Official launch!

2022-06-01 0 By

The Ministry of Commerce of China and the Ministry of Production, Foreign Trade, Investment and Fisheries of Ecuador recently signed the Memorandum of Understanding between the Ministry of Commerce of the People’s Republic of China and the Ministry of Production, Foreign Trade, Investment and Fisheries of the Republic of Ecuador on launching the Negotiations on China-Ecuador Free Trade Agreement, officially launching the negotiations on china-Ecuador free Trade Agreement.In recent years, China-Ecuador economic and trade cooperation has achieved remarkable results and bilateral trade has grown significantly.In 2021, bilateral trade totaled US $10.95 billion, up 44.5 percent year on year. China has been Ecuador’s second largest trading partner for two consecutive years.In September 2021, China and Ecuador launched a joint feasibility study on the fta, which will be completed in January 2022.The signing of the FTA will help further tap the potential of bilateral trade and promote the sustained, stable and diversified development of bilateral trade.Source: CCTV financial editor: Zhang Yanhong proofread: Li Lei Executive producer: Luo Zhiming just notice: suspend!Shut down!