LINE

Text:AAAPrint
Economy

China, Ecuador sign agreement for trade, investment cooperation

2023-05-11 14:51:20chinadaily.com.cn Editor : Li Yan ECNS App Download

China inked a free trade agreement with Ecuador on Thursday to further tap the potential of trade and investment cooperation between the two countries, according to the Ministry of Commerce.

Chinese Minister of Commerce Wang Wentao and Julio Jose Prado; Ecuador's Minister of Production, Foreign Trade, Investment and Fisheries; signed the agreement on behalf of the respective governments via video link, the MOC said in a news releases published on its website.

China and Ecuador will keep their markets open to each other with higher standards through the trade pact and foster a more favorable, convenient, transparent and stable business environment for enterprises, the MOC said.

The agreement will further unlock the potential of trade and investment cooperation between the two countries; promote the upgrading of China-Ecuador economic and trade cooperation in all aspects; advance sustainable, stable and diversified development of bilateral trade; and deliver more benefits to people and enterprises of both countries, it added.

The negotiations of China-Ecuador FTA were launched in February last year and concluded in February after a year of efficient consultations, it said, adding that the two sides will accelerate domestic steps for FTA implementation at an early date.

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2023 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]