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New Year Greeting from SRCIC Vice Chair Oyunchimeg Magvan
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New Year Greeting from SRCIC Vice Chair Oyunchimeg Magvan
15 Jan 2018
Dear colleagues, members of Silk Road Chamber of Commerce, Since two years ago we established our Silk Road Chamber, we have succeeded a lot of progress, uniting more than 91 country chambers of commerce. The objective of our chamber is to bring our development and cooperation to the new level, and implement new projects on bringing new investment and cooperation between our countries. Taking this opportunity, I would like to wish all our colleagues good luck and all the best in the coming year of the Dog.
New Year Greeting from SRCIC Honorary Chairman Adnan Kassar
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New Year Greeting from SRCIC Honorary Chairman Adnan Kassar
15 Jan 2018
It is a great honor being a part of the Silk Road Chamber of International Commerce. As Honorary Chairman, I am proud of many achievements attained by this chamber, under the visionary leadership of Chairman Lu, to gather global reach and network, to build bridges connecting nations across continents in the rebuilding of the visionary Belt & Road Initiative. To all SRCIC family, to all our partners and friends in beautiful China, we send our best wishes for a Happy New Year for win-win partnerships and friendships!XIN NIAN KUAI LE! Adnan Kassar Honorary Chairman Silk Road Chamber of International Commerce
Zhangjiajie Government Delegation Visits SRCIC Xi'an
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Zhangjiajie Government Delegation Visits SRCIC Xi'an
15 Jan 2018
11-12 January 2018, the delegation from Zhangjiajie city of Hunan province in China paid an official visit to SRCIC Xi'an Secretariat at the Tang West Market for the coming cooperation between Silk Road Chamber of Internaitonal Commerce and the Zhangjiajie Municipal Government. Led by Mr. Guo Zhenggui, Secretary of the Municipal Committee of the CPC and Director of the Standing Committee of the People's Congress, the delegation made up of 19 government officials from Zhangjiajie came as a return to the SRCIC visit to Zhangjiajie a month ago. Mr. Guo Zhenggui expressed the delight and excitement for the delegation to be in Xi'an and hoped the mutual visits could enhance the understaning for both parties in their future collabration. Photo credit: www.baidu.com Zhangjiajie city is in the northwest part of Hunan Province in China. Its unique and breathtaking mountain scenes and rich river resources are all covered by the natural forests. In 1882, the city was named the 1st National Forest Park in China, and consequently one of the national top scenic and tourist spots. In 1992, Zhangjiajie was listed in the UNESCO World Natural Heritage, and in 2004, one of the first World Geoparks. Mr. Guo sincerely invited SRCIC to have its 2018 Silk Road Business Summit held in Zhangjiajie. SRCIC Chairman Lu Jianzhong welcomed the delegation and stressed that Zhangjiajie has become an international business card for its rare natural beauty and abundant tourism resources.SRCIC valued these unique advantages and was very grateful for their offer to coorganize the Silk Road Business Summit this year. He believed SRCIC's world influence and international network could bring new cooperative opportunities to the city. Both sides agreed to have a strategic cooperation agreement signed very soon and a series of projects are expected in future cooperation. Reference link: SRCIC Business Delegation to Hunan China http://srcic.org/news/srcic-business-delegation-to-hunan-china/
New Office Walls in the New Year
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New Office Walls in the New Year
12 Jan 2018
The new year 2018 has witnessed a decoration update in SRCIC Xi'an Secretariat, honoring the achievements SRCIC members have made over the past two years. Photos of SRCIC chairmanship and important events are displayed on the wall, reminding us of those memorable moments and the rapid growth of SRCIC since its founding. Today, Silk Road Chamber of International Commerce has become an important strength in promoting the resilience of the world economy and in carrying forward the Belt and Road spirit. With the leadership of the Chairmanship, SRCIC members and Secretariat have undertaken outperforming jobs in 2017 and gained great success with our partner organizations. Currently SRCIC has over 90 members from 75 countries, including Silk Road members and correspondents, as well as cities and enterprises in several Silk Road alliances. 2017 was a year of big events and important activities for SRCIC. More than 20 international conferences and activities were organized and participated in, SRCIC delegations were met by the state heads of Greece, Georgia, Palestine, and leaders from world renowned chambers. The 2017 Silk Road Business Summit had Xi’an Consensus released to contribute to building a global community of a shared future. All the great moments have been recorded and the pictures of the new decoration in the Secretariat Office will invigorate us with confidence and joint efforts for a brighter future ahead.
