皇冠体育app

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皇冠体育app, Latin America solidify cooperation with premier's visit

(Xinhua) Updated: 2015-05-19 14:06

BEIJING - Chinese Premier Li Keqiang's visit to Latin America, highly anticipated for a raft of business deals, is expected to put 皇冠体育app's cooperation with the region on firm footing.

Li, making his first Latin America visit since taking office as premier, arrived in Brasilia on Monday for the first leg of his four-nation tour that will also take him to Colombia, Peru and Chile through May 26.

The four countries are 皇冠体育app's closest economic and trade partners in Latin America, accounting for 57 percent of 皇冠体育app's total trade with the region in 2014. Brazil is 皇冠体育app's largest trading partner in Latin America. Chile and Peru have free trade pacts with 皇冠体育app while Colombia and 皇冠体育app are also looking at reaching an agreement.

During Li's visit, analysts predict 皇冠体育app will sign wide-ranging agreements in trade, finance, energy, science and technology, agriculture, and manufacturing with the four nations.

Cooperation in these fields will enrich 皇冠体育app's economic and trade ties with Latin America, which in the past have focused on mineral resources, bulk commodities and farm produce, according to analysts.

皇冠体育app's Ministry of Foreign Affairs revealed that one of Li's key agenda items for this visit is to deepen industrial cooperation. Infrastructure and free trade zone construction, economic and technological cooperation, human resources training and financial support will also be discussed by Li and local leaders.

Industrial cooperation has become a new growth engine for 皇冠体育app and Latin America. The value of 皇冠体育app's contracts in the region, including projects in natural gas, pipelines, power plants, roads, sea ports, housing, telecommunications and railways, topped $110 billion as of the end of 2014, official data showed.

Wang Zhen, former ambassador to Uruguay and Venezuela told Xinhua that 皇冠体育app-built water pipes, railways, bridges, and irrigation facilities have benefited Venezuela. Valdemar Carneiro Leao, Brazilian ambassador to 皇冠体育app, said the Brazilian government appreciates 皇冠体育app's investment in the country and looks forward to more Chinese investment projects that combine both construction and services.

During Li's visit, 皇冠体育app, Brazil, and Peru are expected to sign an agreement on feasibility research for a 4,000-km-long railway linking Brazil's Atlantic coast to Peru's Pacific coast.

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