Nicaragua and China strengthen commercial ties with FTA signing in virtual event
Nicaragua and China signed a Free Trade Agreement (FTA) in a virtual event, strengthening their trade ties following the establishment of bilateral diplomatic relations in 2021. This agreement, which marked a significant milestone in the economic and trade relations between the two countries, is expected to enhance their trade and economic exchange. However, no specific details regarding the FTA’s content, including the covered products, were disclosed.
The U.S. monitors China’s progress in Latin American economies
A report by the U.S. Congressional Research Service (CRS) states that the U.S. government is closely monitoring China’s advance in Latin American economies, including Mexico. The document notes that China has been increasingly engaged in Latin America and the Caribbean (LAC) since 2001, particularly in diplomatic and economic terms.
China outranks Colombia, Brazil and Peru as the largest Amazonian fish producer
In 2020, 59,400 tons of this species were produced in the Asian country, while Colombia produced 33,000 tons, Vietnam: 23,000, Peru: 2,100, and Brazil: 1,800. This is due to the fact that China, together with other Southeast Asian countries, has not only focused on fish production for human consumption, but has also become a leader in breeding Amazonian ornamental fish.