Chinese Foreign Minister Wang Yi said in Panama that the Belt and Road Initiative has become a new focus of cooperation between China and Latin America.
Wang made the remarks on Sunday (17.09.2017) at a press conference with Panamanian Vice President and Foreign Minister Isabel Saint Malo de Alvarado after their talks.
China has always attached great importance to developing its relations with Latin American and Caribbean countries from a long-term and strategic perspective, the foreign minister said.
"We have a firm conviction that the China's development and Latin America's development represent mutual opportunities"We uphold an explicit principle of adhering to equality and mutual benefit between China and Latin America and focusing on common development. We have adopted a general guideline of jointly building a community with a shared future for China and Latin America," Wang said.
The Chinese foreign minister added that China-Latin America cooperation will not be directed against a third party, nor will it affect its relations with a third country, adding that it has the objective of promoting the general development of the nations of Latin America, as well as their international positions.
The Belt and Road Initiative, proposed by Chinese President Xi Jinping in 2013, It aims to build the 21st Century Silk Economic Belt and Maritime Silk Road through concerted efforts of all related countries to benefit all participants by promoting free trade, financial integration, infrastructure connectivity and closer people-to-people exchanges.
Wang said that Latin America is located in a key direction towards which the 21st Century Maritime Silk Road extends, and that by building the Belt and Road, the two sides can see new opportunities to cultivate bilateral ties.
Wang also pointed out that Panama is a communication hub in the Western Hemisphere with a well-developed financial sector. It can become a piece that can facilitate the exchange of food, funds and human resources between China and the region, and play a special and key role in serving the extension of the Maritime Silk Belt to Latin America, the Chinese foreign minister added.
Source: Xinhua
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