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China & Thailand Agree On Railway Cooperation

9/10/2015

 
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Source: Xinhua
As Xinhuanet reports, China and Thailand agreed to speed up cooperation on a joint railway project, in an effort to ensure an early start within the year.

During Li's Thai visit last December, he signed a memorandum of understanding (MoU) with Prime Minister Prayuth Chan-ocha to jointly develop a medium-speed railway connecting northeast Thailand's Nong Khai province, the capital of Bangkok and eastern Rayong province. The railway will also be a section of the planned railway running through southern China, Laos and Thailand.

"The railway will promote the two countries' economic development and facilitate trade cooperation and people-to-people exchanges between China, Thailand and the Indo-China Peninsula," Li noted.

He also voiced support for China's Belt and Road initiative and agreed to promote bilateral cooperation within the framework in the spirit of open and transparent.

According to Wang, the two countries also agreed to start a Lantsang-Mekong cooperation mechanism aimed to help countries along the river realize common development through complementary cooperation.

Pramudwinai said Thailand was willing to strengthen cooperation on water resources, drought control and disaster relief under the framework of the Lantsang-Mekong cooperation mechanism.

They also discussed relations between China and the Association of Southeast Asian Nations (ASEAN).

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