On November 7, witnessed by Premier Li Keqiang and Russian Prime Minister Dmitry Medvedev, Minister of Commerce Zhong Shan and Russian Minister of Economic Development Maxim Oreshkin signed the Memorandum of Understanding on Cooperation in Trade in Services Between the Ministry of Commerce and the Ministry of Economic Development of the Russian Federation in Beijing.
According to the Memorandum, China and Russia will establish a permanent working group on cooperation in trade in services under the framework of the Economic and Trade Cooperation Subcommittee of the Prime Minister's Regular Meeting Committee. The two sides will strengthen cooperation in tourism, culture, sports, transportation services, medical services, education services, exhibition services and service outsourcing, promote bilateral exhibitions with the purpose of developing trade in services, and strengthen data exchange of bilateral trade in services.
In recent years, China-Russia economic and trade relations have developed steadily, and bilateral trade in services has maintained a good development momentum and broad prospects for cooperation. Signing the Memorandum of Understanding on Cooperation in Trade in Services has complied with the new trends and new requirements for the development of Sino-Russian economic and trade cooperation. Next, China and Russia will pragmatically cooperate to turn the contents of the memorandum into actual achievements, continuously improve the level of cooperation in trade in services, and further promote the sustained and stable development of bilateral economic and trade relations.
China and Russia Signed the Memorandum of Understanding on Cooperation in Trade in Services
Date:2018-11-20 Hits:17
