mo4ch:>Switzerland backs China’s new Silk Road as Western allies twiddle their thumbs | Mo4ch News
Switzerland has become the fourth European country to join China’s ambitious global trade infrastructure project, the Belt and Road Initiative (BRI).The Swiss Finance Ministry announced that President Ueli Maurer is planning to sign a deal on cooperation with China under the new Silk Road project during his visit to Beijing later this month.Maurer, who is also finance minister, will pay an eight-day visit to China on April 22 with the Swiss delegation expected to attend the second Belt and Road Forum for International Cooperation that will take place in the Chinese capital.Also on rt.com‘Just jealous’: Italy responds to criticism for joining China’s Belt and Road InitiativeAccording to the Swiss Finance Ministry, the potential deal will strengthen trade and economic ties between the countries, promoting investment into minor infrastructure enterprises under the broader project led by China.“The aim of the memorandum is for both parties to intensify cooperation on trade, investment and…