Home / Business / China inks free trade agreement MOU with Palestine

China inks free trade agreement MOU with Palestine

China has signed a free trade agreement memorandum of understanding (MOU) with Palestine, China’s commerce ministry said on Wednesday in a statement posted on its official website.

China’s Ministry of Commerce (MofCom) said the MOU was signed by the country’s vice commerce minister Qian Keming and Palestinian Minister of the National Economy Abeer Odeh, during Chinese Vice President Wang Qishan’s visit to Palestine.

Both sides agreed to step up negotiations and try and reach an early agreement, according to MofCom.

In 2017, the bilateral trade volume between China and Palestine hit $69.28 million, up 16.2 percent compared to the same year-ago period.

Source: Reuters

Total Page Visits: 112 - Today Page Visits: 1

Check Also

The Russia-Taliban bounty: a pretext for more sanctions against Moscow

The New York Times accusations of Russia allegedly offering bounties to members of the Taliban …

Leave a Reply

Your email address will not be published. Required fields are marked *