spot_img
Saturday, November 2, 2024
spot_img
spot_img

Uhuru gets seat at the table in what pundits in new world order

Uhuru gets seat at the table in what pundits in new world order
Uhuru gets seat at the table in what pundits in new world order

BEIJING, China, May 15 โ€“ The Round Table came into existence in the time of the legendary King Arthur; the idea behind it being that when he and his knights sat around it, they would sit as equals; there being no โ€˜headโ€™ of the table.

Itโ€™s one such round-table meeting that President Uhuru Kenyatta took part in on Monday morning before he was scheduled to hold bilateral talks with his host President Xi Jinping of China and the nationโ€™s Premier, Li Keqiang.

- Advertisement -

President Kenyatta is one of only two African leaders invited to take a seat at the table of 30 which includes Russiaโ€™s President Vladimir Putin and Turkeyโ€™s Recep Tayyip Erdogan; the other African leader being Ethiopiaโ€™s Prime Minister Hailemariam Desalegn.

The leaders are gathered in Beijing, China for the Belt and Road Forum for International Cooperation, four years since its inception.

- Advertisement -

The brainchild of President Xi, the initiative is aimed at reviving the historical silk road and maritime routes through Africa, Asia and Europe through a collaborative effort based on, โ€œmutual respect and driven by a common endeavour to pursue prosperity,โ€ President Xi encapsulated at the opening of the forum on Sunday.

In the acknowledgement that, โ€œfinancial bottleneck is a key challenge to realising connectivity,โ€ President Xi announced an increase in his governmentโ€™s contribution to the building of the necessary infrastructure with Kenya looking to secure funding for the dualling of the Northern and Eastern bypasses.

ย 

President Xi got the round-table ball rolling by stating that โ€œroads donโ€™t build themselves and prosperity doesnโ€™t happen on its own.โ€

President Xi has therefore called on world leaders to unite in the effort to confront the challenges of our time which include climate change.

Kenyaโ€™s Standard Gauge Railway has been hailed as a shining example of what is being realised through the Belt and Road initiative and President Xi has been invited to grace its launch in two weeksโ€™ time.

The forum has been viewed by some as the ushering in a new world order given the โ€˜America Firstโ€™ policy adopted by US President Donald Trump which sends the message that the superpower will be taking a back seat where world affairs are concerned.

The message sent out by the world leaders who attended the Belt and Road Forum, to the contrary, was one that espoused open trade as opposed to protectionism.

A message endorsed by UN Secretary General Antonio Guterres, IMF head Christine Lagarde and World Bank President Jim Yong Kim who were also present for the summit.

โ€œTotal trade between China and other Belt and Road countries in 2014-2016 has exceeded US$3 trillion, and Chinaโ€™s investment in these countries has surpassed US$50 billion. Chinese companies have set up 56 economic cooperation zones in over 20 countries, generating some US$1.1 billion of tax revenue and 180,000 jobs for them,โ€ President Xi testified at the forum on Sunday.

Kenyaโ€™s Africa Economic Zones Limited and Chinese firm Goudagong New South Limited had on the same day reached a US$2 billion agreement on a 1,767 acre industrial park in Eldoret.

The Indian government was however notably unrepresented at the forum with its Foreign Ministry Spokesman Gopal Baglay being quoted as saying: โ€œConnectivity initiatives must follow principles of financial responsibility to avoid projects that would create unsustainable debt burden for communities.โ€

Source link-capitalfm.co.ke

 

Uhuru gets seat at the table in what pundits in new world order

Comment on the article

- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
- Advertisement -spot_img
The Cross Of Jesusspot_img

Latest Articles