Switzerland wants to be street, a new Partner of China in the implementation of the controversial Chinese Initiative for a new silk. State and party chief Xi Jinping and the President of the Swiss Confederation Ueli Maurer under an agreement signed yesterday in Beijing. Mason had previously been for several days in Shanghai and Beijing before he took part in the two-day summit on the new silk road in the capital.

Switzerland hopes that in the future more in the area of Finance, banking, insurance and stock exchange work with China. The Eastern partners would be interested in the experience of Switzerland in the area of sustainable investment and the proper protection of big projects, said the Federal President at a press conference. In addition, both countries intend to cooperate in sectors such as Fintech and Blockchain stronger. Maurer spoke of a “very harmonious visit” and good talks with the Chinese President.

The Xi Jinping in Kazakhstan in 2013, launched the Initiative for the construction of roads, Railways, ports and power plants, Oil and gas pipelines in Central Asia, Africa, South East Asia, and Eastern Europe was massively in the criticism. Many of the projects will be in breach of environmental and social standards. So far, mainly Chinese firms benefit from contracts. In addition, China’s state banks awarded loans to States, without considering sufficiently whether they can pay the money back. Recently Sri Lanka had a port for 99 years to China lease, after which it can service its loans had.

Massive criticism

the first silk road conference in may, 2017, no European country had signed the final Declaration of the summit. This year, Italy had already made sure of that in the run-up for resentment, as it had joined in the March as the first member of the major industrial countries (G-7) Initiative. At the weekend, Austria and Italy signed the joint Declaration. Unlike Maurer Federal Chancellor of Austria, Sebastian Kurz, who had also travelled for the summit after Beijing has signed no other bilateral agreement.

the focus of the commitment of Switzerland to the countries in Central Asia, where it operates already. Criticism that Switzerland would support the reckless actions of the Chinese, rejected Mason. China have chosen the country as a Partner, because you have to guess in Beijing, the values of the country. “Switzerland is not a country that looks only to Profit.” Imagine instead, the question of how you can help as a country with “a long humanitarian Tradition” at the Initiative. The rapidly deteriorating human rights situation in China is for the Federal President, not an obstacle to closer cooperation. Beijing is aware of the fact that in this area “a certain amount of pent-up demand”. He could also assess whether the human rights deteriorating situation really so strong. Whether the labour camp in Xinjiang, President Xi spoke, and did not want to comment on the Federal President.

Rather, Maurer paid tribute to the Chinese large-scale project, according to a notice from the Department of Finance as an opportunity “for development, poverty reduction and peace”. In addition, the system was at a peak of mutual visits, The two countries engaged in bilateral dialogues, in approximately 30 areas.

(editing Tamedia)

Created: 29.04.2019, 23:38 PM