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China Daily | Updated: 2018-12-05 07:06

In a joint press communique issued Monday, China and Panama affirmed that both governments are dedicated to continuously developing a relationship that is comprehensive, win-win and beneficial to both regions where the two countries are located.

The two sides signed a number of cooperation documents covering e-commerce, trade in services, maritime affairs and some other areas, according to the communique.

China is willing to work with Panama to maintain close high-level exchanges, and strengthen exchanges and cooperation between their governmental departments.

The National Logistics Strategy of Panama 2030 and the China-proposed Belt and Road Initiative are highly compatible, calling on the two sides to synergize their respective development strategies, boost cooperation in such areas as finance, tourism, logistics and infrastructure construction, effectively implement key railway, education and health care projects, and promote connectivity.

China is willing to hold free trade agreement negotiations with Panama on the basis of mutual respect, equality and mutual benefits. China welcomes more Panamanian imports such as marine food products, meat and pineapples.

China also encourages more of its financial institutions to operate in Panama, including the setup of RMB clearing centers.

Panama is willing to fully leverage its advantages in geographic location and logistics, and become China's link with and gateway to Central and Latin America.

Panama-China cooperation will not only benefit both nations as well as the region, but also contribute to world peace and prosperity, according to the communique.

China Daily - Xinhua

(China Daily 12/05/2018 page12)

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