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Vladimir Zinovsky

One Belt, One Road is becoming a brand of Europe-Asia economic cooperation

Opinions 12.05.2017 | 16:15
Vladimir Zinovsky Vladimir Zinovsky Economy Minister of the Republic of Belarus

The One Belt, One Road initiative is gradually becoming a kind of a brand name for the advancement of primarily economic cooperation between European and Asian countries. The opinion was voiced by Belarusian Economy Minister Vladimir Zinovsky in an exclusive interview with the Chinese news agency Xinhua, BelTA has learned.

The minister is convinced that the growth of the global economy is slowing down and in these conditions the One Belt, One Road initiative represents a new source for invigorating the economic development of the countries located along the new Silk Road and the entire region as a whole.

Vladimir Zinovsky said he believes that friendly relations between Belarus and China, the achieved level of comprehensive strategic partnership and mutually beneficial cooperation allow one to conclude that Belarus is one of the most important partners of China in implementing the project for building the economic belt of the Silk Road. In his opinion, Belarus' participation in implementing the Silk Road Economic Belt concept will contribute to the inclusion of Belarusian companies into global manufacturing chains, which have been created by China. It will also help promote Belarus-made products to foreign markets.

Vladimir Zinovsky also noted that a high-level forum will be held in Beijing on 14-15 May to discuss international cooperation as part of the One Belt, One Road initiative. The forum is supposed to offer an excellent venue for discussing topical problems and determining new prospects of comprehensive cooperation.

“As far as the summit is concerned, for a long time the world has been waiting for a venue where China will gather all the interested nations. This is why it comes as no surprise that over 60 countries and international organizations have stated they will participate in the forthcoming summit,” said Vladimir Zinovsky.

It is important that the summit will comprise a plenary session and six panel sessions. The latter will be dedicated to discussing matters of economic and financial cooperation, investments, free trade, infrastructure, power engineering, and environment.

“The dialogue will be supervised by the National Development and Reform Commission of China and the Commerce Ministry, with which we actively cooperate and consult about Belarus' participation in implementing the Silk Road Economic Belt concept. The exemplary and strategic Chinese-Belarusian cooperation project — the industrial park Great Stone — occupies a central place in the concept. The park is supposed to become a nodal platform in the revived Silk Road and an international business hub,” stated the Belarusian economy minister. “The summit in Beijing will offer an excellent opportunity for discussing topical matters and for determining new cooperation prospects, including in the Great Stone park, on bilateral terms and within the framework of the joint efforts to build the Silk Road Economic Belt.”

Vladimir Zinovsky said he believes that the fact that Belarus has been invited to partake in the forum confirms China's interest in advancing and bolstering the bilateral contacts and in advancing cooperation in integrating the Eurasian Economic Union and the Silk Road Economic Belt project.

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