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The renovation of the section of the corridor within the territory of Kazakhstan is almost completed, and the whole transit line crossing Kazakhstan is expected to open to traffic in 2017.
¡¡¡¡The two leaders also agreed to promote the development of the Belt and Road, and launch at an early date some major cooperation projects with exemplary significance for early harvest.
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Bouasone Vongsongkhone, vice governor of Champasak Province of Laos, however, said the countries are still faced with common challenges such as poverty, shortage of capital, lack of basic facilities and high transportation cost.
¡¡¡¡More measures are expected to be unveiled by the State Council to resolve the abovementioned problems of privately-run companies, such as in improving access to credit, increasing institutional support for local public-private partnership (PPP) programs, reducing administrative costs and further widening market access.
¡¡¡¡The EU leaders said the EU side will cooperate with China in a wide range of areas to contribute more to world peace, security and prosperity.
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