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African Union sign a cooperation plan to jointly build the Belt and Road Initiative.

by YCPress

A few days ago, China and the African Union signed the Cooperation Plan between the Government of the People’s Republic of China and the African Union on Jointly Promoting the Construction of the Belt and Road Initiative.

The signing of the Cooperation Plan will effectively promote the joint construction of the Belt and Road Initiative with the AU Agenda 2063. This issue of Africa Watch focuses on the main elements and significance of this plan.

The first cooperation document of the joint construction of the Belt and Road Initiative

The “Cooperation Plan” is the first cooperation document signed by China and regional international organizations to jointly build the Belt and Road Initiative.

The main content of the plan focuses on the “five links” of the construction of the Belt and Road Initiative, that is, policy communication, facility connectivity, smooth trade, capital and financial communication, people-to-people communication and other fields, clarify the content of cooperation and key cooperation projects, and propose corresponding timetables and road maps.

The Belt and Road Initiative is connected with Agenda 2063 to promote Africa’s integrated development.

He Wenping, an expert on African research, said that Agenda 2063 is a development plan formulated by the African Union.

It is a very comprehensive plan for infrastructure construction, industrialization development, including social indicators, human development indicators and other aspects for the future of the whole continent until 2063.

The “Cooperation Plan” can promote the complementarity of China and Africa’s economic and trade advantages and promote Africa’s development. The signing of the Cooperation Plan can promote the joint construction of the Belt and Road Initiative with the AU Agenda 2063.

For China, the signing of this plan is conducive to China and Africa jointly meeting global challenges and promoting the high-quality development of the Belt and Road Initiative.

China has strengthened strategic docking with African countries, close economic and trade ties, and made great progress in promoting Africa’s industrialization and modernization process, infrastructure construction, trade and investment facilitation, capacity-building, poverty reduction and benefiting the people.

The fruits of China-Africa cooperation are benefiting the African people.

Liu Hongwu, dean of the African Research Institute of Zhejiang Normal University, believes that with the connection of the Belt and Road Initiative with the AU Agenda 2063, the United Nations Agenda for Sustainable Development 2030 and the development strategies of African countries, a broadly inclusive, participatory and inclusive global cooperation mechanism is taking shape.

This is conducive to all parties to effectively meet the challenges posed by anti-globalization and protectionism and balance the global economic development pattern.