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23 Dec 2014

Belarus interested in China’s Silk Way’s economic belt

MINSK, 23 December (BelTA) – The Chinese project to build an economic belt along the Silk Way is of interest for Belarus, BelTA learned from experts of the Information and Analysis Center under the Belarus President Administration at the meeting with a delegation of the Chinese Academy of Social Sciences (CASS).

The delegation was led by Li Yongquan, Director of the Institute of Russian, Eastern European and Central Asian Studies. Li Yongquan stressed that the economic belt of the Silk Way will soon make the transition from concepts to concrete projects. “Kazakhstan, Kyrgyzstan, and Turkmenistan already display activity. I think there will be good projects involving Belarus, too,” said the representative of the Chinese Academy of Social Sciences.

The economic belt of the Silk Way is an initiative to create the logistics infrastructure for the fast delivery of merchandise from Asia to the European Union. The project is expected to involve 18 countries with the population of over 3 billion people. The construction of new motorways, railroads, pipelines will contribute to the development of power engineering, agriculture, mining engineering, tourism, and cultural exchange.

During the meeting Belarusian and Chinese experts also discussed matters concerning the Ukrainian crisis, prospects of the Eurasian Economic Union, topical problems of the international economy.

The Chinese Academy of Social Sciences is the leading Chinese think tank in the area of social sciences. According to the Foreign Policy Magazine, it is number one think tank in the entire Asian region. The Academy takes care of research in the area of international relations, political science, economics, and other areas. The Academy comprises nearly 40 institutes, over 180 research centers, and about 3,300 scientists. CASS publications are available via 70 scientific journals in Chinese and English.

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