AN annual meeting on practical cooperation under the Belt and Road Initiative (BRI) was held here in Peru’s capital Friday, focusing on new opportunities available within the framework.

The event was jointly organized by the China Economic Information Service of Xinhua News Agency, Peru’s Andina News Agency and the China Southern Power Grid Co Ltd. Attendees had an indepth discussion on bilateral cooperation under the BRI framework and future development.

Over the years, the BRI has promoted practical cooperation, and become an important driving force for the good of both countries, Latin America and the world at large.

Peru is one of the first Latin American countries to establish diplomatic relations and a comprehensive strategic partnership with the People’s Republic of China. It is also the first Latin American country to sign a package of free trade agreements with China.

Since China and Peru signed the memorandum of understanding on BRI cooperation in 2019, bilateral cooperation has achieved fruitful results, with increasingly close collaboration in economy, trade, finance, culture and other fields.

Thanks to the cooperation, Peruvian alpaca dolls have enjoyed tremendous popularity in China, and Peruvian blueberries, grapes, avocados and other agricultural products are also widely welcomed by Chinese consumers.

China has been Peru’s largest trading partner and largest export market for 10 consecutive years. The fruitful practical cooperation between the two countries embodies the common aspiration of the two peoples for joint development and shows bright prospects for future cooperation.

Both China and Peru have a rich history and a splendid civilization, and the people of the two countries, though thousands of miles apart, share a strong friendship and similar ideas.

Xinhua

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