Seventh 16+1 Summit takes place in Sofia

China-CEE Summit Bucharest 2013; Foto: Wikimedia Commons/Partidul Social Demokrat

SOFIA – Seventh annual Central Eastern Europe-China Summit, better known as “16 + 1” Summit, takes place in Bulgarion capital on 6 and 7 July.

The 16+1 framework is an initiative by China aimed at expanding co-operation with 11 Centarl and Eastern European EU members (Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia) and five pontential and current EU candidate caountries from Western Balkans (Albania, Bosnia and Herzegovina, Montenegro, Serbia and Macedonia) in the fields of investments, transport, finance, science, education and culture.

The first Summit was held in Poland in 2012. Two years later, the host city was Belgrade, first and so far only one from the Western Balkans.

At this year’s Summit, industrial partnership, infrastructure and mutual investments, agriculture, tourism and high-tech industry will be presented as the most important points of economic cooperation.