Slovakia is forging stronger economic bonds with China, its largest trading partner outside the EU, as Prime Minister Robert Fico highlights a significant €1.4 billion investment from Chinese lithium battery manufacturer Gotion. In an exclusive interview at the China International Import Expo in Shanghai, held from October 31 to November 5, Fico emphasized the mutual benefits of Slovakia's 'turn to the East' strategy.
Describing his visit as the 'visit of the year for 2024,' Fico was accompanied by the largest-ever business delegation aimed at boosting trade ties and increasing investment between the two nations. The investment from Gotion is set to create approximately 1,300 new jobs in Slovakia, marking a major step forward in bilateral relations.
The Prime Minister also touched upon broader topics, including cooperation between China and Central and Eastern European countries, the state of China-EU relations, and Slovakia's stance on regional peace and the Ukraine crisis. By elevating their bilateral ties to a strategic partnership, Slovakia is positioning itself as a key player in the evolving dynamics of international trade and politics.
Fico's discussions at the expo showcase Slovakia's commitment to fostering sustainable economic growth and underscore the importance of Chinese investments in the nation's future development.
Reference(s):
cgtn.com
