China pledges $2 bln for "capacity cooperation" fund with Kazakhstan

December 14, 2015 1:51 PM

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BEIJING Dec 14 China's "Silk Road" infrastructure fund has agreed to contribute $2 billion to a new investment fund to support "capacity cooperation" with Kazakhstan, Xinhua news agency reported on Monday.

The $40 billion "Silk Road" fund, set up last year to boost connectivity across Asia, has signed an agreement with a Kazakh government agency on setting up the new fund, Xinhua said.

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