China and Peru agree to forge stronger economic and tech ties – starting with Chancay port
- Presidents of the two countries sign plan to expand cooperation on trade and technology
Chinese President Xi Jinping and his Peruvian counterpart Dina Boluarte have agreed to strengthen economic and technology ties between their two nations, including joint efforts in building a Pacific trade hub.
As part of Boluarte’s first state visit to China, the two leaders signed a joint action plan in Beijing on Friday to deepen cooperation on trade, the digital economy and scientific and technological innovation.
The two countries also announced the official conclusion of negotiations on upgrading their free-trade agreement, a process started in 2018.
“We welcome more high-quality Peruvian products to enter the Chinese market and hope Peru will provide a good legal and policy environment for Chinese companies to invest and have long-term cooperation in Peru,” state broadcaster CCTV quoted him as saying.