LIMA, May 22 (Xinhua) -- China, Brazil and Peru have decided to conduct a feasibility study on a proposed transcontinental railway line connecting Peru's Pacific coast with Brazil's Atlantic coast, visiting Chinese Premier Li Keqiang said here on Friday.
The three countries have also agreed to speed up the work of their joint working group for an early, substantial progress in the project, so as to drive the economic development along the railway and accelerate industrialization and urbanization in South America under the condition of environmental protection and biological diversity, Li told reporters after talks with Peruvian President Ollanta Humala.
Li said that during his ongoing visit to Latin America, he and leaders of Brazil, Colombia and Peru agreed to build new highlights in pragmatic cooperation in such fields as trade investment, industrial capacity cooperation, equipment manufacturing, and infrastructure construction.
The premier pointed out that China has accumulated a great deal of experience in railway construction, saying Chinese-made equipment has enjoyed advantages of high safety and cost performance ratios and has stood the test of international market competitions.
The Chinese side is willing to actively take part in building the transcontinental railway line and rail transit projects in relevant countries, strengthen technology transfer while conducting cooperation in equipment and other areas, boost interconnection in South America, promote regional economic development, and better realize mutually-beneficial and win-win results, he said.
Humala said the two countries' free trade agreement and comprehensive strategic partnership fully indicate that Peru-China relations have developed smoothly with broad prospects.
He described Li's visit to Peru as a great event in the history of development of Peru-China relations, saying the Peruvian side is willing to keep expanding cooperation with China.
The president voiced his appreciation for a series of proposals raised by China on supporting Peru's industrialization, noting that China is welcome to add investment in the South American country in such areas as mining and agriculture.
The two sides signed a memorandum of understanding (MoU) on the feasibility study on the transcontinental railway line, which has consolidated and lifted the Peru-China friendly relationship of cooperation to higher levels, he said.
The MoU will help Peru realize better development and boost common development and prosperity of Peru, Brazil, China and the region, Humala said.
Peru is the third leg of Li's four-nation tour to Latin America after Brazil and Colombia. He will also visit Chile.
Related:
China, Peru to advance cooperation in industrial capacity, equipment manufacturing
LIMA, May 22 (Xinhua) -- China and Peru should make a forward-looking design, based on existing free trade arrangements, to advance their cooperation in industrial capacity and equipment manufacturing, visiting Chinese Premier Li Keqiang said here Friday.
In talks with Peruvian President Ollanta Humala, Li called for comprehensive bilateral cooperation in such fields as oil, clean energy, mining, agriculture, forestry and fishery. Full story
News Analysis: China, Peru eye on closer economic ties, cultural exchange
LIMA, May 21 (Xinhua) -- While China and Peru look forward to much closer economic ties, they also wish to promote cultural exchange and better understand each other so as to build the "community of common destiny".
And Chinese Premier Li Keqiang's upcoming visit to Peru will inject fresh impetus into such endeavor between the two sides.Full story
Interview: Premier Li's visit to Peru promotes bilateral cooperation: Chinese ambassador
LIMA, May 21 (Xinhua) -- Sino-Peruvian relations are moving toward a new model of broad and extensive cooperation, with the upcoming visit of Chinese Premier Li Keqiang to further strengthen the comprehensive strategic partnership, a Chinese diplomat said.
Li's visit, part of a four-nation Latin America tour, "is very important for the development of our bilateral ties," Chinese Ambassador to Peru Huang Minhui told Xinhua. Full story
