Cooperation opportunities abundant along BRI
Deepening cooperation in the energy sector will inject new impetus into Belt and Road Initiative-related economies' development, after China and over 10 BRI countries and regions issued a joint declaration during the Belt and Road Energy Ministerial Conference in Suzhou, Jiangsu province, on Oct 18.
Energy cooperation centers are already under construction as part of partnerships between China and the Arab League, the African Union and Central and Eastern European countries. The joint declaration promised to establish an official Belt and Road Energy Cooperation Partnership.
"Further cooperation will improve energy resource allocation, level up clean and low-carbon energy governance, and safeguard regional energy security," said Xie Qiuye, head of the China Electric Power Planning and Engineering Institute.