Tender for rail link of Piraeus with central Europe

Hungary will publish a procurement tender on Monday for a modernized railway link with Serbian capital Belgrade to ship Chinese goods into Western Europe, Foreign Minister Peter Szijjarto said on Sunday in Budapest.

The tender will be published as politicians from China and Central European countries begin a two-day summit in Budapest, with the participation of 16 prime ministers including Chinese Premier Li Keqiang.

"We, in this region, have looked at China's leading role in the new world order as an opportunity rather than a threat," Szijjarto said in a news conference at Budapest's main airport ahead of the Chinese Premier's arrival.

The line could become the main transport route for Chinese goods that arrive by sea at the Greek port of Piraeus and head into other parts of Europe, Szijjarto said.

[Reuters]