China and Nicaragua signed the "Early Harvest" arrangement of the Free Trade Agreement

On July 12, the Minister of Commerce Wang Wentao and Nicaragua Foreign Minister Moncada represented the two governments and signed the "Arrangement of the Early Harvest of the People's Republic of China and the Government of the Republic of Nicaragua on the Early Harvest of the Free Trade Agreement" to jointly announce the launch of China - Nicaragua's comprehensive free trade agreement negotiations; on behalf of the governments of the two countries, the President of the President of Nigeria, signed the "Memorandum of Understanding of the Economic, Trade and Investment and Cooperation Board of Economic, Trade and Investment Cooperation" with the government of the two governments of the two countries. Establish a mechanism for bilateral economic and trade cooperation between bilateral government.

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 -Nine 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 between China and Niho has increased 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 Sino -Indian Comprehensive Free Trade Agreement will further give full play to the complementary economic complementarity between the two parties and promote mutual benefit cooperation between the two parties to a new level. Establishing the Sino -Nine Economic and Trade Commission mechanism will further promote investment and trade between the two countries and help both parties on 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.

Assistant Minister of Commerce Li Fei, Chinese Ambassador Chen Xi, and Minister of Finance of the Minister of Finance, Aksta, attended the event.

Source: International Department of the Ministry of Commerce

Edit: Zhang Yingxue

Repeated school: Hu Rongzhong, Wang Ya, Zhang Yingxue, Lidan Dan

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