Iran joining BRICS ‘will add value’

The 14th BRICS summit took place on 23rd and 24th June 2022 by video conference hosted by China. Iran has applied to become a member of BRICS, and Iran’s President Ebrahim Raisi was invited by Chinese President Xi Jinping to attend the summit. President Raisi gave a speech, elaborating on Iran’s viewpoints on the most important international issues and expansion of cooperation with other countries. According to a report by IRNA, President Raisi called on BRICS members to “strengthen this global platform for the effective role-playing of independent multilateral institutions in achieving homogeneous development and world peace.” The following is … Continue reading Iran joining BRICS ‘will add value’

Latin America welcomes BRI cooperation, not ideological confrontation

The China-proposed Belt and Road Initiative (BRI) has made steady progress in Latin America during the past three years, which has brought concrete benefits to partner economies with its people centered approach. The growing influence of BRI in Latin America, … Continue reading Latin America welcomes BRI cooperation, not ideological confrontation

BRI: China to build 1000 schools, 2 solar power plants in war-torn Iraq

Iraq has become the third-biggest Belt and Road Initiative partner in energy engagement, after Russia and Pakistan. Fudan University’s Center for Green Finance and Development in Shanghai reported that in 2021, Iraq received $10.5 billion in investment under the Belt … Continue reading BRI: China to build 1000 schools, 2 solar power plants in war-torn Iraq

China helps put digital television on the air in Timor-Leste

A demonstration project of China-aided terrestrial digital TV transmission system in East Timor (referred to as the “Demonstration Project”), was launched in February 2021. The project is a joint construction under the Belt and Road Initiative between China and Timor-Leste. … Continue reading China helps put digital television on the air in Timor-Leste

The new BRICS alliance: mortal threat to West

A new global reserve currency will undermine US dollar supremacy. China Environment Net comments: The author of the following article correctly describes the changes that are taking place in the global economy as “the biggest that have been seen since … Continue reading The new BRICS alliance: mortal threat to West

Indonesia champions shift to clean energy

With G20 presidency, country aims to push for more action on climate change Indonesia has flagged its strong commitment to curbing emissions, with its plans to reduce reliance on fossil fuels likely to resonate with fellow members of the G20 group of nations at a summit in Bali where climate action is expected to be high on the agenda. Upon Indonesia taking over the G20 presidency late last year, President Joko Widodo vowed “inclusive, people-oriented, environmentally friendly and sustainable growth” for his country, the largest in Southeast Asia. He spoke of Indonesia becoming a driving force for collaboration on efforts … Continue reading Indonesia champions shift to clean energy

Timor Leste boosts trade and investment cooperation with China

China and Timor-Leste signed a Memorandum of Understanding (MOU) for cooperation on the Belt and Road Initiative (BRI) during the first Belt and Road Forum for international cooperation in March 2017. Bilateral trade doubled in 2021  China’s Foreign Minister, Wang Yi recently visited the South Pacific Islands, … Continue reading Timor Leste boosts trade and investment cooperation with China

Cuba and China discuss trade relations and Maritime Silk Road

Chinese commercial representatives based in Cuba met with the Chamber of Commerce of the Republic of Cuba (CCC) on 20 July, 2022 in Havana to discuss BRI trade and investment opportunities in the Greater Antilles. ** During the meeting, updated information was provided on Cuba’s participation in the Maritime Silk Road Initiative of the 21st century. The event was chaired by CCC Vice President Ruben Ramos, and was attended by the economic and commercial counselor of the Chinese Embassy, Zhou Quan, and the director of trade policy with Asia and Oceania at the Cuban Ministry of Foreign Trade and Foreign … Continue reading Cuba and China discuss trade relations and Maritime Silk Road

China-Kyrgyzstan-Uzbekistan BRI rail project – construction to start in 2023

The China-Kyrgyzstan-Uzbekistan (CKU) railway, which has been in the planning stage for two decades, has finally received the go-ahead. When completed, the railway will be the shortest route to transport goods from China to Europe and the Middle East, cutting the freight journey by 900 kilometers and saving seven to eight days in shipping time. The project to connect the three countries by railway goes back to 1997 and thus predates the Belt and Rod Initiative. The project did not proceed at that time in part due to internal political instability in Kyrgyzstan between 2005 and 2010. However, after the … Continue reading China-Kyrgyzstan-Uzbekistan BRI rail project – construction to start in 2023