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Back|Ministry of Commerce: The Upgrading Protocol to the China-Peru Free Trade Agreement will officially take effect on November 1 this year
Ministry of Commerce: The Upgrading Protocol to the China-Peru Free Trade Agreement will officially take effect on November 1 this year
World
中国新闻网·1 hour ago·World·1 min read·🇨🇳China·

Ministry of Commerce: The Upgrading Protocol to the China-Peru Free Trade Agreement will officially take effect on November 1 this year

Quick Look

  • Ministry of Commerce spokesperson Huang Ling said at a regular press conference on October 29 that the China-Peru Free Trade Agreement Upgrade Protocol will officially take effect on November 1.
  • This move will deepen China-Peru economic and trade relations and create a more favorable environment for enterprises.

AI-generated summary

Why It Matters

The China-Peru Free Trade Agreement was signed in April 2009, and the two parties formally signed the China-Peru Free Trade Agreement Upgrade Protocol in November 2024.

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China News Service, October 29th. The Ministry of Commerce held a regular press conference on October 29th. A reporter asked: We have noticed that Peru issued relevant decrees on October 27, announcing that the upgrade protocol to the China-Peru Free Trade Agreement will take effect on November 1. What is China’s comment on this?

Huang Ling, spokesperson of the Ministry of Commerce, said that the China-Peru Free Trade Agreement was signed in April 2009 and was the first comprehensive free trade agreement signed between my country and a Latin American country. In November 2018, the two sides announced the launch of negotiations to upgrade the China-Peru Free Trade Agreement, which would be substantially completed in June 2024. In November 2024, the two sides formally signed the protocol to upgrade the China-Peru Free Trade Agreement. After joint efforts, both parties have now completed their respective domestic procedures, and the upgrade protocol will officially take effect on November 1.

Under the current international situation, this reflects the determination of the two countries to jointly safeguard multilateralism and free trade. The implementation of the upgraded protocol will promote the in-depth development of China-Peru economic and trade relations, enrich the connotation of the comprehensive strategic partnership between the two countries, create a more favorable business environment and trade and investment cooperation opportunities for enterprises on both sides, and bring more practical benefits to the two peoples.

What to Watch

AI outlook — possibilities, not facts

  • The upgrade protocol to the China-Peru Free Trade Agreement officially comes into effect on November 1

    Very likely · Within days

Open Questions

  • ?What are the specific commodities and areas that will be eligible for the first batch of benefits after the upgrade protocol takes effect?

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This article was originally published by 中国新闻网.

Quick Look

  • Ministry of Commerce spokesperson Huang Ling said at a regular press conference on October 29 that the China-Peru Free Trade Agreement Upgrade Protocol will officially take effect on November 1.
  • This move will deepen China-Peru economic and trade relations and create a more favorable environment for enterprises.

AI-generated summary

Story signals

News tone
Positive
Emotional intensity
High
News value
Moderate
Global impact
Global
Follow-up likelihood
Likely
Relevance window
Days

Source & Reliability

Source
中国新闻网
Story type
Hard news
Source quality
Full
Published
1 hour ago
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Ministry of Commerce
China-Peru Free Trade Agreement
Upgrade protocol
Ministry of Commerce
Huang Ling
China
Peru
China-Peru Free Trade Agreement
Upgrade protocol
Peru
free trade
Huang Ling

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