According to Iran’s Ministry of Economy, the third discussion board was held on December 15 and 16 in Kunming, Yunnan Province, China, with the participation of officers from greater than 20 Indian Ocean atoll nations.
Iran was represented by a delegation led by Abolfazl Koudei, Deputy Minister of Economy and Finance and Director of the Iranian Investment, Economic and Technical Assistance Agency.
During the occasion, Koudei met with the Deputy Director-General of the China International Development Cooperation Agency and mentioned strengthening financial exchanges, particularly the implementation of initiatives in Iran utilizing the sources of the South-South Cooperation Fund and China’s Global Development Initiative.
The two nations formally authorized the implementation of the 2 initiatives in Iran via the signing of the MOU. It was agreed that financing for these initiatives can be facilitated via the South-South Cooperation Fund and the Global Development Initiative, and the MoU marks the beginning of the implementation part.
As the discussion board’s keynote speaker, Mr. Koudei outlined alternatives for bilateral and multilateral cooperation between the Indian Ocean rim nations and China. He proposed joint investments and emphasised the significance of ocean economic system, blue economic system capabilities and new applied sciences to leverage alternatives for regional cooperation and promote commerce exchanges.
The Global Development Initiative is an initiative for regional cooperation and joint initiatives between Iran, China, and different nations, alongside latest Chinese initiatives such because the Belt and Road Initiative, Digital Silk Road, Health Silk Road, and Global Security Initiative. We have supplied a platform for area.
On the sidelines of the occasion, bilateral conferences have been additionally held with the Deputy Ministers of Pakistan, Bangladesh and Thailand, in addition to officers from the Asian Infrastructure Investment Bank, to discover alternatives for cooperation within the Indo-Pacific area.
MNA/TT