Record 45 MoUs Signed at 10th Belt and Road Summit, Strengthening Global Economic Ties

The 10th Belt and Road Summit concluded successfully after attracting 6,200 participants from more than 70 countries and regions, marking a significant milestone in international economic cooperation. A record 45 Memoranda of Understanding were signed during the two-day event, covering diverse sectors including aviation, energy, finance, infrastructure, and technology, demonstrating the expanding scope of Belt and Road Initiative collaborations.

The summit facilitated both government-to-government and business-to-business agreements spanning multiple regions including Mainland China, Hong Kong, ASEAN countries, the Middle East, Australia, Germany, Hungary, Kazakhstan, New Zealand, Pakistan, and the United States. One notable agreement involved Invest Oman and the Hong Kong Trade Development Council to promote bilateral economic cooperation and knowledge exchange between the two economies.

Several business agreements focused on projects with significant social impact, including cross-sector collaborations between finance and agricultural technology. A joint venture between Indonesia's Chickin PTE LTD and Hong Kong's LINKTA Technologies Limited aims to apply advanced agricultural technology to Indonesia's layer hen market, potentially improving local livelihoods while supporting business expansion. This partnership addresses critical issues in the poultry industry, including feed waste reduction and mortality rate management.

The summit also featured innovative multi-party agreements, including a collaboration between Australia's Planex, Germany's ESCP Business School, Hong Kong's Carbon Offset Association Limited, and the United States' Arx Veritas to develop ESG and carbon credit trading education in Hong Kong. This initiative reinforces Hong Kong's emerging role as a hub for carbon expertise in the Asia Pacific region, leveraging its established position as one of the world's top financial centers.

New Zealand's Infinite Water Limited signed two separate Memoranda of Understanding with American companies Realtime Purity and DAUM Consulting, establishing strategic collaboration frameworks in water treatment technology. These agreements represent the commercialization phase for technologies developed through years of research and development, expected to enter an exponential growth stage in the global water treatment market.

The Project Investment Session showcased more than 300 matched investment projects, while over 800 one-to-one project matching meetings were arranged during the summit, with deal-making continuing online through September 16. The exhibition area hosted over 120 exhibitors showcasing innovative solutions and industry strengths, including a new ASEAN Zone featuring multi-sector projects from the region.

New elements introduced this year included the Signature B&R Projects-featured Session, which highlighted major infrastructure projects in Thailand and Saudi Arabia, and the Middle East & ASEAN Market Focus theme under the Project Investment Session. These additions enhanced the deal-making process and drew significant attention from participants seeking opportunities in these rapidly developing regions.

The summit's impact extends beyond immediate business agreements, fostering cross-regional dialogues through special address sessions featuring government officials from Laos and Indonesia, along with representatives from the World Economic Forum. The continued online deal-making platform and upcoming Belt and Road Global Forum Annual Roundtable 2025 ensure that the momentum generated during the summit will lead to sustained multilateral cooperation and economic development across participating regions.