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China-Peru trade ties continue to deepen over past years

China

China

China

China-Peru trade ties continue to deepen over past years

2024-11-15 14:31 Last Updated At:16:07

China and Peru have seen their trade cooperation strengthened over recent years, with bilateral trade growing at an average annual rate of 14.6 percent from 2016 to 2023, official data showed Thursday.

In the first 10 months of this year, bilateral trade jumped 16.8 percent year on year to 254.69 billion yuan (about 35 billion U.S. dollars), according to data released by China's General Administration of Customs.

Between January and October, China exported 40.43 billion yuan (5.6 billion U.S. dollars) worth of mechanical and electrical products to Peru, which accounted for half of China's total exports to Peru.

China's exports of automobiles and parts, mobile phones, laptops and home appliances saw rapid growth during the 10-month period, increasing by 8.7 percent, 29.1 percent, 29.3 percent, and 34.7 percent, respectively. Exports of textiles and garments, as well as plastic products, also rose by 9.1 percent and 14.3 percent year on year respectively.

In the same period, China imported 148.95 billion yuan (20.6 billion U.S. dollars) worth of metal ore and 14.47 billion yuan (2 billion U.S. dollars) worth of agricultural products from Peru, marking an increase of 19.2 percent and 23.8 percent year on year respectively.

China and Peru established a comprehensive strategic partnership in 2013. China is currently Peru's largest trading partner, export market and source of imports.

Chinese President Xi Jinping arrived in Lima, Peru Thursday to pay a state visit to the Latin American country and to attend the 31st APEC Economic Leaders' Meeting scheduled for Friday and Saturday in Lima.

China-Peru trade ties continue to deepen over past years

China-Peru trade ties continue to deepen over past years

China-Peru trade ties continue to deepen over past years

China-Peru trade ties continue to deepen over past years

The United Nations (UN) has urged for an immediate resumption of dialog between the United States and Iran on Tuesday, as Iran's UN envoy maintained that further negotiations depend on the U.S. lifting its blockade.

Stephane Dujarric, spokesman for the UN Secretary-General, told a press conference on Tuesday that the UN is maintaining intensive communications with all relevant parties to prevent further escalation of regional tensions, calling on the U.S. and Iran to resume talks as soon as possible.

"The secretary-general as well as personal envoy continue to have various numbers of communications. Our firm hope is that the dialog between the United States and the Islamic Republic of Iran will resume," said the spokesman.

However, the prospect of renewed talks remains uncertain. Amir Saeid Iravani, Iran's permanent representative to the UN, told China Media Group (CMG) in an interview that they are ready for talks, but there are prerequisites.

"We hope so. We don't know. We're ready for that. It depends on the United States. If they [remove] the blockade, I think the next round of negotiation will take place," he said, when asked whether negotiations will resume.

U.S. President Donald Trump said on Truth Social on Tuesday he will extend the ceasefire with Iran as the current two-week truce is set to expire on Wednesday night.

The U.S. military will continue the blockade against Iran and "remain ready and able," Trump added.

U.S. Vice President JD Vance, whose trip to Pakistan for talks with Iran has been put on hold, was at the White House for meetings on Tuesday, along with Trump's envoy Steve Witkoff and son-in-law Jared Kushner, multiple media outlets reported.

U.S. Secretary of State Marco Rubio and Secretary of Defense Pete Hegseth arrived at the White House on Tuesday afternoon to join discussions over Washington's next steps, according to the reports.

The United States violated the ceasefire by starting a naval blockade of Iran's ports, Iranian Foreign Minister Abbas Araghchi said Tuesday on X.

Iran's Foreign Ministry spokesman Esmail Baghaei told state TV late Tuesday that Iran has not yet decided whether to join fresh peace talks since it was upset about what he called mixed messages from Washington.

UN urges resumption of US-Iran dialog, Iran envoy demands end of blockade

UN urges resumption of US-Iran dialog, Iran envoy demands end of blockade

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