Beijing praise as Lisbon joins One Belt, One Road project

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

Beijing praise as Lisbon joins One Belt, One Road project
Reading time: 3 minutes
Published: 21st May 2019, 6:36pm

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
New developments in Portugal! Find yours today!


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:

21st May 2019
UK nationals would be able to enter the EU visa-free for short periods…
21st May 2019
Lisbon tops the ranking of favourite European destinations for the Real…

Buying Property in Portugal

Portugal Homes has very experienced and knowledgeable professionals working with some of the most established and reputable developers Portugal has to offer. Our vast experience allows us to guide you through the best investment choices.

Whether you want a holiday home or an investment property, we select the best units for your profile and take care of all the process from start to finish. Even after the sale! Our After Sales services assume the responsibility of furnishing your property at your taste, taking care of the property in your absence, managing the rentals if you wish to rent your property when you’re not in Portugal and so much more!

To learn more about the Portuguese Non-Habitual Resident Program and our After Sales services, please fill the form below.

Thanks to Andreia Leite for the comprehensive and timely updates on the construction progress of the new development we purchased!

Investor from the USA

Very helpful. Work with his heart. Mark is a very nice advisor. 

Investor from Morocco

Everything was perfect. I got all answers about my questions. 

Investor from Turkey

Ryan was an excellent real estate agent, he really steered me in the right direction based on what I said was important to me. Living in another country, I wasn't as familiar with the city as he is. Where I thought I wanted to live and what I truly wanted were not the same. He took the time to listen and figure out the best spot for me, and we are very happy with it - far more than we would have been elsewhere.

Investor from the USA

The overall experience was great from follow up to After Sales. I would like to give special thanks to Mr. Simon, Ms. Francisca and Ms. Mariana.

Investor from UAE

George Hobson is a pleasant young man, came across as knowledgeable, experienced, hardworking, honest & disciplined; I felt very comfortable in easily making my investment.

Investor from UAE