Belarus benefit from Chinese backing

Work on a key road project in Belarus is being financed by Chinese sources.
February 28, 2012 Read time: 1 min
Work on a key road project in Belarus is being financed by Chinese sources. An agreement between the Belarus Government and China's Exim Bank has been made over the Zhlobin-Gomel road. Under the terms of the agreement, the Exim Bank will provide a package loans worth some US$1.06 billion that will be used to fund improvements and upgrades to the road that will increase capacity and safety standards.

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