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China and African Union Signed

Cooperation Plan on Jointly Promoting

Belt and Road Cooperation

  Recently, Chairman of the National Development and Reform Commission of China, and Chairperson of the African Union Commission signed the Cooperation Plan on Jointly Promoting the Silk Road Economic Belt and the 21st Century Maritime Silk Road between the Government of the People’s Republic of China and the African Union (hereinafter referred to as the Plan). Up to now, China has signed 203 Belt and Road cooperation documents with 138 countries and 31 international organizations.

  The Plan is the first cooperation plan between China and a regional international organization. China and the African Union agreed to focus on promoting policy coordination, infrastructure connectivity, unimpeded trade, financial integration, and people to people bond. The two parties also identified the contents of and key projects for cooperation, and proposed a timetable and road map. The Plan will promote an effective synergy between the Belt and Road Initiative and the AU Agenda 2063, promote the Parties to better leverage comparative

  strengths, jointly respond to the global challenges, promote high quality Belt and Road cooperation, and provide new opportunities for international cooperation and new drive for common development.

  China and the African Union will establish a coordination mechanism for the Belt and Road cooperation and advance the implementation of the Plan.