MOFCOM | 简体中文版
Current Location: Homepage>> Events

China and Palestine Launch Joint Feasible Studies on Free Trade Agreement

  

On November 30, witnessed by the Prime Minister of Palestine Hamdallah, Vice Minister of Commerce Wang Shouwen and Palestinian Minister of National Economy Odeh signed The Memorandum of Understanding on Launching China-Palestine FTA Joint Feasible Studies in Palestine, officially starting the construction process of the bilateral free trade area. Both sides agreed to begin to study the mutually concerned areas as soon as possible and end the studies soon.

In July 2017, President Xi Jinping and visiting Palestinian President Abbas reached consensuses on negotiating launching the bilateral FTA Joint Feasible Studies during their meeting. In recent years, remarkable outcomes have been achieved in China-Palestine trade and economic cooperation and the bilateral trade has showed obvious growth trend. In January-September 2017, China-Palestine bilateral trade value reached US$52.11 million, up 11.5% year on year. Promoting the construction of China-Palestine free trade area will help further expand bilateral trade and investment exchanges and inject fresh vigor into the two countries’ trade and economic relations.

Release Comment:Pen Name: View Comment

Small Medium-sized Big

Relative Articles:

    Ministry of Commerce Website Copyright and Disclaimer Statement

    All articles marked with "Article type: Original" posted on the website of the Ministry of Commerce and its sub-sites are copyrighted by this Website and its sub-sites. Any reproduction or use by any other websites, media or individuals must be attached with a clear indication of "Source: Ministry of Commerce Website".

    All articles posted on this website or its sub-sites marked with "Article type: reproduced" or "Article type: translated" and "Article type: redistributed" come from other media, and are provided solely for the user's information, which does not mean this Website or its sub-sites endorse the ideas thereof or assume any legal liability or responsibility for their authenticity. Any other media, websites or individuals must maintain the source of information indication on this Website or its sub-sites when using the information, and shall assume legal liability for the use.