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Lebanon aims at playing key role in Belt and Road Initiative

Staff writer ▼ | May 28, 2015
Lebanon's Prime Minister Tammam Salam vowed not to despair despite the enormous challenges facing the country, stressing that Lebanon aims at a key role in the Belt and Road Initiative.
Tammam Salam
Lebanon   No president but big goals
"Lebanon is looking forward to playing a key role in the economic course of Silk Road initiative due to its special position," Salam said in a speech at the sixth session of the Conference of Arab-Chinese Businessmen.

The initiative of the Silk Road Economic Belt and the 21st Century Maritime Silk Road, proposed by Chinese President Xi Jinping in 2013, is aimed at reviving the ancient trade routes that span Asia, Africa and Europe.

"The Arab-Chinese Businessmen Forum constitutes the key pillar of cooperation between the Arab world and China. This event also coincides with the 60th anniversary of the first trade agreement between Lebanon and China," Salam said.

"China has become the first trade partner for Lebanon, and we expect this partnership to extend owing to the new horizons of cooperation," he added.

Salam also indicated that Lebanon was determined to join the Asian Infrastructure Investment Bank (AIIB).

Lebanon marked on Monday one year vacuum in the presidential post since Michel Suleiman's six-year term ended May 25 last year and the parliament failing in 23 consecutive times to elect a new president.