China and Colombia partner on e-commerce

The leaders of China and Colombia signed an electronic commerce cooperation agreement last month.

China’s ministry of commerce and Colombia’s ministry of trade, industry and tourism signed a memorandum of understanding in Beijing on 31 July under the joint witness of Chinese President, Xi Jinping, Colombian President, Duque, Vice Minister of Commerce and Deputy China International Trade Representative, Yu Jianhua, and Minister of Trade, Industry and Tourism of Colombia, Restrepo.

As per the agreement, China and Colombia will reportedly share experience in management and policy development, promote public-private dialogue, conduct joint research and personnel training, encourage enterprises to conduct e-commerce exchanges and cooperation and promote the trade of high-quality specialty products in their respective countries through e-commerce.

“In recent years, the friendly relations between China and Colombia have developed rapidly, the cooperation in various fields has continued to be deepened, and bilateral trade volume has continued to grow,” China’s ministry of commerce said in a statement. “The signing of the memorandum will further enhance the level of trade facilitation and cooperation between the two countries and inject new vitality into bilateral economic and trade relations.”

(Image: Deputy China International Trade Representative, Yu Jianhua.)

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