Europe wants to sign Belt and Road MOU as a group: German minister

Europe wants to sign Belt and Road MOU as a group: German minister

Major European Union countries want to sign a memorandum of understanding on China’s Belt and Road initiative as a group and not as individual states, German Economy Minister Peter Altmaier said on Friday, reports Trend with reference to Reuters

European countries have generally signaled their willingness to participate in China’s program to re-create the old Silk Road joining China with Asia and Europe.

But key states like France and Germany have said China must in turn improve access and fair competition for foreign firms.

Italy in March became the first major Western government to back China’s initiative, even as some EU leaders cautioned Rome against rushing into the arms of Beijing.

Nonetheless, Altmaier said Germany, France, Spain and the United Kingdom had shown at the Belt and Road Forum in Beijing on Friday that the EU was “in its great majority” united in its belief that “we can only implement our positions together.”

“In the big EU states we have agreed that we don’t want to sign any bilateral memorandums but together make necessary arrangements between the greater European Economic Area and the economic area of Greater China,” Altmaier said when asked if he could see Germany signing a similar bilateral agreement to Italy.

The minister said he was encouraged by Chinese President Xi Jinping’s pledge to pursue free trade, multilateralism and sustainability as part of Belt and Road.

“We will take this promise seriously” and make suggestions on how to achieve these goals in both Asia and Europe, he said.

China is a partner and a competitor at the same time and the EU must define its interests, Altmaier said.

“And for that we need an industry strategy. For that we need our own connectivity strategy,” he added.

