Economic news

Europe's countries ready for Belt and Road MoU on terms

German Economy Minister Peter Altmaier during the international forum “One Belt - One Way,” said on Friday that many European Union countries are not opposed to sign a general agreement on this project, and not separately for each country, but China remains the strongest competitor for Germany in particular and for Europe as a whole.

silk way mou 2604Photo: Pixabay

So, the main European countries have expressed a desire to participate in the program of China to recreate the Silk Road, which will connect China, Asia and Europe, but Germany and France insist on fair competition for foreign companies. Recall that the first country in Western Europe, which supported the initiative of China, was Italy, despite the warnings of Rome regarding Beijing.

The Minister said that he was encouraged by the promise of Chinese President Xi Jinping to pursue free, multilateral and sustainable trade under this program.

“We will take this promise seriously” and make suggestions on how to achieve these goals in both Asia and Europe, Peter Altmaier added.

To leave a comment you must or Join us

More news

Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree