Prime Minister Alexis Tsipras is travelling to Beijing on Thursday to attend the “Belt and Road Initiative Forum II” initiative of China from April 25 to 27.
The initiative, which aims at regional collaborations and connectivity at the intercontinental level, will boost trade, investments and infrastructure projects between China and the countries which participate in it.
Tsipras, who is making his third trip to China in as many years, is expected to deliver an address during the opening of the forum on Friday, as well as during the country leaders’ round table discussion. The theme of the speech will be “Strengthening Connectivity to find New Ways of Development.”
Government sources say that, in conjunction with Greece’s participation in the “17+1 Initiative”, joining the “Silk Road” initiative of China will promote the country’s role as a connectivity hub between Europe and Asia, and benefit the Greek economy to a great degree.
China’s presence in Greece through its investment by Cosco at the Port of Piraeus, sources said, highlights the strategic importance China places on Greece as a rising container and logistics hub in the region.
During his official visit to Beijing, Tsipras is scheduled to meet with Chinese President Xi Jinping, Prime Minister Li Keqiang, and Wang Yang, and members of both the Standing Committee and the Political Bureau of the Communist Party of China.
The two countries are also expected to sign a new, three-year (2020-2022) collaboration framework between the Greek Ministry of the Economy and China’s National Committee of Development and Reforms. The agreement will focus on energy, transportation, telecommunications, manufacturing, research and development, and banking.