HomePoliticsMaduro holds meeting with Chinese International Trade delegation

Maduro holds meeting with Chinese International Trade delegation

Venezuela and China signed an Agreement for the Promotion and Reciprocal Protection of Investments

The President of the Republic, Nicolás Maduro Moros, holds a meeting this Wednesday with the International Trade Representative of China, Wang Shouwen.

In the delegation accompanying the Vice Minister of Commerce, there is Lin Feng, Director General of American and Oceanic Affairs; Li Yongjun, Deputy Director General of Overseas Investment and Economic Cooperation.

Likewise, SunZhao, Division Director of the Department of Treaties and Law; WuJing, Division Director of the Department of American and Oceanic Affairs; Xue Dong, Secretary and Zhang Xiaoqing, Deputy Director of the Division of the Department of American and Oceanic Affairs; and the Chinese ambassador to Venezuela, LanHu.

Earlier, the Vice President of the Republic, Delcy Rodríguez, led the signing of the Agreement for the Promotion and Reciprocal Protection of Investments between both nations.

In this regard, he noted that it constitutes an alliance "of great relevance for our country, so that Chinese companies have a regulatory investment framework and so that Venezuelan companies also have investment participation in China."

The People's Republic of China and the Bolivarian Republic of Venezuela established diplomatic relations more than four and a half decades ago, and with the beginning of the Bolivarian Revolution, led by Commander Hugo Chávez, fraternal ties and cooperation were further strengthened.

Currently, under the leadership of President Nicolás Maduro, relations between both countries continue to advance uninterruptedly towards the definitive construction of a multipolar world. Sino-Venezuelan friendly ties are based on the principles of mutual respect, equality and mutual benefit, with a vision oriented toward the future.

To date, numerous projects have been carried out in key areas such as energy, industry, infrastructure, housing, agriculture, science and technology, transportation, culture, trade, security and defense, evidencing the breadth and diversity of bilateral cooperation.

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