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Showing results for tags 'china: the belt and road initiative'.
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Iraq and the Silk Road Economic Belt Friday, October 30, 2020 15 Baghdad: the pillar of the emirate In 2013, China announced a cooperation initiative between it and the countries of Central Asia under the name of the Silk Road Economic Belt, which would form close economic ties and strengthen cooperation in the Eurasian region. The specialist in economic affairs, Dr. Abdul Karim al-Issawi, said that Iraq’s position in the Belt and Silk Road initiative is distinguished. From recent history, the initiative included the old East Express train line from Baghdad to Berlin via Istanbul in the days of the Ottoman Empire, and at that time Germany wanted to reach the Gulf. But the competition ended after the defeat of Germany in the First World War and the line was turned to Britain, and in the new millennium the large port of Faw will represent the new Chinese East Line connecting Eurasia as a free trade zone. Economic relations Al-Issawi stated that the economic relations between Iraq and China are not a product of the past few years, but rather go back to the year 1958, when diplomatic representation was established between the two parties, and the process of concluding formal agreements in the field of economic, scientific and technical cooperation was delayed. 2003, as the first agreement between Iraq and China, which is an agreement for economic, scientific and technical cooperation, which was held in Beijing in 1981 and is no longer valid, then the agreement on economic and technical cooperation was also held in Beijing in 1997 and it is in effect Effect ". Belt initiative Al-Issawi pointed out that, "In the year 2015, the regional structure of the Belt and Road Initiative was presented at a conference held in (Chu Nafcheng), China, as the Chinese Deputy Prime Minister presented the concept of economic corridors as the guarantee for this initiative, and six corridors were announced: the Chinese, Russia, Mongolia and the Eurasian region. New, the sea bridge, central and western Asia, China, the Chinese Indian peninsula, China and Pakistan And China. He stressed, "Pakistan has handed over the port of Gwadar to China, as it is close to the port of Hormuz and the port of Aden to the Red Sea, Myanmar, Bangladesh, India, and these corridors have defined the Belt and Road Initiative to reach the Indian Ocean and the region." Asian ".
