LONDON - The president of the European Bank for Reconstruction and Development (EBRD) believes that China's Belt and Road Initiative will be a transformative benefit in areas where the development bank has worked for many years.
The core values of China's Belt and Road Initiative are shared by the EBRD, its president Suma Chakrabarti told Xinhua on Thursday, saying, "There is very much an overlap between what we do and the Belt and Road Initiative."
The vision for the initiative was a framework for cooperation and development across nations and continents which the EBRD supported, Chakrabarti said.
He noted that such values as integration, green development, and inclusiveness were repeatedly mentioned during the Belt and Road Forum for International Cooperation held in Beijing in May this year, which are also part of the core values of the EBRD.
The core values of China's Belt and Road Initiative are shared by the EBRD, its president Suma Chakrabarti told Xinhua on Thursday, saying, "There is very much an overlap between what we do and the Belt and Road Initiative."
The vision for the initiative was a framework for cooperation and development across nations and continents which the EBRD supported, Chakrabarti said.
He noted that such values as integration, green development, and inclusiveness were repeatedly mentioned during the Belt and Road Forum for International Cooperation held in Beijing in May this year, which are also part of the core values of the EBRD.