Monday, May 23, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

China, Ecuador in quest of a free trade treaty

China, Ecuador in quest of a free trade treaty

China, Ecuador in quest of a free trade treaty

Beijing, Feb 6 (Prensa Latina) China and Ecuador have signed a memorandum of understanding to start negotiations on a free trade treaty that will make it possible to promote their comprehensive strategic association, official sources reported on Sunday.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

According to the Ministry of Trade, the memorandum was signed during the visit paid by Ecuadorian President Guillermo Lasso to this country.

This free trade treaty should double Ecucador’s exports to China and thus increase the shipment of products such as shrimps, bananas and cocoa, among others.

Last year, that actitivity grew by 9 percent and generated 3.299 billion dollars.

Official talks between Lasso and his counterpart, Xi Jinping, concluded on Saturday with a joint statement in which they committed to optimizing value chains, promoting liberalization and facilitation of trade and investment and promoting the sustained, stable and diversified development of bilateral trade.

Both presidents agreed to strengthen cooperation to fight the Covid-19 pandemic and work together to deepen China-CELAC (Community of Latin American and Caribbean States) relations under the principles of equality, mutual benefit, innovation, liberalization and welfare of peoples.

mh/aph/mem/ymr

RELATED
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.