President Xi Signs Over 60 Cooperation Agreements During Latin American Tour

Citizens celebrate President Xi Jinping’s visit to Peru, Nov. 2024. X/ @Mangohntv


November 24, 2024 Hour: 10:22 am

He called for building a global economy characterized by cooperation, stability, openness, and environmental respect.

On Saturday, Chinese Foreign Affairs Minister Wang Yi announced that President Xi Jinping participated in nearly 40 events and signed over 60 cooperation agreements during his Latin American tour.

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During his visit to the region, the Chinese leader delivered “a clear message” in “defense of multilateralism” and presented China as a “responsible country committed to fairness, justice, courage, openness, and inclusion,” the Chinese diplomat stated.

Xi returned to his country yesterday after an 11-day tour of Latin America, where he attended the Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in Lima and the Group of Twenty (G20) summit in Rio de Janeiro.

At these events, Xi urged Asia-Pacific economies to adhere to “true multilateralism” and called for building a global economy “characterized by cooperation, stability, openness, innovation, and environmental respect,” Wang noted.

In Peru, Xi inaugurated the Chancay port, and later, during his visit to Brazil, he held “strategic and profound communication” with President Luiz Inácio Lula da Silva.

“The Chinese president welcomed all parties to grow alongside China’s economy and work together toward modernization in all countries through peaceful development, mutually beneficial cooperation, and shared prosperity,” Wang concluded.

Xi’s trip to Latin America, which also included a final meeting with U.S. President Joe Biden, occurred amid growing global uncertainty following the election of Donald Trump, who had threatened to impose tariffs of up to 60 percent on Chinese imports.

Relations between China and the United States deteriorated sharply during Trump’s first administration (2017–2021) due to the technological and trade wars initiated by the Republican leader. Later, with Joe Biden’s presidency, tensions reignited over disputes concerning Taiwan and restrictions on exports to China of semiconductors and other key technologies.

Against this backdrop, during his speeches at the APEC Leaders’ Meeting and the G20 summit, Xi advocated for free trade and proposed reducing tariffs for less developed countries that maintain diplomatic relations with China.

teleSUR/ JF Source: EFE