Belt and Road Initiative
In July, Bulgarian President Rumen Radev held talks with Chinese President Xi Jinping in the Great Hall of the People in Beijing as they decided to implement a strategic partnership. A recent four-day visit to China by Radev saw the Capital of Bulgaria, Sofia lifting state-to-state ties with Beijing, reports IOL.
Bulgaria is the shortest route that connects China with Europe, making our country the most advantageous entry door to China for the European Union. This was stated by Head of State Rumen Radev at a meeting of Dondukov 2 with representatives of Chinese companies involved in the implementation of the One Belt, One Road initiative.
President Rumen Radev will meet with representatives of leading Chinese companies involved in the implementation of international strategic projects under the One Belt One Road initiative.
The initiative is China and is linked to infrastructure projects in more than 80 countries in Asia, Europe and Africa.
Expect more details.
A Hungarian-Chinese group including a unit of holding company Opus Global, controlled by Lorinc Meszaros, an associate of Hungary's Prime Minister Viktor Orban, has won a $2.1 billion contract to build part of a high-speed Chinese rail project.
The project is part of Beijing's One Belt, One Road initiative intended to open new foreign trade links for Chinese firms.
Prime Minister Alexis Tsipras' presence at the Belt and Road Initiative Forum in Beijing Friday and Saturday, in addition to Greece's joining the initiative of 16 countries of Eastern and Southeastern countries with strong relations with China, shows how far Greece has come since 2009. That was when China's state-owned Cosco took over part of Piraeus's container port.