China pins hopes on China-Mongolia-Russia economic corridor — diplomat

China hopes the project to set up a transport corridor linking China, Russia and Mongolia will be soon translated into practice, Chinese Foreign Minister Wang Yi said at talks with his Mongolian counterpart Lundeg Purevsuren on Thursday.

China hopes the project to set up a transport corridor linking China, Russia and Mongolia will be soon translated into practice, Chinese Foreign Minister Wang Yi said at talks with his Mongolian counterpart Lundeg Purevsuren on Thursday.

"Setting up a trilateral economic corridor is one of the key points in Chinese Silk Road Economic Belt initiative," the foreign minister said, referring to the project to revive the ancient trade route linking China with Central Asia and Europe.

"It also correlates with the infrastructure project Steppe Road of Mongolia and Russia’s strategy to create a Eurasian transport corridor," the Chinese Foreign Ministry quoted him as saying.

"Establishing a new path that will connect three states will open a new channel for cooperation. It will cross the European and Asian continents, creating a new platform for joint development," the diplomat added

Wang Yi also said that at the moment China was also implementing two similar initiatives of transport corridors - a project with India, Myanmar and Bangladesh, as well as a bilateral project with Pakistan.

First published by TASS.

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