Recently, the 6th Silk Expo held the 2022 International Friendship City Industry Matchmaking Conference and the signing ceremony of the key projects of the Belt and Road Initiative of Shaanxi Coal Group. Shaanxi Chemical Group, a subsidiary of Shaanxi Coal Group, and the provincial government of Tierra del Fuego signed a memorandum of understanding on supporting the development of energy and chemical projects in Tierra del Fuego. Zou Xiaoli, Chinese Ambassador to Argentina, Gustavo Meleia, Governor of Tierra del Fuego, Niu Wangdao, Argentine Ambassador to China, Han Shaoan, Deputy Director of the State-owned Assets Supervision and Administration Commission of Shaanxi Province, Yang Zhaoqian, Secretary of the Party Committee and Chairman of Shaanxi Coal Group, etc. attended the signing ceremony and delivered a speech.

Argentina's Belt and Road Key Projects

The provincial government of Tierra del Fuego, Argentina, and Shaanxi Chemical Group, a subsidiary of Shaanxi Coal Group, signed a memorandum of understanding on supporting the development of energy and chemical projects in Tierra del Fuego; Shaanxi Coal Group and Fuhai Group signed a framework cooperation agreement for the Indonesian New Silk Road Industrial Park Project; Shaanxi Coal Group Yulin Chemical Yudong Technology Co., Ltd. and Japan Yugao Co., Ltd. signed a 500,000-ton/year DMC project cooperation agreement for the demonstration project of coal separation and utilization of new chemical materials.

In his speech, Ambassador Zou said that in February 2022, Argentina will become the first major Latin American country to officially join the Belt and Road family. Shaanxi is the origin of the ancient Silk Road, and Tierra del Fuego is known as "the end of the world".

This time, Shaanxi Coal Group plans to invest in Tierra del Fuego with large scale, long industrial chain and strong synergy. It is hoped that the two sides will conduct in-depth communication and consultation, enhance mutual trust, accommodate each other's legitimate concerns, handle relevant issues in a prudent manner, and push for continuous progress in cooperation projects on the basis of market-oriented, commercialized and standardized operations, and create a new model for China-Arab and China-Latin America cooperation. We welcome Shaanxi and Tierra del Fuego provinces to take this cooperation as an opportunity to strengthen all-round exchanges and personnel exchanges, and make new contributions to the promotion of China-Arab comprehensive strategic partnership.

In recent years, Shaanxi Coal Group has actively responded to the national Belt and Road Initiative, implemented the requirements of the Shaanxi Provincial Party Committee and the Provincial Government for overseas investment and development, aimed at creating a world-class enterprise, and insisted on promoting high-quality development with high-quality projects. On the basis of steadily advancing key projects, it actively integrates into the international industrial chain and global ecosystem, and builds a new pattern of overseas development. The scale and volume of overseas project construction and business layout have grown significantly.

The signed project is a key construction project of Shaanxi Coal Group focusing on leading industries and key industrial chains to further optimize the allocation of corporate resources, expand overseas development space, and promote international cooperation in an orderly manner. The new development pattern of mutual promotion in cycles provides strong support for Shaanxi Province's high-level opening up and high-quality development with high-quality projects, and the deep integration of services into the overall pattern of the Belt and Road Initiative. Editor/He Yuting