Treasury and Finance Minister Mehmet Şimşek will go to China to attend a number of high-level conferences this week, together with a serious intergovernmental committee gathering.
As a part of his official go to to the capital, Beijing, Şimşek will first attend the joint working group assembly on Nov. 6 to debate the harmonization of the Middle Corridor Initiative and the Belt and Road Initiative (BRI) in line with info obtained by Anadolu Agency (AA) on Tuesday.
The Memorandum of Understanding (MoU) on the Harmonization of the Silk Road Economic Belt, the twenty first Century Maritime Silk Road and the Middle Corridor Initiative was signed within the Turkish Mediterranean resort metropolis of Antalya in 2015.
The assembly may even focus on air and street connectivity, inexperienced transformation, vitality cooperation, business and investments, in addition to commerce and financial points.
The minister may even attend the second Türkiye-China Intergovernmental Cooperation Committee (ICC) assembly, the highest-level session mechanism between the 2 international locations, on Nov. 7.
Şimşek and Chinese Deputy Prime Minister Zhang Guoqing will co-chair the committee, which was established with an MoU signed in Beijing in 2015.
The committee fulfills duties equivalent to figuring out the precedence areas of cooperation, comprehensively evaluating the cooperation in politics, financial system, commerce, vitality, transportation, safety, tradition, tourism and different fields, and enhancing communication.
The first assembly of the committee was held within the capital, Ankara, on Nov. 4, 2016.
The timing of the assembly is necessary as it is going to be held after the BRICS summit and earlier than the G-20 summit.
The committee assembly is predicted to incorporate consultations on bilateral ties between Ankara and Beijing and an change of views on regional and worldwide points.
Gathering with Chinese finance, funding companies
Separately, Şimşek may even maintain bilateral conferences throughout his go to to Beijing.
He will meet with Chinese Vice President Han Zheng and Asian Infrastructure Investment Bank’s President Jin Liqun, in addition to senior executives of Chinese monetary and funding corporations, together with ICBC and the Bank of China.
Economic and commerce relations may even play a serious position within the conferences.
While the bilateral commerce quantity exceeded $48 billion in 2023, China is Türkiye’s first largest buying and selling associate in Asia and third on this planet.
The discussions may even concentrate on a extra balanced and sustainable construction of bilateral commerce and cooperation alternatives on investments from China to Türkiye.
Source: www.dailysabah.com