China and Nicaragua are set to co-host the 17th China-Latin America and the Caribbean (LAC) Business Summit later this year, marking a significant stride in deepening economic ties between China and Latin America.
During a recent event in Beijing, Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT), signed a memorandum of understanding with Nicaragua’s Ambassador to China, Michael Campbell. The summit is scheduled to take place in Managua, the capital of Nicaragua.
The promotional event also highlighted the upcoming second China International Supply Chain Expo, emphasizing China’s commitment to strengthening global supply chains and fostering international trade partnerships.
Economic and trade cooperation between China and Latin America has expanded remarkably in recent years, becoming a cornerstone and stabilizer of Sino-Latin American relations. The forthcoming summit aims to broaden the scope of collaboration, elevate trade relations to new heights, and explore emerging opportunities for businesses and investors from both regions.
The summit is expected to bring together government officials, business leaders, and investors to discuss economic trends, market opportunities, and collaborative ventures. It underscores the shared commitment of China and Latin American countries to fostering mutual growth and prosperity.
The 17th China-LAC Business Summit promises to be a pivotal event for global readers, business professionals, academics, and members of the Asian diaspora interested in the dynamic economic developments shaping Asia and Latin America.
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China and Nicaragua to jointly host 17th China-LAC Business Summit
cgtn.com
