Belarus to get $1bn loan from China

A memorandum of cooperation between the Parliaments of China and Belarus was also signed during the meeting.

The official visit of the Chinese parliamentary delegation to Belarus led by Chairman of the Standing Committee of the National People's Congress of China Wu Bangguo will last till 20 September.

The trade and economic cooperation between Belarus and China has been vibrant in the recent years. From 2005 to 2010 the two countries managed to triple mutual trade to $2.3 billion. In January-July this year China ranked sixth in Belarus' total foreign trade (the third place in Belarus' import and ninth in its export). Belarus' main imports from China include high-technology goods, raw material and component parts for its export-based industries; Kazinform cites BelTA.

To learn more go to www.news.belta.by/en