and Road Forum (BRF) held from May 14-15. The meeting was attended by 29 world leaders, including Pakistan Prime Minister Nawaz Sharif.

(Web Desk) - A Chinese daily named Global Times published an editorial on Tuesday telling how successful the One Belt One Road Forum for International Cooperation was. "Our ideas and actions are clear to all, and you can see that from the response from the worldwide community". She added India is always welcome to join the BRI but it depends on the country's attitude towards the mega-connectivity project.

As per media reports, a few European countries have also expressed their reservations and refused to sign on the agreement under New Silk road. "If they have the answer, they can give me an answer in a public or private way".

Beijing is willing to maintain communication with Rome on major global issues, and hopes Italy can play a positive role within the European Union in order to safeguard development of China-EU ties, he said.

Kayonga said the belt and road initiative the vision of Africa's Agenda 2063, which aims to integrate the continent and to develop sustainable economies.

Xi, who was seated next to Russian President Vladimir Putin, was speaking at a convention centre by a lake in northern Beijing on the summit's second and final day.

Pointing out that enhancing physical connectivity should bring greater economic benefits to all in an equitable and balanced manner, he said, "We are working with many countries and worldwide institutions in support of physical and digital connectivity in our own immediate and near neighbourhood".

Australia would only benefit by embracing the Belt and Road Initiative, as it would allow the Australian government to take advantage of new opportunities to help grow the local economy.

The CPEC has emerged as a thorny issue between India and China, whose ties have been under strain over issues including Beijing blocking New Delhi's bid for the Nuclear Suppliers Group and Tibetan spiritual leader, the Dalai Lama's visit to Arunachal Pradesh in northeast India last month.

"We endeavor to promote a universal, rules-based, open, non-discriminatory and equitable multilateral trading system with WTO at its core", the statement said.

"The European Investment Bank, the EU Bank, recognises the potential of the Belt and Road Initiative to promote economic growth and strengthen worldwide cooperation". Since jettisoning the Trans-Pacific Partnership - the Obama administration's trade treaty meant to insinuate the U.S. at the center of Asian trade - the Trump administration has offered no answer to One Belt, One Road.

"We reached the consensus, set the way forward, and outlined an action plan", Xi told reporters.

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