BEIJING (Reuters) - China and Nicaragua signed a free trade agreement (FTA) on Thursday, China's commerce ministry said, in confirmation of deepening ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBEIJING - China and Nicaragua signed a free trade agreement on Thursday, China's commerce ministry said, in confirmation of deepening economic ties since the Central American country switched its allegiance to Beijing from Taiwan in 2021.
Minerals-rich Nicaragua and China are working on executing the agreement, which covers a wide range of areas including customs, tariffs, financial services and multilateral environmental deals. The two countries also agreed on an electronic transaction framework, online personal data protection, and digital economy cooperation.
In June, during a visit to China by the president of Honduras, Xiomara Castro, President Xi Jinping said China was willing to begin talks on a free trade agreement with the Central American country"as soon as possible".
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