(ANSA-AFP) - BUDAPEST, APRIL 24 - Hungary signed Friday a
China-financed loan agreement for a high-speed railway linking
Budapest and Belgrade, billed as Hungary's biggest ever
infrastructure investment and one whose contract details could
be kept secret for a decade. "An important agreement was reached
today: the construction work can begin with the signing of the
loan agreement for the Budapest-Belgrade railway line," said
Finance Minister Mihaly Varga in a Facebook video. The
350-kilometre-long (220 mile) high-speed rail line would form
part of a planned railway connection linking central Europe with
the Chinese-run Piraeus port in Greece. The project is part of
China's ambitious "Belt and Road" initiative, Chinese President
Xi Jinping's signature global infrastructure project to deliver
Chinese goods from east to west. (ANSA-AFP). (ANSA).
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