David Nealis President of Ceres Ltd. |
China
and Kyrgyzstan upgrade their relationship to strategic partnership
China and Kyrgyzstan agreed to upgrade their
ties to a strategic partnership level and also to increase cooperation on
security issues due the concern of rising radical Islamic fundamentalism in the
region.
The upgrade means China has established
strategic partnerships with all five Central Asian nations, paving the way for
consolidated security and economic cooperation between China and the
neighboring central Asian region.
Presidents Xi Jinping of China and Almazbek Atambaev,President of Kyrgyzstan announced the upgrade in ties after a meeting
this month. Xi arrived in Bishkek for his first state visit there and to attend
a Shanghai Cooperation Organization summit. It was his last stop of his first
Central Asian trip, which had taken him to Turkmenistan, Kazakhstan and
Uzbekistan.
The Central Asian country with a population of
5.6 million borders the Xinjiang Uygur autonomous region. Some of the
terrorists and organized crime groups in Kyrgyzstan have connections to groups
in Xinjiang, China.
In a speech at Kazakhstan's Nazarbayev
University on Saturday, Xi proposed establishing the economic belt, similar to
the original, ancient Silk Road of more than 2,000 years ago, to boost cooperation
between China and Eurasian countries, which have a combined population of 3
billion.
The presidents witnessed the signing of
documents, including an agreement on the construction and operation of the
Kyrgyzstan-China gas pipeline, which will be a key part of the fourth
Turkmenistan-China natural gas pipeline is vital to China's domestic gas supply.
The two nations also pledged to strengthen cooperation on energy and electric
grid projects.
The two sides also vowed to boost cooperation
in communications and transportation, and study the possibility of establishing
cross-border infrastructure facilities.
China is Kyrgyzstan's largest importer and
second-largest trading partner. Two-way trade reached $5.16 billion in 2012.
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Trading futures and options involves the risk of loss. You should consider carefully whether futures or options are appropriate to your financial situation. You must review the customer account agreement and risk disclosure prior to establishing an account. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of futures results. The risk of loss in trading futures or options can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition
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