. | . |
China signs new trade deals with Peru by Staff Writers Lima (AFP) Nov 21, 2016 China's President Xi Jinping signed new trade deals on Monday with Peru, one of its partners in its drive to boost world trade in the face of protectionist stirrings. A day after taking part in the APEC Asia-Pacific trade summit, Xi made a formal visit to the host nation, a major mineral and food exporter. He and Peruvian President Pedro Pablo Kuczynski in a public ceremony signed 18 agreements, including one on mining and a measure to enhance their existing bilateral trade agreement. The head of the Peru-China chamber of commerce Jose Tam was quoted ahead of the talks by Peruvian newspaper El Comercio as saying that Xi was expected to discuss a deal for exporting Peruvian prawns and blueberries to China. During the APEC summit Xi cast his country as a leader of free trade cooperation. That was seen as a response to US President-elect Donald Trump's threats to restrict free trade deals in order to protect US jobs. Kuczynski was elected this year on promises to attract foreign trade and investment to Peru. Peru and its neighbors Brazil and Bolivia are also reportedly hoping to secure Chinese investment to build a railway linking the Atlantic and Pacific coasts. China's Trade Minister Gao Hucheng, quoted by Peruvian news agency Andina, said China recently overtook the United States as Peru's top trading partner. Bilateral trade was worth $7.1 billion dollars in the first half of this year, he said.
Related Links Global Trade News
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |