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LA PAZ http://www.philadelphiaflyersteamstore.com/adidas-bobby-clarke-jersey , July 8 (Xinhua) -- Bolivia and Russian state nuclear energy agency Rosatom signed three agreements on Friday to build a nuclear research center in El Alto, Bolivia.

The Bolivian city, located 9 km southwest of the capital La Paz, will be home to the Center for Research and Development of Nuclear Energy for Peaceful Purposes.

Bolivian Vice President Alvaro Garcia Linera, who presided over the signing of the memorandum of understanding http://www.philadelphiaflyersteamstore.com/adidas-bill-barber-jersey , said that as an exporter of lithium used in nuclear fusion, Bolivia should learn how to make the most of the natural resource.

""We can't have the world using lithium over the next 20, 30 or 50 years, while we Bolivians remain incapable of using lithium for our own benefit,"" said Garcia.

""We have lived like this for 500 years. For 500 years we have used Bolivia's raw materials so that other countries around the world would develop science http://www.philadelphiaflyersteamstore.com/adidas-bernie-parent-jersey , technology and industry, and we don't want to repeat that history. That's why we have made a decision: to plant today so we can harvest in 2025, 2030, 2040,"" said the vice president.

Bolivia's Minister of Hydrocarbons and Energy Luis Sanchez signed the documents http://www.philadelphiaflyersteamstore.com/adidas-anthony-stolarz-jersey , along with Kirill Komarov, Rosatom's first deputy CEO for Corporate Development and International Business.

The agreements cover construction, training of personnel and public-sector use of nuclear technology.

Sanchez said construction of the research center, which will focus on the application of nuclear energy to the fields of medicine, agro-industry and technology http://www.philadelphiaflyersteamstore.com/adidas-andrew-macdonald-jersey , will get underway on July 31.

""And as Rosatom has said, it will be the most important nuclear center in Latin America, the biggest, the most modern and the most efficient,"" said Sanchez.

Rosatom's Komarov said he was confident the center ""we are building jointly is going to provide a significant push to the social http://www.philadelphiaflyersteamstore.com/ , economic and infrastructure development of the city of El Alto.""

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Chinese investment in Europe and North America retreated in 2017 in tandem with China's posting its first fall in foreign direct investment globally since 2006 as stricter guidelines were imposed.

Chinese FDI into North America fell sharply by 35 percent to US$30 billion last year amid government policies restricting outbound investment, according to a report of global law firm Baker McKenzie's and consulting company Rhodium Group.

Although FDI into Europe soared 76 percent to US$81 billion, the growth was solely due to the delayed completion of ChemChina's record US$43 billion takeover of Swiss agribusiness company Syngenta. If this mega deal had not been completed in 2017, Chinese investment in Europe would have tumbled 22 percent to US$38 billion.

But the figures backed up official Chinese data showing that the country's global FDI flows had declined by over a third in 2017 — the first drop since 2006.

""The main reason for the fall was guidelines introduced by the Chinese government imposing additional restrictions on outbound investment to address balance of payment concerns and mitigate perceived risks for China's financial system arising from rapid overseas investment,"" Baker McKenzie said.

Additionally http://www.philadelphiaflyersteamstore.com/adidas-wayne-simmonds-jersey , Chinese FDI faced growing regulatory scrutiny in many host countries. The Committee on Foreign Investment in the US was especially strict in its monitoring that at least seven major deals were impacted greatly, according to the report.

Also Chinese capital controls introduced in late 2016 greatly slashed the average size of deals announced in 2017 across all industries and investor types. The deals fell from US$626 million in North America in 2016 to US$282 million last year, and in Europe they declined from US$346 million in 2016 to US$162 million.

""The momentum of deals involving Chinese investors dropped sharply from Q3 2016 to the first half of 2017,"" said Mike DeFranco, global head of M&A at Baker McKenzie.

""Now that it is clear how the rules have changed for Chinese investors at home and abroad http://www.philadelphiaflyersteamstore.com/adidas-valtteri-filppula-jersey , activity is picking up, and 2017 was still the second-best year on record in North America and technically the best in Europe, despite all the challenges for dealmakers,"" he said.

Chinese investors cancelled or withdrew 19 announced deals worth over US$12 billion in North America and Europe in 2017, compared with the 30 deals cancelled in 2016. Around US$5 billion of Chinese investments are being reviewed by regulators in the US and Europe.

Chinese investors favored investment in real estate and hospitality http://www.philadelphiaflyersteamstore.com/adidas-travis-sanheim-jersey , transport, utilities and infrastructure as well as ICT in both North America and Europe.

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Diplomats from 29 countries including US Secretary of State Rex Tillerson meet in Paris on Tuesday pushing for sanctions and criminal charges against the perpetrators of chemical attacks in Syria.

The chemical weapons meeting comes after allegations Monday of a fresh chemical attack by the Syrian regime on Douma in the rebel-held region of Eastern Ghouta.

The alleged attack prompted a sharp warning from the US to Russia to rein in its ally, Syrian President Bashar al-Assad.

The regime has been accused of using chemical weapon, with the UN among those blaming it for an April 2017 sarin gas attack on the opposition-held village of Khan Sheikhun.

There have been at least 130 separate chemical weapons attacks in Syria since 2012, according to French estimates.

(Agencies)

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