China and Ecuador to Start FTA Talks
China and Ecuador started negotiations on a trade agreement, with both parties signing a memorandum of understanding laying out their goals, China's Ministry of Commerce said Feb. 6, according to an unofficial translation. A joint feasibility study will be conducted…
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to study any potential FTA and its expected benefits. Bilateral trade between the two countries hit $10.95 billion in 2021, a 44.5% year-on-year increase, the ministry said.