14. We uphold the spirit of peace, cooperation, openness, transparency, inclusiveness, equality, mutual learning, mutual benefit and mutual respect by strengthening cooperation on the basis of extensive consultation and the rule of law, joint efforts, shared benefits and equal opportunities for all. In this context we highlight the following principles guiding our cooperation, in accordance with our respective national laws and policies:
a) Consultation on an equal footing: Honoring the purposes and principles of the UN Charter and international law including respecting the sovereignty and territorial integrity of countries; formulating cooperation plans and advancing cooperation projects through consultation.
b) Mutual benefit: Seeking convergence of interests and the broadest common ground for cooperation, taking into account the perspectives of different stakeholders.
c) Harmony and inclusiveness: Acknowledging the natural and cultural diversity of the world and recognizing that all cultures and civilizations can contribute to sustainable development.
d) Market-based operation: Recognizing the role of the market and that of business as key players, while ensuring that the government performs its proper role and highlighting the importance of open, transparent, and non-discriminatory procurement procedures.
e) Balance and sustainability: Emphasizing the importance of economic, social, fiscal, financial and environmental sustainability of projects, and of promoting high environmental standards, while striking a good balance among economic growth, social progress and environmental protection.
15. We affirm the need to prioritize policy consultation, trade promotion, infrastructure connectivity, financial cooperation and people-to-people exchanges, and we highlight concrete actions, in accordance with our national laws and regulations and international obligations where applicable, such as:
a) Pursuing dialogue and consultation in order to build synergies in development strategies among participating countries, noting the efforts to strengthen cooperation in coordinating development of the Belt and Road Initiative with other plans and initiatives as mentioned in Paragraph 6 and to promote partnerships among Europe, Asia, South America, Africa and other regions.
b) Conducting in-depth consultation on macroeconomic issues by optimizing the existing multilateral and bilateral cooperation and dialogue mechanisms, so as to provide robust policy support for practical cooperation and the implementation of major projects.
c) Strengthening cooperation on innovation, by supporting innovation action plans for e-commerce, digital economy, smart cities and science and technology parks, and by encouraging greater exchanges on innovation and business startup models in the Internet age in respect of intellectual property rights.
d) Promoting practical cooperation on roads, railways, ports, maritime and inland water transport, aviation, energy pipelines, electricity, fiber optic including trans-oceanic cable, telecommunications and information and communication technology, and welcoming the development of interconnected multimodal corridors, such us a new Eurasian Land Bridge, Northern Sea Route, the East-West Middle Corridor etc., and major trunk lines to put in place an international infrastructure network over time.
e) Maximizing synergies in infrastructure planning and development by taking into account international standards where applicable, and by aiming at harmonizing rules and technological standards when necessary; fostering a favorable environment and predictability for infrastructure investment by private capital; promoting public-private partnership in areas that create more jobs and generate greater efficiency; welcoming international financial institutions to increase support and investment for infrastructure development.
f) Deepening economic and trade cooperation; upholding the authority and effectiveness of the multilateral trading system, and working together to achieve positive outcomes at the 11th WTO ministerial conference; promoting trade and investment liberalization and facilitation; enabling the general public to benefit from trade.
g) Expanding trade by nurturing new areas of trade growth, promoting trade balance and promoting e-commerce and digital economy, welcoming the development of free trade areas and signing of free trade agreements by interested countries.
h) Advancing global value chains development and supply chain connectivity, while ensuring safer work places and strengthening social protection systems; increasing two-way investment, and enhancing cooperation in emerging industries, trade and industrial parks and cross-border economic zones.
i) Enhancing cooperation in ensuring the protection of the environment, of bio-diversity and of natural resources, in addressing the adverse impacts of climate change, in promoting resilience and disaster-risk reduction and management, and in advancing renewable energy and energy efficiency.
j) Regarding the process of customs clearance, strengthening cooperation on information exchange and on developing mutual recognition of control, mutual assistance of enforcement, and mutual sharing of information; enhancing customs cooperation with a view to facilitating trade including by harmonizing procedures and reducing costs, and in this regard, strengthening cooperation in protecting intellectual property rights.
k) Jointly working on a long-term, stable and sustainable financing system; enhancing financial infrastructure connectivity, by exploring new models and platforms of investment and financing and improving financial services; assessing the opportunity to better serve local financial market; and encouraging development-oriented financial institutions to play an active role and strengthen cooperation with multilateral development institutions.
l) Contributing to a stable and equitable international financial system; promoting openness and connectivity among financial markets, including through mutual cooperation on payment systems and the promotion of financial inclusion; encouraging financial institutions to establish commercial presence in relevant countries and regions; promoting bilateral local currency settlement and cooperation agreements, and facilitating the development of local currency bonds and stock markets; encouraging dialogues to enhance financial cooperation and fend off financial risks.
m) Promoting people-to-people exchanges and bonds by deepening practical cooperation on education, science, technology, sport, health, think-tank, media, capacity building including through internships.
n) Encouraging dialogues among civilizations, cultural exchanges, promoting tourism and protecting the world's cultural and natural heritage.
Our Vision for the Future
16. Our joint endeavor on the Belt and Road Initiative and seeking complementarities with other connectivity initiatives provide new opportunities and impetus for international cooperation. It helps to work for a globalization that is open, inclusive and beneficial to all.
17. We reiterate that promoting peace, mutually-beneficial cooperation,and honoring the purposes and principles of the UN Charter and international law are our shared responsibilities; achieving inclusive and sustainable growth and development, and improving people's quality of life are our common goals; creating a prosperous and peaceful community with shared future for mankind is our common aspiration.
18. We congratulate China on successfully hosting the Belt and Road Forum for International Cooperation. Enditem