Connect with us

Hi, what are you looking for?

World

Chile, China start talks to expand trade deal

-

Chile and China launched negotiations Monday to expand trade ties in the face of protectionist threats from US President Donald Trump.

The Chilean government said officials in Beijing had started discussing expanding an existing bilateral trade agreement to include areas such as e-commerce and services.

China is already a major buyer of exports such as copper from Chile, the world's biggest producer of the metal.

"Our aim is to progress quickly in order to complete the process this year and meet expectations of deepening relations with our top trade partner," said the head of the government's bilateral economic affairs department, Pablo Urria, in a statement.

The two countries agreed on the move during a visit by Chinese President Xi Jinping to Chile last year.

Latin American countries are concerned about the impact Trump's trade policies will have on their economies.

The US president has threatened to put up barriers to international trade to protect US jobs.

Chile supports the proposed Trans-Pacific Partnership, a major trade agreement that has collapsed due to Trump's opposition.

China is its biggest trade partner, receiving about a quarter of all Chilean exports.

Chile and China launched negotiations Monday to expand trade ties in the face of protectionist threats from US President Donald Trump.

The Chilean government said officials in Beijing had started discussing expanding an existing bilateral trade agreement to include areas such as e-commerce and services.

China is already a major buyer of exports such as copper from Chile, the world’s biggest producer of the metal.

“Our aim is to progress quickly in order to complete the process this year and meet expectations of deepening relations with our top trade partner,” said the head of the government’s bilateral economic affairs department, Pablo Urria, in a statement.

The two countries agreed on the move during a visit by Chinese President Xi Jinping to Chile last year.

Latin American countries are concerned about the impact Trump’s trade policies will have on their economies.

The US president has threatened to put up barriers to international trade to protect US jobs.

Chile supports the proposed Trans-Pacific Partnership, a major trade agreement that has collapsed due to Trump’s opposition.

China is its biggest trade partner, receiving about a quarter of all Chilean exports.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Business

Catherine Berthet (L) and Naoise Ryan (R) join relatives of people killed in the Ethiopian Airlines Flight 302 Boeing 737 MAX crash at a...

World

A vendor sweats as he pulls a vegetable cart at Bangkok's biggest fresh market, with people sweltering through heatwaves across Southeast and South Asia...

Business

Turkey's central bank holds its key interest rate steady at 50 percent - Copyright AFP MARCO BERTORELLOFulya OZERKANTurkey’s central bank held its key interest...

Tech & Science

Microsoft and Google drubbed quarterly earnings expectations.