Beijing praise as Lisbon joins One Belt, One Road project

  • Home >
  • Beijing praise as Lisbon joins One Belt, One Road project

Beijing praise as Lisbon joins One Belt, One Road project

Published on 21st May 2019

China “deeply appreciates” Portugal’s participation in the “One Belt, One Road” initiative, noting Portugal’s strategic location, and the fact it was one of the first western European countries to join Beijing’s international vision.

In a statement sent to Lusa News Agency a few days before President Marcelo Rebelo de Sousa was due to start his state visit to China, the Chinese government praised Lisbon’s “active adhesion and attention” to its plan.

A network of railways and highways will connect the western region of China to Europe and the Indian Ocean, crossing Russia and Central Asia, and there will be a range of ports in Africa and the Mediterranean waters that will strengthen the maritime links of the prosperous Chinese coastal cities.

In the communiqué, Beijing stressed Portugal’s “very important” position in the extreme west of Eurasia, hinting at coordination with Lisbon which wants to include an Atlantic route in the Chinese programme, allowing the port of Sines to connect the Far East routes to the Atlantic Ocean and thus benefit from the expansion of the Panama Canal.

Recalling the visit of China’s President Xi Jinping to Lisbon last December, this “raised the relations to a new level”, and the Chinese authorities consider that Portugal “is a positive example” for cooperation between China and Europe.

Portugal is one of the first western European countries to sign a cooperation document under the scope of the ‘One Belt, One Road’ initiative”, it said.

Portugal’s president, Marcelo Rebelo de Sousa, said he was pleased with the Portuguese participation in the ‘One Belt, One Road’ initiative as this could take advantage of Portugal’s “strategic position in Europe, in western Europe and close to other continents”.

Meanwhile, analysts that Lusa spoke to have agreed that the duration of the president’s 24-hour trip to Macau compared to his six-day trip to China, shows the priority domestic diplomacy gives to Beijing.

China is too big and wealthy to insist on Macau as the gateway to the country, an analyst further told Lusa: “There is a great expectation, (…) but the stay is very short…”, the chair of the Regional Council of Portuguese Communities of Asia and Oceania, Rita Santos, said.

Source: The Portugal News

About Portugal Homes
PortugalHomes.com specializes in selling Holiday Homes and Investment Properties. We help buyers find the right property overseas whether it be for Golden VisaNHR, Investment or simply a place in the sun, our properties are selected with great thought in mind to give our clients the best opportunities, we offer the complete service from Introducing them to Legal RepresentativesCurrency ExchangeMortgage AdvisorsProperty ManagementRental and Furniture Packages along with making sure all our staff are trained to fully understand the buying process and taxes for every scenario, we provide the complete service to anyone looking to buy a new or resale property overseas for holiday use or as a short or long-term investment.

To find out more, please contact us:

Download our
brochure now
Available below

latest news

12
Jun
Portugal best European destination for the 3rd consecutive year

Portugal best European…

Portugal was chosen this weekend as the best European tourist destination for the third year…
12
Jun
Portugal’s Golden Visa on Track to Raise a Record Billion Euros in 2019

Portugal’s Golden…

After a slight drop in the first three months of 2019, the investment volume trend turned…
11
Jun
Festas de Lisboa, Lisbon’s Popular Festivities

Festas de Lisboa, Lisbon’s…

In June, have fun at the popular “Festas de Lisboa”! The main night of Lisbon’s…

Please note that Portugal Homes will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

Search for a property

latest properties

Sold
Liberdade
€535,000
  • Bed 3 Bed
  • Property TypeBuilding
  • Area120 sqm
  • REF: PW443
Available
Baixa
€890,000
  • Bed 2 Bed
  • Property TypeApartment
  • Area115 sqm
  • REF: PW442
€380,000-€550,000
  • Bed 2 Bed
  • Property TypeApartment
  • REF: PW441
Available
Liberdade
€2,200 /pm
  • Bed 2 Bed
  • Property TypeApartment
  • Area100 sqm
  • REF: PW437
SIGN UP FOR PROPERTY ALERTS