Thursday, May 11, 2017

UAE strongly supports China's Belt and Road Initiative

Xinhua - 2017-05-11

The United Arab Emirates (UAE) strongly supports China's Belt and Road Initiative, said UAE Minister of State Sultan Ahmed Al-Jaber.[Special coverage]
"The UAE strongly supports this initiative, which will foster economic growth and security both regionally and globally," Al-Jaber told Xinhua in an interview ahead of the Belt and Road Forum for International Cooperation scheduled for Sunday and Monday in Beijing.
Al-Jaber, who is also CEO of the biggest government-controlled UAE firm Abu Dhabi National Oil Company (ADNOC), believes that the forum serves as an important milestone in implementing the Belt and Road Initiative, which is China's historical effort to "transform the economies of the old Silk Road, strengthen links between them and better connect them to the rest of the world."
Al-Jaber praised the "substantial progress" made with regard to the initiative since China proposed this far-sighted project in 2013.