China's Hubei Province to increase investment in Belarus

15.05.2018 15:48 / Belarus / China

MINSK – Investment in Belarus from China's Hubei Province will be increasing, First Vice Governor of Hubei Province Huang Chuoping said at the meeting with the Belarusian delegation led by Brest Region Vice Governor Andrei Klets in Wuhan as part of the seminar Belt and Road. Getting to Know Hubei, BelTA informs.

Huang Chuoping stressed that the Belt and Road concept helped expand contacts with many foreign countries, including Belarus. “Your country is located in the center of Europe and has good potential for cooperation in logistics and trade. These advantages should be actively used with mutual benefit. The international seminar will help strengthen the partnership between Hubei and Belarus, including Brest Region,” said Huang Chuoping.

In his opinion, China's increasing investment in Belarus will be a major contribution to the implementation of the Belt and Road concept. The first vice governor mentioned the important role that Hubei plays in the new Silk Road project. The province, which is located in the central part of China, is crossed by air, railway, water (the Yangtze River) and road routes.

In turn, Andrei Klets spoke about the advantages of cooperation with Belarus. In his words, Brest Region and Hubei Province are linked by long-standing ties of friendship and twinning relations. The strongest impetus was added to the bilateral ties after the visit of China's President Xi Jinping to Belarus in 2015.

Andrei Klets stressed that over the past two years about 20 Belarusian-Chinese meetings and negotiations at various levels took place between representatives of Brest Region and Hubei Province. He also noted the importance of the fact that railway containers from Wuhan to Europe and back go via Brest.

Source: BelTA

Read also

19.10.2018 12:07
Taking part in the forum will be more than 30 countries of Asia, Europe, South and North America. As for big companies, attending the event will be Nestle, Novartis, Contour Global, AMR Industry Allia...
19.10.2018 10:20
Bellegprom is represented by the Mogilev-based company OAO Lenta. Belarusian linen fabrics are showcased by BeLinOr Textile Company, which was founded in 2006
19.10.2018 09:54
The plans to invest in the new projects and raise more money were presented during the latest Open Innovations forum in Moscow