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Nov 28, 2017 15:13 EEST
BELGRADE (Serbia), November 28 (SeeNews) – Serbia's prime minister Ana Brnabic has said the government expects the European Commission (EC) to approve the China-funded project for reconstruction of the railway line connecting Belgrade to Hungary's Budapest.
The Commission is examining the project to determine whether it complies with the bloc's competition rules but the Serbian government does not expect any obstacles, Brnabic said in a video file posted on the website of Serbian news agency Tanjug on Monday.
"This is not a problem for China, it is about the strict regulations the Commission applies," Brnabic said on the sidelines of the sixth Meeting of Heads of Government of China-Central and Eastern European Countries (CEEC) initiative, known as the 16+1 mechanism, held in Budapest.
Serbia already has experience in cooperating with the Commission in the inspection of similar projects, she added.
The Serbian government said on Monday it plans to invest $350.1 million (294.5 million euro) in its project for overhaul of the Belgrade-Stara Pazova section, part of the Belgrade-Budapest railway line. The overhaul of the 34.5 km-long railway section will be carried out by China Communications Construction Company (CCCC) and China Railways International (CRI), the Serbian government said in a statement.
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