China and Venezuela sign agreements on economy, trade and tourism

China and Venezuela They signed several bilateral cooperation documents focusing on areas such as the economy, trade and tourism, state broadcaster China Central Television (CCTV) reported on Wednesday.

The president of China, Xi Jinping, signed the agreements with the president of Venezuela, Nicolas Maduroafter a meeting in Beijing.

Xi noted that the two countries are partners with shared development, state media reported, noting that both are “good friends with mutual trust.”

Xi also said that next year will be the 50th anniversary of the establishment of diplomatic relations between China and Venezuela.

The two countries signed agreements on economy and trade, science and technology, civil aviation and aerospace.

Venezuela signaled that it actively supports China’s Belt and Road Initiative to boost global trade infrastructure, Chinese state media said, referring to an upcoming conference in China next month.

Beijing has said it has signed Belt and Road cooperation agreements with more than 150 countries and more than 30 international organizations.

Maduro indicated that Venezuela is also willing to communicate and cooperate closely with China within multilateral frameworks such as the mechanism BRICS and the United Nations.

Venezuela is actively courting membership in the BRICS, a group of large emerging economies – Brazil, Russia, India, China and South Africa – that recently favored expansion and welcomed new members.