End Of The Road For Foreign Agreements

September 18, 2021 at 10:23 pm

Xi Jinping visited in September and October 2013 Only-Sultan, Kazakhstan and Southeast Asia and proposed to: build together a new economic space, the Economic Belt of the Silk Roads (chinese: 丝绸之路经济带) [63] The “belt” includes original Silk Road countries across Central Asia, Western Asia, the Middle East and Europe. The initiative would create a coherent economic space by putting in place both difficult infrastructure such as rail and road links, as well as flexible infrastructure, such as trade agreements and a common trade structure, with a judicial system for monitoring agreements. [8] It would promote cultural exchanges and expand trade. In addition to an area largely analogous to the historic Silk Road, South Asia and Southeast Asia are extensive. More broadly, China`s leaders are determined to restructure the economy to avoid the so-called middle-income trap. In this scenario, which has affected nearly 90 per cent of middle-income countries since 1960, wages rise and quality of life improves as low-skilled output increases, but countries find it difficult to then move on to producing better quality goods and services. From 2025, the Brenner Base Tunnel will also connect the Upper Adriatic with southern Germany. The port of Trieste, which, together with Gioia Tauro, is the only deep-water port in the central Mediterranean for seventh-generation container ships, is therefore a special objective for Chinese investment. In March 2019, the China Communications Construction Company (CCCC) signed agreements to promote the ports of Trieste and Genoa. As a result, the annual transhipment capacity of the port will increase from 10,000 to 25,000 trains in Trieste (Trihub project) and will create a reciprocal platform for the promotion and management of trade between Europe and China. It is also about promoting logistics between the port of North Adria and Shanghai or Guangdong. These include a Hungarian public investment of €60 to €100 million for a 32-hectare logistics centre and €45 million in funding from the European Union in 2020 for the extension of the rail system in the port city. In addition, the Hamburg Port Logistics Group HHLA invested in September 2020 in the logistics platform of the Port of Trieste (PLT).

[82] The Minister would then be able to tear up agreements already reached or order a halt to negotiations and intensify prosecutions before the Supreme Court if the injunction was not complied with. Transactions involving commercial groups and state-owned enterprises would be excluded from the new regime, as would foreign universities, unless they are weapons of a foreign government such as military schools. .