BELARUS NEWS AND ANALYSIS

DATE:

18/03/2010

Trade with Belarus to increase during Xi's visit

By Zhu Shanshan

A commercial delegation from China will visit the Republic of Belarus when Vice President Xi Jinping makes an official visit to Minsk, capital of Belarus from March 24 to 25.

Enterprises including Citic Construction Co., Ltd., ZTE Corporation and China Gezhouba Group International Engineering Co., Ltd will be going to advance economic and trade cooperation between China and Belarus.

Those companies will sign contracts to invest in infrastructure, telecommunications, transportation, and energy industries in Belarus, according to Tozik Anatoly, ambassador of the Republic of Belarus to China. In addition, China Development Bank and the Export-Import Bank of China will be part of the trade delegation and a loan of $3 billion will be provided to Belarus.

Since establishing diplomatic ties in 1992, the relationship of China and Belarus have consolidated, while the bilateral trade volume soared from $40 million in 1992 to $2 billion in 2009, the ambassador said.

In addition to Belarus, Xi will also travel to Russia, Finland and Sweden.

Source:

http://china.globaltimes.cn/diplomacy/2010-03/514158.html


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