China hosted the Second Belt and Road Forum for International Cooperation (BRF) in Beijing on 25-27 April 2019. Since the first BRF and during the second one, national and international governments, local and foreign authorities, enterprises, organizations, and banks reached a series of cooperation agreements, important measures and practical results.

As the host country, China has put together the most representative outcomes, and formed a list of deliverables of the second BRF. The list includes 283 concrete results in six categories:

1. initiatives proposed or launched by the Chinese side,
2. bilateral and multilateral documents signed during or immediately before the second BRF,
3. multilateral cooperation mechanisms under the BRF framework,
4. investment projects and project lists,
5. financing projects,
6. projects by local authorities and enterprises.

I. The Initiatives Proposed or Launched by the Chinese Side category were related, among others, to:

border facilitations; developing bonds; cooperation initiatives; technology exchange; debt management capacity; platforms for sharing custom information; exchanging and sharing standards information; scholarships, experience sharing, talents exchange, publications promotion library programs; research projects; First Aid Corridor Program; South-South cooperation Initiative on climate change; cooperation on green finance; summer camp for youths; in addition to China sponsoring, co-organizing and holding programs and seminars on research and training, business integrity and anti-corruption, expos and forums.

II.The Bilateral and Multilateral Documents Signed during or Immediately before the Second BRF category included among others:

MOUs on development and cooperation plans; trade; supervisory cooperation; third-party market cooperation; effective implementation of maritime labor; on postal and express delivery services; on South-South Cooperation; work safety; anti-corruption; strengthening investment and financing cooperation; on promoting small hydroelectric power plants…

Cooperation agreements were concluded and/or signed on science, technology, innovation, preventing theft, clandestine excavations, illicit imports and exports of cultural properties; on promoting specifications for pesticide quality; renewable energy; accounting and audit supervision; customs and inspection and quarantine cooperation; energy cooperation, third-party market cooperation….

In addition to signing action plans on digital and transport cooperation and tax treaties.

III. Multilateral Cooperation Mechanisms under the BRF Framework included among others: the setting up of the Maritime Silk Road Port Cooperation Mechanism and releasing the Ningbo Initiative on the above mentioned Cooperation; signing up to the Green Investment Principles; establishing the Multilateral Cooperation Center for Development Finance; establishing the Belt and Road Accounting Standards Cooperation mechanism and Tax Administration Cooperation Mechanism; launching the Belt and Road International Green Development Coalition with different foreign environmental departments; announcing the Joint Statement on Pragmatic Cooperation in the Field of Intellectual Property among Countries along the Belt and Road; establishing the Belt and Road Energy Partnership with different countries; building

the Belt and Road Sustainable Cities Alliance; establishing the International Commercial Dispute Prevention and Settlement Organization; establishing the Working Mechanism for the Belt and Road Earthquake Risk Reduction Cooperation; initiating the “Customs-Train Operators Partnership for Secure and Expedited Clearance of CR Express Carried Goods; establishing the Association of China-LAC Development Financial Institutions; co-organizing the International Youth Forum and releasing the Changsha Initiative; launching the Alliance of International Science Organizations in the Belt and Road Region; establishing the International Alliance of Museums of the Silk Road (IAMS) and signing the Framework Agreement on IAMS Exhibition Cooperation; adopting the Chengdu Initiative of the Silk Road International Library Alliance; setting up the Network of Silk Road Arts Festivals in addition to the International League of Theatres; founding the Silk Road International Alliance of Art Museums and Galleries; launching the Belt and Road Studies Network; establishing the Belt and Road Economic Information Partnership; carrying out the BRI Sustainable Investment Facility Project and conducting pilot projects; studying the pathways and scientific solutions of green Silk Road development; strengthening the capacity building for the monetary authorities in Belt and Road partner countries with training and organizing international financial cooperation and exchange seminars.

IV. Investment Projects and Project Lists included among others:

signing documents on various projects like production capacity and investment cooperation, developing third-party market cooperation, promotion projects, early harvest projects, cooperation on construction of Nongkai-Vientiane railway project; the signing of MOU on East-Coast Railway industrial park, infrastructure, logistic centers and development cooperation; establishment of co-investment platforms; launching co-investment funds; investing in different projects; co-launching with relevant countries and enterprises bilateral funds; investing in different projects; signing strategic cooperation and assists, signing a memorandum of understanding on insurance and reinsurance business related to the BRI and on the Development and Construction Cooperation of the “Hareer City and Five Islands”.

V. Financing Projects

The Chinese banks signed loan agreements with relevant foreign institutions for different projects and entered into financing cooperation agreements respectively with foreign banks.

VI. Projects by Local Authorities and Enterprises

The Chinese local authorities and enterprises built industrial, agricultural and the Medical Science and Technology parks, respectively in Serbia, Tajikistan, Senegal, and Uzbekistan. They developed industrial, sci-tech, healthcare in addition to other projects and cooperation programs with UAE, Cambodia, Nepal, Kenya, Serbia; invested in and constructed the Zhongtai New Silk Road Tajikistan, the Belt & Road Logistics and Trade Complex in United Arab Emirates, and constructed the PTA/PET project in Saudi Arabia, and upgraded and constructed the bus terminal project in Myanmar.

In addition to the above mentioned projects, the Chinese acquired the Tata Steel Southeast Asian Plants in Singapore and Thailand, and got engaged in laterite nickel ore for battery-grade nickel chemical production in Indonesia.

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