Tag: Agreement

Honduras Appoints Its First Ambassador to China

Honduras’ President, Xiomara Castro, officially appointed Salvador Moncada as the first Honduran Ambassador to China, marking a historic milestone following the establishment of diplomatic relations with China and the severance of ties with Taiwan in March. Moncada, a 78-year-old Honduran scientist with British citizenship, is renowned for his significant contributions in the field of cardiac treatments developed in laboratories in London. Following his appointment, Moncada noted that various initiatives are already being explored with China in areas ranging from infrastructure to science and technology, with a special emphasis on ongoing negotiations for a Free Trade Agreement.

BYD in Chile

The Chinese company BYD has recently signed an alliance with the Chilean company Astar, in order to distribute electric vehicles for the first months of 2023 in Chile.

After extensive negotiations, the FTA between Ecuador and the People’s Republic of China is almost concluded. 

The president of Ecuador, Guillermo Lasso proclamed the trade agreement with China is concluded. He argueshat the country’s industrial sectors under consideration included a guarantee of employment in the manufacturing industry.

Chinese consortium signs agreement with Canacol Energy to build gas pipeline

Shanghai Engineering and Technology Corp (Setco) and Canacol Energy signed an agreement to build a gas pipeline, in the Department of Antioquia (Colombia).

Chinese mining consortium enters into $480 million dispute against Ecuadorian government

In 2018, shortly after production began at the Rio Blanco mine owned by Ecuagoldmining, activists demanded the right to be consulted on continued operations. They subsequently obtained a court order to halt operations.

Chinese incursion into Colombian infrastructure

This month has brought a high level of activity in the development of PRC companies in Colombia.

Plans to install a Chinese naval base in the province of Tierra del Fuego, Argentina, denied

The governor of Tierra del Fuego, Gustavo Melera, denied that the province is promoting the construction of a Chinese naval base within its borders.

Ecuador succeeds in restructuring its debt with the People’s Republic of China

Ecuador reached an agreement with Chinese banks to provide about $1.4 billion in debt relief through 2025.

Chinese-Argentine relations at record high levels of activity

This last month has brought a great deal of activity to the bilateral relations between the People’s Republic of China (PRC) and Argentina.

China willing to negotiate with the entire Mercosur bloc

Meanwhile, Beijing, which has begun negotiations on a free trade agreement with Uruguay, is willing to cooperate with Mercosur as a whole, confirmed Cai Wei, director general for the Chinese Foreign Ministry’s Latin American and Caribbean Affairs, in Montevideo.
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