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Politics

Li's Latin America visit eyes deepening all-round co-op(3)

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2015-05-14 16:52Xinhua Editor: Gu Liping

CHINA-PERU COMPREHENSIVE STRATEGIC PARTNERSHIP

China's trade volume with Peru reached 14.32 billion U.S. dollars in 2014, with bilateral free trade pact with Peru being implemented for five years and bearing fruitful results. China's investment in Peru reached 14.24 billion U.S. dollars by the end of 2014, Tong said.

During his visit to Peru, Li will hold talks and meet with Peruvian President Ollanta Humala Tasso and attend a joint press conference, Wang said, adding the leaders of two countries will attend some cultural exchanges activities.

Li will hold a meeting with Chinese enterprises in Peru, in a bid to understand the situation of Chinese business in Peru and advance bilateral investment and cooperation.

According to Wang, two sides will sign cooperative agreements in economic and trade, infrastructure, technology, aerospace industry and communication.

Tong said the two countries will also sign cooperation pacts on industrial capacity cooperation, access of agriculture products, and human resources training.

CHINA-CHILE STRATEGIC PARTNERSHIP

Chile, the first Latin American country signing free trade pact with China, enjoys rapid growth of bilateral trade. Two-way trade rose five times since the signing of free trade pact in 2005. Bilateral trade volume ran up to 34.1 billion U.S. dollars in 2014.

During his visit to Chile, Li will hold talks with Chilean President Michelle Bachelet Jeria and attend a joint press conference, Wang said.

Li will also attend the opening ceremony of a seminar of bilateral economy and trade and deliver a speech at the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) in Santiago, Wang said.

Li will discuss how to further improve the free trade pact and promote freer trade between China and Chile, which could bring more benefits to the enterprises and consumers of the two countries.

The two sides will sign documents on capacity cooperation, avoidance of double taxation, currency swap and clearing of Renminbi trades.

This year marks the 45th anniversary of the establishment of diplomatic ties between China and Chile, Wang said, noting that the two sides will sign cooperative agreements in politics, economy and trade, finance, culture and technology.

As to the visit, Premier Li has been invited by Brazilian President Dilma Rousseff, Colombian President Juan Manuel Santos, Peruvian President Ollanta Humala Tasso and Chilean President Michelle Bachelet Jeria.

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