Monday, December 14, 2015

China, UAE pledge to boost Belt and Road cooperation

CCTV.com  12-15-2015

Hailing the ever-growing ties between China and the United Arab Emirates (UAE), Xi said China regards the UAE as a good friend and partner in the Gulf region and will enhance the strategic partnership between the two countries.
Xi said the two sides should boost practical cooperation within the framework in pursuit of reciprocity and common development.
"China is ready to speed up policy and project alignment with the UAE," Xi said, stressing industrial cooperation in energy, infrastructure, trade and investment, and astronautics.
Xi said the joint investment fund is a highlight of cooperation between the two countries. Xi and Sheikh Mohamed witnessed the signing of a memorandum on the fund after their meeting at the Great Hall of the People.
Xi said China is willing to work with the UAE to make the Asian Infrastructure Investment Bank (AIIB) a financing platform that generates win-win results, and promotes regional connectivity and economic development.
The president was also upbeat over trilateral cooperation with the UAE in Africa and closer security cooperation with the country.

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