China and Nicaragua signed the "Early Harvest" arrangement of the Free Trade Agreement and launched a negotiation of a comprehensive free trade agreement

Author:Xinhuanet Time:2022.07.14

Xinhua News Agency, Beijing, July 13th. On the 13th, a reporter learned from the Ministry of Commerce that on July 12, the Minister of Commerce of China Wang Wentao and Nicaragua Foreign Minister Moncada represented the two governments of the two countries and signed the "People's Republic of China Government and Nicaragua Gua Guo. The Government of the Republic's government on the Early Harvest of the Free Trade Agreement "jointly announced the launch of the China -Nicaragua comprehensive free trade agreement negotiations; the presidential consultant Laireno represents the two governments of the two countries and signed the" People's Republic of China Government and the Republic of Nicaragua Republic The government's Memorandum of Understanding of the Economic, Trade and Investment Cooperation Board of Economic, Trade and Investment Cooperation "officially established a bilateral intergovernmental economic and trade cooperation mechanism.

Wang Wentao said that since the resumption of diplomatic relations between China, under the leadership of the leaders of the two countries, the two sides worked together to efficiently promote cooperation in all areas of bilateral economic and trade. From January to May of this year, the Sino -Indian trade volume increased against the trend. Among them, the exports of Nihin to China increased by 128.9%year -on -year, which fully demonstrated the dividend of resumes. Signing the "Early Harvest" arrangement of the Sino -Nine Free Trade Agreement and launching the negotiation of the Sino -Nigeria Comprehensive Free Trade Agreement is another important achievement of bilateral economic and trade cooperation since the resumption of diplomatic relations. The establishment of the Sino -Niger Economic and Trade Mechanical Mechanism provides a platform for the communication and coordination of between government between government between the two countries, and provides a help for the two countries to further improve the quality and level of bilateral trade and strengthen investment and economic cooperation in various fields. China is willing to take this as an opportunity to work with the Nigerian side to transform the economic complementary advantages of the two countries into more specific results as soon as possible, and promote the deep and practical cooperation between China and Niho.

Nigeria said that Nicaragua adheres to the principle of China and is willing to continue to strengthen bilateral relations with China. Since the resumption of diplomatic relations, the bilateral trade of Nigeria has grown sharply, and economic cooperation has been deepened, which fully reflects the common political will of both parties. The signing of the "Early Harvest" arrangement and launching the negotiations of the Nic -China Comprehensive Free Trade Agreement will further give full play to the complementarity of the two sides and promote the mutually beneficial cooperation between the two parties to the new level. Establishing a mechanism for the establishment of the Nigeria Economic and Trade Commission will further promote investment and trade between the two countries and help the two parties equal and mutually beneficial cooperation. Niger's willingness to be with the Chinese side to promote the implementation of relevant agreements as soon as possible and benefit the people of the two countries.

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