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Cypriot president says Cyprus to benefit from BRI

2019-04-25 09:07
Xinhua

Developing the Belt and Road Initiative (BRI) is in the world's best interest because it promotes cooperation between states and contributes to peace, stability and economic growth, Cypriot President Nicos Anastasiades said.

Anastasiades made such remarks in an interview with Xinhua on Monday before heading for Beijing to attend the second Belt and Road Forum for International Cooperation (BRF).

Anastasiades said Cyprus has benefited greatly from the BRI, adding that Chinese investments helped its almost collapsed construction sector come out of the 2012-2013 economic crisis.

On maritime cooperation, Anastasiades said Cyprus, the third largest country in the European Union in shipping registration and the 10th worldwide, stands to benefit from it.

The BRI, proposed by China in 2013, refers to the Silk Road Economic Belt and the 21st Century Maritime Silk Road, and seeks to revive ancient land and sea trade routes to connect China and participating states via win-win trade exchanges, joint investments and infrastructure projects.

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