The Chinese authorities and the government of Panama signed an agreement on cooperation in the field of railway transport.

The agreement suggests that the People's Republic of China will start working on the project of building communication lines for the transportation of passengers and goods in the territory of this Latin American country, Tass reports.

 As reported by the Chinese Ministry of Commerce, this project is planned to be implemented in accordance with “One belt, one road” initiative.

In a statement published on the official website of the department, it is noted that the relevant document was signed in the Panamanian capital by the Minister of Commerce of the People's Republic of China Zhong Shan and the acting Foreign Minister of Panama, Louis Miguel Hincapie, in the presence of President Juan Carlos Varela.

According to Zhong Shan, during the recent meeting of the leaders of the two states, a number of important agreements were reached, according to which it was possible to draw up a roadmap for the development of bilateral relations, clearly outline directions for cooperation.

Zhong Shan added that the main task of his current visit is the implementation of these plans, strengthening contacts with Panama, establishing ties in accordance with the initiative “One belt, one road”.