On July 13, Shu Jueting, spokesperson of the Ministry of Commerce, stated at a regular press conference of the Ministry of Commerce that from July 3 to 5, 2023, the fourth round of China-Nicaragua Free Trade Agreement negotiations will be held in Managua, the capital of Nicaragua. held. Wang Shouwen, International Trade Representative and Vice Minister of the Ministry of Commerce, and Nigerian Minister of Development, Industry and Trade Bermudez led a delegation to conduct in-depth consultations on issues such as trade in goods, cross-border service trade, financial services, and temporary entry of business personnel. make positive progress. Four rounds of negotiations have been held so far. The two sides agreed to work together to complete the negotiations by the end of July.
Shu Jueting said that the economies of China and Nepal are highly complementary and there is huge potential for trade and investment cooperation. On May 1 this year, the early harvest arrangement of the China-Nigeria Free Trade Agreement came into effect, with good results. The signing of a comprehensive free trade agreement between China and Nigeria will help to further deepen the economic and trade cooperation between the two countries, lay a solid foundation and add impetus to the sustainable development of China-Nigeria relations.