Kazakhstan light rail loan agreement sealed

Xi tells visiting president 2 countries should also look to AIIB

The State-owned China Development Bank has agreed to provide a loan to a light rail transportation company in Astana, the capital of Kazakhstan, according to a deal signed on Monday.

The agreement, whose signing was witnessed by President Xi Jinping and visiting Kazakhstani President Nursultan Nazarbayev, is among a number of deals that are aimed at enhancing cooperation in such areas as investment, energy, trade, infrastructure and high technology.