China, Hungary, Serbia: reach agreement on railway project

Chinese Premier Li Keqiang said on Monday that his country has reached an agreement with Hungary and Serbia to jointly build a railway between Budapest and Belgrade, Xinhua reports.

According to Xinhua, speaking at a joint press conference with his Hungarian and Serbian counterparts, Viktor Orban and Ivica Dacic, Li hailed the project as a landmark in cooperation between China and Central and Eastern European (CEE) countries.

Xinhua said, the three sides, added the Chinese premier, will set up working groups immediately and advance the project with high quality as rapidly as possible for the benefit of passengers and cargo transporters.

On Tuesday, Viktor Orbán is scheduled to address the summit, which will be held in Romania’s Parliament, Prime Minister’s Office said.