Peruvian economist Hernando de Soto opened the first Silk Road Forum on Thursday (October 15th, 2015), the event brought in around 800 attendees from thirty countries to the Georgian capital Tbilisi in order to address the future of this large project. In his speech, De Soto emphasized the importance of infrastructure in developing countries, specifically in regard to the Silk Road union from the XXI century that will link China with Europe.
"I want to applaud the Georgian Prime Minister. Georgia plans are truly ambitious. I myself belong to a developing country. And in my country the infrastructure development is of great importance," he said.
The construction of a modern road network, railway and energy conduits through Central Asia and the Caucasus will allow the trade volume to be multiplied throughout Eurasia.President of the Institute for Liberty and Democracy and designer of a program to grant land titles to the poor, De Soto met with several ministers of the Georgian government during his stay.
As part of this project, the Georgian Prime Minister, Irakli Garibashvili, said his country has a "strategic position" between East and West, between North and South.
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Photo above:The high level participants of the first Silk Road Forum including: His Highness Sheikh Nahyan al Mubarak Nahyan of Abu Dhabi (in white),to his right Georgian Prime Minister Irakli Garibashvili, and to the left of the Sheikh (in white) ILD's Hernando de Soto.
Photo above: Georgian Prime Minister Irakli Garibashvili speaking while ILD President Hernando de Soto watches beside him.