Expert: BRI a driving force for globalization

The China-proposed Belt and Road Initiative (BRI) has been a driving force for globalization and forging a new world economic order, an expert has said.

“The BRI remains committed to global connectivity and multilateralism in an era marked by de-globalization,” Chheang Vannarith, president of the Phnom Penh-based Asian Vision Institute, told Xinhua in a recent interview.

“Over the past decade, the BRI has yielded remarkable results, opening new avenues for global economic growth and improving people’s lives worldwide,” he said.

The expert said collaboration within the BRI framework has ushered in significant transformation globally, marking an important milestone in the annals of human history. Specifically, the BRI has supported trade and investment liberalization, eliminating barriers and enhancing global trade efficiency, he said.

In line with the U.N. 2030 Agenda for Sustainable Development, the BRI has promoted coordinated economic, social and eco-environmental development, Vannarith noted.

“The BRI is not solely about China’s development but a solution for global development issues,” he said.