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Eastern Europe

China’s One Belt One Road Moves Into Moldova

Moldova is set to sign infrastructure deals with two Chinese contractors, according to the country’s State Secretary at the Ministry of Economy and Infrastructure — marking the first time Beijing’s Belt and Road Initiative has expanded into the eastern European country.

In an interview with CNBC’s “Squawk Box Asia” on Friday, Vitalie Iurcu said negotiations started several years ago, “and most probably this year, we should sign contracts ” to build “almost 300 kilometers of roads in the Republic of Moldova…”

To read more visit CNBC.

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