Peruvian Foreign Trade and Tourism Minister Eduardo Ferreyros on Tuesday expressed the Inca country's optimism about China's One Belt One Road (OBOR) economic initiative.
Promoted by Chinese President Xi Jinping since 2013, the ambitious plan aims to narrow economic and social gaps by boosting development and connectivity among participating nations.
Speaking at the recent OBOR Summit in Beijing, Ferreyros noted the initiative builds on China's ancient Silk Road —linking Asia to Europe and Africa— while seeking to incorporate the Americas and Oceania.
"Peru's interesting geographical location will make us the platform connecting Asia and South America in this initiative [One Belt, One Road] proposed by China," he affirmed.
In this sense, the government official highlighted the Andean nation's strategic and comprehensive partnership with the Asian Giant.
OBOR Summit
The two-day summit convened more than 30 Heads of State and 130 State Ministers from 60 countries to address physical connectivity through infrastructure, as well as new technologies and digital platforms.
The event also stressed the role of integration in narrowing economic and social gaps.
"It [OBOR] seeks further progress towards free trade, avoiding protectionism," Minister Ferreyros underscored.
China's massive integration endeavor also promotes cooperation agreements and new frameworks for international cooperation.
In this respect, OBOR objectives target cooperation in various fields, such as investments, the environment, gastronomy, as well as social and cultural areas.
(END) RGP/RGP/DHT/MVB