China eyes trade route deal with Mongolia during Xi visit


  • World
  • Monday, 18 Aug 2014

BEIJING (Reuters) - China expects to sign agreements to give landlocked and resource-rich Mongolia easier access to Chinese territory for its exports when President Xi Jinping visits the country this week, a senior diplomat said on Monday.

Mongolia, nervous about over-dependence on its enormous neighbour, had once favoured a more circuitous and expensive northerly rail route via Russia that would connect its mines to the Pacific coast, a plan the World Bank said was unrealistic.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Passkeys could make passwords a thing of the past
Palestinian Authority urges US intervention to halt Israel's planned Rafah invasion
Modi's home state Gujarat among 11 territories voting in third phase of giant Indian election
AI use by businesses is small but growing rapidly, led by IT sector and firms in Colorado and DC
Goldman Sachs criminal case over 1MDB formally ends in New York
Hamas accepts Gaza ceasefire; Israel presses Rafah attacks but says will continue talks
Brazil's Lula seeks spending waiver for rain-ravaged Southern state where 85 have died
U.S. stocks rise on rate-cuts hopes
Chinese Language Day celebrations kick off at UN Vienna
Boao Forum for Asia Riyadh Conference kicks off

Others Also Read