China-Arab forum paves way for further economic, political cooperation

CAIRO -- The 7th ministerial meeting of the China-Arab States Cooperation Forum (CASCF) held in Doha on Thursday paves the way for further economic and political cooperation between China and the Arab world, said Arab experts.

China and the Arab world enjoy vast economic partnerships, mutual political and diplomatic support and strong relations based on respect, friendship and shared interests, according to many analysts.

The China-Arab Cooperation Forum was described by Arab League Secretary General Nabil al-Araby as "a good example for the South-to-South cooperation," stressing the Arab nations are "sincere and confident in our strategic cooperation."

BELT AND ROAD INITIATIVE

Chinese Foreign Minister Wang Yi told reporters in Doha that the Belt and Road Initiative is "a historic opportunity" for China and the Arab nations to boost common development and national rejuvenation, expecting "huge potentials" for future Chinese-Arab cooperation in infrastructure projects.

During the one-day meeting, held under the theme of "Working together on the Belt and Road Initiative and deepening China-Arab strategic cooperation," the two sides agreed to take the initiative proposed by Chinese President Xi Jinping as the lodestar to promote their relations.

The initiative, which comprises the Silk Road Economic Belt and the 21st Century Maritime Silk Road, was announced by President Xi in 2013, with the aim to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient Silk Road.

"This initiative may form a cooperation framework between the Chinese and the Arab sides, and transport can be one of the fields of cooperation," said Gamal Bayoumi, head of the Arab Investors Union, noting the ancient Silk Road crossed some Arab states, including Egypt.