In a dynamic meeting in Moscow, Chinese Minister of Commerce Wang Wentao and Russian Minister of Economic Development Maxim Reshetnikov sat down for an in-depth discussion on pressing economic issues. The talks focused on the U.S. imposition of so-called "reciprocal tariffs," the upgraded China-Russia investment protection agreement, and strategies to further boost bilateral trade and investment.
Wang emphasized that the Chinese mainland firmly opposes the unilateral tariff actions taken by the U.S. authorities, and highlighted that robust countermeasures have been put in place. He also pointed out that recent high-level economic and trade talks with the United States in Switzerland underline a commitment to upholding international fairness, justice, and a rules-based global trade order. 🚀
Reshetnikov echoed this sentiment by stating that the economic cooperation between the two nations is mutually beneficial and not aimed at any third party. He called for seizing fresh opportunities to expand two-way investment and deepen industrial collaboration, essentially setting the stage for new growth drivers in the global market. 💼
The meeting comes at a time when both sides are determined to leverage the recently upgraded investment protection agreement to create a more transparent and equitable business environment, ensuring high-quality development in their economic cooperation. It's like the ultimate duo leveling up their strategy in the challenging world of global trade! 🌍
Reference(s):
China, Russia hold talks on U.S. tariffs and economic cooperation
cgtn.com
