Friday, July 13, 2018

Sino-Arab cooperation reaches new high under Belt & Road Initiative -- Egyptian ex-PM

Xinhua - 2018/7/13

The growing cooperation between China and the Arab states has reached new heights in recent years, particularly after China launched its Belt and Road Initiative (BRI), Egypt's former Prime Minister Essam Sharaf told Xinhua in an exclusive interview on Thursday.  China-Arab States Cooperation Forum (CASCF) was established 14 years ago, but its effectiveness has greatly increased and the Chinese-Arab trade exchange remarkably multiplied in the years following the BRI proposal, said Sharaf, head of Sharaf Foundation for Sustainable Development.  The eighth CASCF ministerial meeting was held Tuesday in Beijing, where China vowed to assist Arab economies and establish a future-oriented strategic partnership of comprehensive cooperation and common development.  Sharaf said that the recently held CASCF meeting has been based on the growing understanding and win-win partnership between the two sides.  "This meeting has shown that there is a present strategy for Sino-Arab cooperation with a work schedule based on the BRI. When there are clear policies and specific agendas, there become more authentic projects and cooperation under the BRI umbrella, which is very encouraging," said the former prime minister.