BRI follows int’l rules, market principles: FM

Beijing – The Belt and Road Initiative(BRI) is a global public good that follows international rules, Foreign Minister Wang Yi said Thursday.

It is an international cooperation platform that follows market principles, Wang made the remarks at a press conference on the sidelines of the ongoing annual session of the National People's Congress.

The BRI is a transparent initiative that follows the "golden rule" of extensive consultation, joint contribution and shared benefits, Wang said. "Everything is in the open," Wang told the press. "There is no backroom deal, and every step is transparent."

The foreign minister said China sincerely asks for ideas from all parties to make the BRI a success. China will work on both hardware connectivity of infrastructure and software connectivity of policy, regulation and standard. It would be high-standard and economically viable, beneficial to the world as well as to China, Wang said.

Over 140 countries participated in the Belt and Road Forum for International Cooperation last May, which is a clear vote of confidence from the international community, according to the minister.

"Monitoring Desk"

RELATED POSTS

119
OPEC daily basket price stood at US$72.79
WeBOC system is a requirement of China-Pakistan Economic Corridor: Pakistan Customs
Pakistan seals $5 billion deal to buy eight Chinese attack submarines
Chinese envoy proposes trilateral China-Pakistan-India summit
ADM, Musanada complete phase 4 of infrastructure & internal roads project in Al Falah
India’s muscular China-Pakistan policy is the way to go, but prepare for turbulence
Malaysia reviews China infrastructure plans
World Bank approves debt for 400 MW of solar in Pakistan
China working with Iran despite US pressures: Chinese analyst
India should seriously consider limited war with Pakistan: BJP leader
EU takes China to WTO over technology transfer
Ghani discusses TTP leader’s death with Pakistan
Yunnan Academy of Social Sciences (YASS) to establish Pakistan Research Centre
Pak development assistance to Afghanistan reaches $1bn mark : envoy
Investors plan push into infrastructure despite falling valuations

FOLLOW US


About Corridor.pk

Corridor.pk is Pakistan’s leading regional connectivity media & communication/outreach platform, dedicated to profiling and promoting the business activities, news and views on the regionally connected business corridor across OBOR. 

     

Addional Information

 Ethics Policy     Advertise
 Terms & Conditions
 Contact Us