Subscribe to Trend in Google News! Subscribe
UK inflation rises to highest in nearly 30 years
UK inflation rises to highest in nearly 30 years
Fluxys takes steps for efficient transport of hydrogen, CO2
Fluxys takes steps for efficient transport of hydrogen, CO2
TAP contributes to increase in gas flows from Turkey to Greece
TAP contributes to increase in gas flows from Turkey to Greece
Loading Bars
Latest
Chamber of Commerce talks steps Iran could take to boost trade turnover with Russia
Investigation will show whether Nazarbayev was involved in unrests in Kazakhstan - MFA
Kazakhstan's Minister of Defense appointed
Veyseloglu Group of Companies presented its retail index for 2021
Ethylene output up in Azerbaijan
Georgia's motor oil imports drop, one of possible reasons made public
Revenues from compulsory state social insurance grows in Azerbaijan - minister
Azerbaijan blocks betting payment method in bookmakers using bank cards
Georgia continues path to sustainable growth – World Bank
Azerbaijan boosts gasoline, diesel production
Azerbaijan records growth in nominal GDP
Azerbaijan increases salaries of employees of some organizations financed from state budget
Georgia retains its macroeconomic stability – minister
Iran to improve economic ties with neighboring countries - official
UK inflation rises to highest in nearly 30 years
New minister of health appointed in Azerbaijan
State Oil Fund of Azerbaijan reveals distribution of investment portfolio
Value of Turkmenistan’s imports from Azerbaijan rise for November 2021
Revenues of mobile communications sector in Azerbaijan climb for 2021
Azerbaijan sees increase in output of solar power plants
Average broadband internet speeds increase in Azerbaijan
Azerbaijani Customs Committee boosts transfers to state budget in 2021
Kazakhstan shares data on gasoline production and import
Iran’s CBI unveils amount of loans issued for industrial, mining sectors
Turkmenistan’s Parahat enterprise shares export data on fruit concentrates
Azerbaijan to prevent distribution and use of fake Green Card insurance certificates
Azerbaijan's section of TRACECA sees growth in cargo traffic for 11M2021
Azerbaijan plans to develop roadmap on use of financial technologies
Azerbaijan's tax revenues from private sector up in 2021
SOCAR Capital talks on demand for bonds
SOCAR Capital discloses income from bonds
Fluxys takes steps for efficient transport of hydrogen, CO2
EBRD raises GDP forecast for Turkmenistan
Georgia publishes COVID-19 data for January 19
Azerbaijani oil prices increase
TAP contributes to increase in gas flows from Turkey to Greece
Azerbaijan reveals growth rates of non-oil GDP for 2021
Azerbaijan, Turkey launch integration of Green Card insurance system
Georgia sees notable recovery in number of international visitors – Galt & Taggart
India saved many lives by supplying essential medicines, vaccines during COVID-19 pandemic: PM Modi
Bulgarian, N. Macedonian gas operators outline directions of co-op
Canadian Ripudaman Malik, once named in Kanishka bombing case, praises PM for Sikh community initiatives
Iran's Energy Exchange announces products to be on sale on January 19
Azerbaijan's records increase in trade surplus in 11M2021
Turkmenistan has strong potential to substitute imports – EBRD
Real estate of Azerbaijani Zaminbank to be put up for auction
Iranian currency rates for January 19
Iranian president expects visit to Russia to be turning point in relations between two countries
Kazakhstan intends to ban export of grain forage
Kazakhstan’s Aktau Int’l Sea Trade Port opens tender to buy natural gas
Uzbekistan shares domestic COVID-19 data for January 18
Kazakhstan eyes increasing cropping area in 2022
TAP turning Italy into gas exporter
Azerbaijani currency rates for January 19
Azerbaijan's Central Bank holds foreign currency auction
Kazakhstan to increase concessional lending to farmers
Oil rises to 7-year high as Turkey outage adds to tight supply outlook
Iran issues new rule for importing goods from Brazil
WoodMac says new gas swap to help Azerbaijan avoid domestic gas shortages
Turkmenistan makes significant efforts in resilience to climate change - FAO
On track to achieve $650-billion exports target in FY22: Piyush Goyal
Almaty airport began to operate normally
India's Growth In Next 25 Years Will Be Clean, Green, Sustainable And Reliable: Modi
5 Dead, 25 Rescued In Retirement Home Fire In Spain
India's Modi urges collective global effort to deal with cryptocurrencies
Venezuelan migrant girl dies crossing river between Mexico and US
India’s economic reforms and welfare programs empowering the poor
At least 6 killed in suicide bombing in Somalia
INS Vikrant Sails Closer To Joining The Fleet
Row house explosion in New York City leaves one dead, eight injured
Turkey's Botas halts flow after explosion at Kirkuk-Ceyhan oil pipeline
Oyo Hotels targets $9-billion valuation in IPO; may get Sebi nod soon
British PM Johnson denies lying about lockdown party
Silvio Berlusconi Is Considering Dropping His Bid to Be Italy’s President
5 injured as passenger train derails after being hit by explosion in SW Pakistan
US telecom companies pause some new 5G after airlines raise alarm
N.Korea tested tactical guided missiles in fresh sign of evolving arsenal
Azerbaijani MFA comments on statement of French Minister in National Assembly of France
Goranboy regional prosecutor's office launches investigation into resident hitting mine
Resident of Azerbaijani Goranboy region hits mine
Erdogan receives Serbia's Vucic to discuss ties, Balkans
Persons aligned to illegal armed formations abroad held accountable in Azerbaijan
Azerbaijan shares data on number of vaccinated citizens
Iran preparing plans on gas extraction from territory of Iranian Central Oil Fields Company
Azerbaijan confirms 930 more COVID-19 cases, 703 recoveries
Uzbekistan introduces new mechanisms to support its capital market
President Ilham Aliyev calls President Vladimir Putin
Kazakhstan launches investigative procedures against wholesalers of liquefied gas
Money transfers from Georgia up
Price indexes of construction, trade sectors at Uzbek stock exchange rise
Kazakh crude production inches up - OPEC
Uzbekistan sells number of its large enterprises as part of privatization program
Russian Economy Ministry unveils priority spheres for co-op with Azerbaijan
Kazakhstan approves operational action plan to stabilize internal socio-economic situation
Baku residents express their gratitude to President Ilham Aliyev for highly appreciating activity of Haji Zeynalabdin Taghiyev (PHOTO/VIDEO)
Azerbaijan Gymnastics Federation holds general meeting (PHOTO)
Overall index of Tehran Stock Exchange drops on Jan. 18
Uzbekistan reveals volume of mortgage loans issued in 2021
Expenses of Turkish citizens in Georgia increase
SOFAZ’s budget revenues up
All news