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China's accession to "the TIR Convention", onto the New Silk Road

Source:本站      Click:554      Time:2016-08-10
Canada, "Globe and Mail" reported on July 28, China's accession to "the TIR Convention" an important step to establish a rapid new Silk Road. 15 years after joining the WTO, China hopes the revival of this ancient trade corridor to the west in order to boost its slowing economy. March 2015 President Xi expressed the hope that in 10 years, with annual trade along the Silk Road countries to $ 2.5 trillion last year, trade reached $ 1 trillion.
In Chinese exports to the EU, only less than 10% by road, the rest by sea or air. China joined the Convention is significant, especially its trading partners in Asia and Africa if you join too. Pakistan has recently joined, India and several other East and Gulf countries also expressed interest.
Since January 2017, China will officially become the first 70 States Parties "TIR Convention" in.