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The agreement signed by both sides consists of nine sections relating to trade as well as the laws of Laos that the two parties have to strictly follow.

The annual AU Summit kicked off under a cloud of uncertainty after five countries, including the United States, opposed the adoption of the Global Compact for Safe, Orderly and Regular Migration during the UN General Assembly in December. The agreement was the outcome of a conference in Marrakech, Morocco, earlier that month.

The announced investment drive comes as the Chinese economy moderated in August amid mounting downward pressure.

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The arrangement is being proposed in line with requirements under the National Security Law, the bureau said.

The application of drugs that have proved effective in clinical procedures must be fast-tracked to improve the recovery rate and reduce the fatality rate, the statement said.

The agreement, signed on Monday in Caracas, establishes "priority" measures for dealing with the pandemic, including detection of active COVID-19 cases, epidemiological monitoring and timely treatment of those infected.

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The announcement came after Manzhouli Customs confirmed two cases of COVID-19 on Monday.

The airline said flight operation is expected to gradually return to normal by the end of July. So far, over 1,400 flights have been canceled due to the strike, affecting nearly 280,000 passengers.

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The airline has achieved total profits of 10 billion yuan (.57 billion). It has also celebrated 31 consecutive years of profitability.

The age of criminal responsibility in China has been lowered to 12 years old in some special conditions in accordance with a newly amended law, as a move to fight serious offenses committed by the very young.