The People's Republic of China has warmly welcomed the Federated States of Micronesia to join its prestigious Belt and Road Initiative (BRI). This partnership aims to foster high-quality cooperation in key sectors such as fishery, infrastructure, tropical planting, aviation and maritime transportation, and green and low-carbon development.
In a joint statement released on Wednesday, both nations agreed to deepen exchanges and expand collaboration in education, health, human resources, tourism, and media. This strategic alliance is set to enhance the economic and social landscapes of both countries.
China expressed enthusiasm for Micronesia’s competitive specialty products, particularly in the fishery sector, and has encouraged the introduction of new products into the Chinese market under favorable access arrangements. This move is expected to boost trade and create new opportunities for Micronesian businesses.
Emphasizing a commitment to multilateralism and international cooperation, the two countries pledged to work together under the Global Security Initiative and the Global Civilization Initiative. These frameworks aim to promote shared values of peace, development, fairness, justice, democracy, and freedom, reflecting a mutual dedication to fostering a harmonious global community.
This collaboration not only strengthens bilateral ties but also contributes to the broader objectives of sustainable development and global stability.
Reference(s):
China welcomes Micronesia to join Belt and Road cooperation: statement
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