25 MoUs inked at 9th Belt and Road Summit in Hong Kong


HONG KONG, Sept. 12 (Xinhua) -- A record 25 memorandums of understanding (MoUs) were signed during the two-day Ninth Belt and Road Summit that concluded in Hong Kong on Thursday.

The MoUs, including four between governments and 21 between businesses, involve government bodies and companies from Indonesia, Malaysia, Vietnam, Bahrain, Kuwait, and Kazakhstan.

A highlight of this summit is a new chapter dedicated to discussions on Hong Kong's role in facilitating green development under the Belt and Road Initiative.

Patrick Lau, deputy executive director of the Hong Kong Trade Development Council, told Xinhua that green and sustainable development projects have great potential because many Belt and Road partner countries are embracing new energy sources. Hong Kong can leverage its strengths in research and development, green finance and professional services to foster cooperation.

On its sidelines, the summit showcased over 280 investment projects and set the stage for more than 800 project matching meetings. These sessions focused on areas including energy, transportation, urban development, innovation and technology, as well as logistics infrastructure.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Argentina's Milei hosts Trump allies, Bolsonaro clan at right-wing summit
NATO's Rutte says arms firms need to produce more at lower prices
Cuba's electric grid collapses after power plant failure, millions without light
Singapore Prime Minister Wong elected PAP Secretary-General
South Korean Defence Minister apologises, offers to resign over martial law turmoil
Analysis-Trump taps team geared toward retribution and remaking of government
Trump's plan for Ukraine comes into focus: Territorial concessions but NATO off the table
Russia strongly backs Syrian leadership, says rebels are getting support from outside
Meta seeks new nuclear reactors to run US data centres
S. Korean opposition in bid to impeach Yoon after martial law turmoil

Others Also Read