Belt & Road Info: China hopes for more exchanges with Nordic, Baltic countries
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Belt & Road Info: China hopes for more exchanges with Nordic, Baltic countries
11 Jan 2018
Chinese President Xi Jinping (4th R) meets with parliamentary leaders of Nordic and Baltic countries in Beijing, capital of China, Jan. 10, 2018. The delegates include Finland's Speaker of Parliament Maria Lohela, Norway's Olemic Thommessen, Iceland's Steingrimur J. Sigfusson, Estonia's Eiki Nestor, Latvia's Inara Murniece, Lithuania's Viktoras Pranckietis and Sweden's deputy speaker Eva Thalen Finne. (Xinhua/Wang Ye) BEIJING, Jan. 10 (Xinhua) -- Chinese President Xi Jinping met here on Wednesday with parliamentary leaders of Nordic and Baltic countries, hoping for more high-level exchanges and deeper cooperation. The delegates include Finland's Speaker of Parliament Maria Lohela, Norway's Olemic Thommessen, Iceland's Steingrimur J. Sigfusson, Estonia's Eiki Nestor, Latvia's Inara Murniece, Lithuania's Viktoras Pranckietis and Sweden's deputy speaker Eva Thalen Finne. During the meeting, Xi said the visit is a new form of collective high-level exchanges between China and the Nordic and Baltic countries. The visit marks a new era for relations between the two sides, featuring increased political mutual trust and rapid development of exchanges and cooperation, he said. "To develop a healthy, stable and sustainable relationship and to promote mutually beneficial cooperation at bilateral and regional level are not only in the interests of our respective countries but also conducive to pushing forward the development of the comprehensive strategic partnership between China and the EU," said Xi. Both sides should always adhere to mutual respect, equality and inclusiveness, respect each other's core interests and major concerns, and push forward bilateral relations along the right track, he said. He suggested the two sides enhance pragmatic cooperation within the framework of the Belt and Road initiative, so as to share the benefit brought by the interconnection of Asia and Europe. Xi also briefed the guests with China's economic and social development as well as its foreign policy of peace. He said China will promote the building of a new type of international relations and a community with shared future for mankind, which are not only the goals of China's diplomacy in the new era but the direction in which all countries should work. China will continue to actively participate in reform and construction of global governance and promote development of a global governance system that is more just and reasonable, said Xi. The guests congratulated on the success of the 19th National Congress of the Communist Party of China (CPC), and praised the people-centered goals put forward by the congress. They agreed that China's achievements in economic development, improvement of people's livelihood, poverty alleviation and environmental protection are historic. They said the Nordic and Baltic countries value the friendship with China and are ready to further their cooperation with the country. Source: Xinhua
Belt & Road Info: China freight trains to arrive in Tehran
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Belt & Road Info: China freight trains to arrive in Tehran
10 Jan 2018
The third, fourth and fifth cargo trains from China to Iran are due to arrive in Tehran by the end of this week, the deputy head of the Islamic Republic of Iran Railways, Mostafa Davoudi, told Financial Tribune. “The first of the three, carrying 50 containers measuring 40 feet each, left China's island province Hainan on December 28. The second and third set off on December 30 from Incheon Port and Shiyan in northwestern China, each loaded with 41 forty-foot containers. It will take between 14 to 15 days approximately for these cargo trains to arrive in Tehran,” he added. The official noted that the trains are mainly loaded with automotive accessories and spare parts, household appliances and textile. The first-ever train traveling the long route from China to Iran set off from Yiwu City in China's Zhejiang Province on January 31, 2016. It covered 10,399 km, passing through Kazakhstan and Turkmenistan, to reach the border station of Injeborun after 14 days. The second freight train departed from Yinchuan South Railway Station on Sept. 5, 2017, carrying some 560 tons of cargo, including mechanical equipment, ceramic tableware, crystalware and automobile accessories, worth around $1.6 million. Advantages Over Marine Transport According to Davoudi, Iran-China trade is conducted through multimodal transportation, theshare of which is carried via sea. Sea transport is cheaper at first glance compared with other means of transport. Yet, he said, it has many covert expenses that escape the eye before the procedures are gone through, such as demurrage fees for ships, warehouse fees, the