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Dr. Sushko’s Keynote speech at the 3rd ICEFMS Hangzhou China | Part 2: The opinions of different experts on the Initiative “One Belt One Road”

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Dr. Elizabeth Sushko has given a Keynote speech at the 3rd International Conference on Economics, Finance and Management Science on (May 27-29, 2018 | Hangzhou, China).
 
The topic of her speech was "One Belt and One Road Initiative: Challenges and International Legal Aspects".
 
Dr. Elizabeth Sushko’s Keynote Speech
“One Belt and One Road Initiative: Challenges and International Legal Aspects”

Part 2
Dr. Elizabeth Sushko has continued her speech with the presentation of the opinions of the experts in different spheres and paid attention of the participants to the complexity of the problems the One Belt One Road Initiative has.

She mentioned the opinions of:
1. Mr. Chen Wei, Partner, Attorney at Law, Longan Law Firm, on financial and legal risks;

2. Dr. Viktor Kiktenko, President of the Ukrainian Association of Sinologists, Member of Academic Committee of Chinese Culture Translation and Studies Support (Research Center for Chinese Translation and Studies Worldwide, Beijing Language and Culture University), Editor-in-Chief of the Collected Works “Chinese Studies” and “Ukraine-China” Magazine, on the importance of growing experts with the knowledge of Chinese;

3. Dr. Geoffrey West, Partner of Elsushkolawyers, Professional Engineer (Mechanical, Electrical, Electronic, Sound spheres), Director specialized in Corporate Training, TEFL in China, Food Processing, Critical Thinking, Member of numerous associations, on the lack of experts in Project management & Project analysis.

1.
Financial and Legal Risks

Mr. Chen Wei has expressed his opinion:
“If Chinese companies invest massive capital in the OBOR countries, the risk is unknown yet. 
We need to take into consideration if the OBOR countries are the parties to same international conventions as China.
As far as I can see, some international arbitration agencies are opening offices in China, preparing to face the dispute might take place.
As a result of currency control policy we see very few examples that Chinese civil-run companies merge other companies alongside the OBOR. Certain huge state-run companies are conducting constructions in a few countries. But we don’t see whether or not they have legal disputes”.
 
elsushko dr. Elizabeth SushkoDr. Elizabeth Sushko presented an expert opinion of Mr.Chen Wei
 
 
2.
Lack of Experts with the Knowledge of Chinese
Dr. Viktor Kiktenko's expert opinion:
“At the moment, the expert community of sinologists is not numerous and institutionally united only within the framework of the Ukrainian Association of sinologists”.
 
Hanghou China elsushko.com Dr. Elizabeth Sushko 乌克兰 Sinologists AssociationDr. Elizabeth Sushko presented an expert opinion of Dr. Viktor Kiktenko
 

3.
Lack of experts in Project management & Project Analysis
 
In Dr. Geoffrey West’s opinion:
“OBOR brings more opportunities to the Western and Central China for their further development, which is very important”.
However,  the “OBOR projects need geopolitical strategists and experts who have a strong command of knowledge in professional Project management & Project Analysis”.

Hanghou China elsushko.com Dr. Elizabeth Sushko Dr. Geoffrey WestDr. Elizabeth Sushko presented an opinion of Dr. Geoffrey West

Conclusions
 
Dr. Elizabeth Sushko’s Keynote Speech
“One Belt and One Road Initiative: Challenges and International Legal Aspects”