China yesterday signed its first agreement with an international institution, the UN Development Program (UNDP), to cooperate in promoting and implementing the Belt and Road Initiative (BRI), on the sidelines of the UN General Assembly. Helen Clark, the Administrator of the UNDP, said: “The Belt and Road Initiative represents a powerful platform for economic growth and regional co-operation, involving more than 4 billion people, many of whom live in developing countries. It can serve as an important catalyst and accelerator for the sustainable development goals.” Clearly, China’s concept…read more
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