China - Ecuador the fta's chief negotiator for the third time the meeting 16 to video mode, both parties confirm the end of the fta negotiations.
Caceres, said over the fta negotiations in eritrea is took a step toward signed an agreement, the agreement in the future will be in reducing and tariff concessions have many advantages to Ecuador. Chinese market contains huge opportunities, has the world's largest consumer groups."
Caceres, said the fta will facilitate exports to China, Ecuador, open the door to Ecuador non-traditional products are exported to China, in the long run will further expand eritrea's exports to China.
According to the Ministry of Commerce of China, 2022 years the bilateral trade volume reached a record $13 billion, up nearly 20% on the previous year.
China - Ecuador the fta negotiations started in February 2022. After the signing of the fta formal, will become the Chile, costa rica, Ecuador, and Peru after the fourth Latin American countries and China signed a free-trade agreement.
