"It's very important for us and our companies that the calls for our projects under the Belt and Road initiative are transparent, that they are non-discriminatory, and that they comply with global standards", German Economic Minister Brigitte Zypries said at the trade panel yesterday.
Xi described his signature foreign policy push as inclusive, one that should not be held hostage to old rivalries and power games.
Chinese President Xi Jinping said he had every reason to be confident in the future of the Belt and Road initiative, his signature plan to forge a path of peace, inclusiveness and free trade for the globe, beginning with Eurasia.
On top of that, Beijing will also fortify its financial support for OBOR developments, injecting additional 100 billion yuan into the Silk Road Fund. Xi did not give a timeframe for the new loans, aid and funding pledged at the summit.
China announced at the May 14-15 forum that it will provide assistance worth 60 billion yuan (8.7 billion USA dollars) in the coming three years to developing countries and global organizations participating in the Belt and Road Initiative to improve people's well-being.
"Our position is clear that we have always welcomed India to participate in the Belt and Road initiative". For instance, India has some issues with the China-Pakistan Economic Corridor, an OBOR land-corridor project (with a $46 billion investment from China) that partially runs through contested territory in Kashmir.
"No country can accept a project that ignores its core concerns on sovereignty and territorial integrity", India's foreign ministry said in a statement Saturday.
Britain can be a natural partner in delivering infrastructure in Belt and Road countries by supporting the finance and planning needed, Hammond said.
"The corridor (CPEC) is a flagship programme of the BRI".
"The European Commission, who has a mandate, who has the capacity to negotiate on behalf of member states on trade-related issues - we were not given a chance to negotiate on the text", he said. Since jettisoning the Trans-Pacific Partnership - the Obama administration's trade treaty meant to insinuate the United States at the center of Asian trade - the Trump administration has offered no answer to One Belt, One Road. "Instead we will create a new model of cooperation and mutual benefit". The meeting was attended by 29 world leaders, including Pakistan Prime Minister Nawaz Sharif. Lorenzana said no decisions had been made about what arms might be bought or how much.
"It must not be politicised". It is not merely talk, but it is about actually building something.
The Belt and Road project calls for expanding trade across Asia, Africa and Europe by investing in ports, railways and other facilities.
The attendees represent some of the more than 60 countries included in the Belt and Road plan that China introduced in 2013 to stimulate trade and economic growth along the ancient Silk Road and beyond. It signed a deal with China on Friday.
He later announced that the two-day summit reached "broad consensus" on the project and that China will host a new forum in 2019.