costs of unloading the ships and loading on trucks or trains, etc. In the case of Iran and China, marine transport of goods takes between 45 and 50 days. “Rail transport is spared from all this hassle. A train sets off from a station in China and delivers the goods at a station in Iran. The expenses of multimodal transport system are non-existent in this corridor and the delivery duration is reduced by a third. This means goods can enter the production chain at a shorter time,” Davoudi said. Plans to Use Corridor as Transit Route The rail corridor is currently being used to only transfer goods between Iran and China, but IRIR is looking to turn it into a transit route by involving countries along the way and beyond. “We are planning to transit goods from China to Europe. The value of commodities exchanged between China and Europe stood at €520 billion in 2016. We expect a part of these goods to be transited through Iran in the near future. The transit of goods generates two and a half times as much value added than just transporting them into the country," the official said. "Iran has this capacity and we are positive that this corridor will get off the ground soon. In this regard, we are in talks with countries along the way, including Azerbaijan, Turkey, Germany, Georgia, Poland, Ukraine, Uzbekistan and Tajikistan.” The route, better known as the New Silk Road, is a 2,300-kilometer Chinese railroad that links Urumqi, the capital of China’s western Xinjiang Province, to the Iranian capital Tehran, connecting Kazakhstan, Kyrgyzstan, Uzbekistan and Turkmenistan along the way. It was first proposed by He Huawu, the chief engineer of China Railway Corporation in late 2015. From Tehran, the grand project will join Iran’s east-west network leading to Turkey and East Europe. It could also open a way to Europe via a developing rail route from southern Iranian ports to Azerbaijan and Europe. The Belt and Road initiative, put forward in October 2013 by Chinese President Xi Jinping, includes several corridors through land and sea, including the New Silk Road rail route, which will serve as a tailwind for the transport of goods and energy between Iran and China. The two sides have set a long-term bilateral trade target of $600 billion a year. In a meeting with his Chinese counterpart, Xiao Jie, in China back in May 2017, Iran's former economy minister, Ali Tayyebnia, said, “Iran's position in Xi Jinping's innovative plan to revive the New Silk Road is spectacular and ideal. Therefore, we intend to play an effective role in its implementation.” Iran resolved issues related to government guarantees during Tayyebnia's visit to China to represent Iran in the New Silk Road Forum held in May with China and 29 other nations reaffirming their commitment to build an open economy and ensure free and inclusive trade, under the Belt and Road initiative. Tayyebnia noted that Iran was part of the ancient Silk Road—a route contributing for centuries to trade and cultural exchange—stretching from Japan to the Mediterranean Sea, and intends to play a more important part in the new Silk Road plan. Chinese LOC for Tehran-Mashhad Railroad China opened a $1.7 billion line of credit for the electrification of the 926-km railroad from Tehran to the eastern city of Mashhad in Khorasan Razavi Province in December 2017, five months after a contract was signed for the project in Tehran. The route is a strand of the New Silk Road. According to the Persian daily Donya-e-Eqtesad, this was the first and the largest LOC to have opened for Iran after international nuclear-related sanctions against the country were lifted in January 2016, following the signing of a landmark agreement between Tehran and world powers a year earlier. The initial contract entails the allocation of $1.5 billion in loan by Exim Bank of China to the project. The guarantee for the loan is to be provided by Iran's Bank of Industry and Mine. The electrification project will be carried out by China National Machinery Import and Export Corporation, otherwise known as CMC. Iran's MAPNA Group is the main contractor of the project. The project is expected to take up to 48 months and raise the speed of the line from the current 160 kph to 200 kph, cut down pollution and increase the railroad's transportation capacity. The route is already double-tracked and both tracks will be electrified. A subsidiary of China General Technology Group, CMC is an international engineering contractor in transportation infrastructure, industrial facilities and power plants. In 2014, the company constructed the Ankara-Istanbul high-speed railroad, together with China Railway Construction Corporation Limited and Turkish companies. For Iran, the electrification of Tehran-Mashhad line is part of its wider rail development plan to electrify all railroads by 2025. Source: http://en.otaghiranonline.ir/news/1526
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