In a significant move towards deeper bilateral relations, Chinese President Xi Jinping announced that China will align its Belt and Road Initiative (BRI) with Bolivia's 2025 development plan. This commitment was made during a meeting with Bolivian President Luis Arce on the sidelines of the 19th G20 Summit in Rio de Janeiro, Brazil.
President Xi highlighted the positive momentum in Sino-Bolivian relations, emphasizing mutual support on core interests and major concerns. He noted that the BRI has delivered tangible benefits to both nations, fostering economic growth and development.
Looking ahead, China aims to leverage the upcoming 40th anniversary of diplomatic relations with Bolivia to strengthen historical friendships and strategic mutual trust. Xi expressed China's willingness to expand cooperation in key areas such as infrastructure construction, high-altitude agriculture, green development, and the digital economy.
Beyond bilateral efforts, President Xi called for enhanced collaboration within multilateral frameworks like the United Nations and BRICS. He underscored the importance of promoting unity and self-reliance among Global South countries to advance common development goals.
Additionally, China supports the integration of Latin America and intends to work closely with Bolivia to bolster the China-CELAC Forum mechanism. This initiative aims to facilitate greater dialogue and cooperation among member countries, further solidifying China's role in regional development.
As China and Bolivia look to the future, the alignment of the BRI with Bolivia's development strategy marks a pivotal step towards enhanced economic partnership and mutual prosperity.
Reference(s):
Xi Jinping: China will align BRI cooperation with Bolivia's 2025 plan
cgtn.com
