Espreso. Global

China and Belarus agree to strengthen economic cooperation

23 August, 2024 Friday
13:12

China and Belarus agreed to enhance cooperation in several key areas, including trade, security, energy, and finance, following a metting between Chinese Prime Minister Li Qiang and Belarusian Prime Minister Roman Golovchenko in Minsk

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Reuters reported the information.

The statement, released on August 23, a day after the meeting in Minsk, said the two countries will also strengthen cooperation in industrial supply chains and continue to enhance trade facilitation to reduce costs for both sides.

Belarus also intends to deepen cooperation with the Guangdong-Hong Kong-Macau Greater Bay Area, a metropolitan area that covers nine cities, including Guangzhou, Shenzhen, and Zhuhai, according to a statement released by the Chinese Foreign Ministry.

According to the China Daily, Belarus was one of the first countries to respond to China's Belt and Road Initiative, and during his visit to Minsk, Li said that China-Belarus relations have remained vibrant over the past 32 years despite the changing international landscape.

China is Belarus's second largest trading partner and its largest trading partner in Asia, with bilateral trade exceeding $8.4 billion last year, reports China Daily.

Li arrived in Belarus on Thursday after completing his first visit to Russia as China's Premier.

  • On July 6, 2024, for the first time in history, a large transport plane from the People's Republic of China landed at the Belarusian Baranovichi military airfield.
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