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Will build Belt  & Road into road for peace and prosperity: President Xi

Will build Belt & Road into road for peace and prosperity: President Xi

May 14, 2017

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Will build Belt & Road into road for peace and prosperity: President Xi

Zahid ImranbyZahid Imran
May 14, 2017
in National
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Will build Belt  & Road into road for peace and prosperity: President Xi

Prime Minister Nawaz Sharif being received by Chinese President Xi Jinping on his arrival at the Great Hall of People in Beijing on Sunday. - DNA

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  • Says Belt and Road open to nations beyond Asia, Europe & Africa
  • One Belt-One Road initiative will help defeat terrorism:  Nawaz Sharif
Prime Minister Nawaz Sharif being received by Chinese President Xi Jinping on his arrival at the Great Hall of People in Beijing on Sunday. - DNA
Prime Minister Nawaz Sharif being received by Chinese President Xi Jinping on his arrival at the Great Hall of People in Beijing on Sunday. – DNA

BEIJING, May 14: Chinese President Xi Jinping said Sunday the Belt and Road should be built into a road for peace, as the pursuit of the initiative requires a peaceful and stable environment.
“The ancient silk routes thrived in times of peace, but lost vigor in times of war. The pursuit of the Belt and Road Initiative requires a peaceful and stable environment,” said Xi while delivering a keynote speech at the opening of the two-day Belt and Road Forum for International Cooperation in Beijing.
“We should foster a new type of international relations featuring win-win cooperation; and we should forge partnerships of dialogue with no confrontation and of friendship rather than alliance,” he said.
All countries should respect each other’s sovereignty, dignity and
territorial integrity, each other’s development paths and social systems, and each other’s core interests and major concerns, said Xi.
“Some regions along the ancient Silk Road used to be a land of milk and honey. Yet today, these places are often associated with conflict, turbulence, crisis and challenge. Such state of affairs should not be allowed to continue,” said Xi.
He called for fostering the vision of common, comprehensive, cooperative and sustainable security, and creating a security environment built and shared by all.
Xi also urged the Belt and Road to be built into a road of prosperity.
“In pursuing the Belt and Road Initiative, we should focus on the fundamental issue of development, release the growth potential of various countries and achieve economic integration and interconnected development and deliver benefits to all,” he said.
He said, “We should establish a stable and sustainable financial safeguard system that keeps risks under control, create new models of investment and financing, encourage greater cooperation between government and private capital and build a diversified financing system and a multi-tiered capital market.”
Stressing infrastructure connectivity, Xi called for promoting land, maritime, air and cyberspace connectivity, focusing on key passageways, cities and projects, and connecting networks of highways, railways and sea ports.
Chinese President Xi Jinping said the Belt and Road Initiative focuses on the Asian, European and African countries, but is also open to all other countries.
“All countries, from either Asia, Europe, Africa or the Americas, can be international cooperation partners of the Belt and Road Initiative,” Xi said when delivering a keynote speech at the opening ceremony of the Belt and Road Forum for International Cooperation.
Prime Minister Nawaz Sharif has termed China’s One Belt-One Road (OBOR) initiative a powerful tool for overcoming terrorism and extremism.
“The Chinese initiative of One Belt-One Road will take humankind to a higher level of prosperity, peace and stability through connectivity and close contact,” he said while addressing the plenary session of the OBOR Forum for International Cooperation in Beijing on Sunday.
The Chinese initiative, Premier Nawaz said, signifies that geo-economics must take precedence over geo-politics, and the centre of gravity should shift from conflict to cooperation.
“Peace and development go hand-in-hand and nothing can pave the path for peace and security more than economic development achieved through regional collaboration,” Radio Pakistan quoted the prime minister as saying.DNA/Agencies

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