28 Dec 2024
Thursday 25 April 2019 - 17:14
Story Code : 346533

Confab on Belt and Road Initiative opens with 110 states taking part

Confab on Belt and Road Initiative opens with 110 states taking part
IRNA The second international conference on Belt and Road Initiative started work in Beijing on Thursday in presence of Iranian delegation and representatives from 110 states.

It was in 2013 that the Chinese President Xi Jinping introduced the 'One Belt, One Road' initiative, a plan to link China with Asia, Africa and Europe via a network of ports, railways and roads.

Since March 2019, 125 countries and 29 international organizations have signed 173 agreements on the goals of the Silk Road economic belt.
To deal with the process of developing the regional countries' port cities in line with revival of Silk Road, Iran will be an economically ideal choice because of its southeastern Chabahar Port as a great trade zone for international interactions.

Iran can also deliver its domestic products to the target markets more quickly through the new Silk Road.

So, Iran, enjoying appropriate capacities to transfer energy to South and East Asia through its maritime routes, can also be an important gate for great eastern economic traders like India and China.

The Belt and Road Initiative conference will work for three days.
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