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Wednesday, April 17, 2019, 18:19
Britain's Hammond to attend Belt and Road forum
By Reuters
Wednesday, April 17, 2019, 18:19 By Reuters

UK Chancellor of the Exchequer Philip Hammond attends the International Monetary and Financial Committee (IMFC) conference at the World Bank/IMF Spring Meetings in Washington, April 13, 2019. (JOSE LUIS MAGANA / AP)

LONDON — British finance minister Philip Hammond plans to attend meetings in China to discuss the country's centrepiece international economic plans later this month, his department said. 

Hammond would also discuss British-China bilateral economic and financial cooperation, the UK Treasury said

Hammond attended the previous Belt and Road forum in 2017 to discuss the mammoth project which envisions rebuilding the old Silk Road to connect China with Asia, Europe and beyond with massive infrastructure spending. 

ALSO READ: Second forum 'to further boost Belt and Road development'

Italy has already endorsed the Chinese project and Switzerland said on Tuesday it would sign an accord backing the initiative next month. 

Britain is keen to cement closer ties with Beijing as the world's fifth largest economy looks to re-invent itself as a global trading nation after it leaves the European Union. 

The Treasury said Hammond would also discuss British-China bilateral economic and financial cooperation. 

READ MORE: China urges Britain to earnestly promote 'golden era relationship'

His visit will be subject to a clear parliamentary schedule in London where lawmakers are still trying to find a breakthrough in Brexit talks. They are likely to face more crucial votes in parliament in the coming weeks. 


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