UK business minister to visit China in September for trade discussions

UK business minister to visit China in September for trade discussions

2 hours ago

UK and China Strengthen Trade Dialogue Amid Ongoing Engagement

UK Investment Minister David Reynolds will engage with his counterpart from China’s Ministry of Commerce, highlighting a growing dialogue between the UK and China that is described as mature and devoid of the threats typical in transatlantic exchanges, reports 24brussels.

A spokesperson for the UK government stated, “We are taking a consistent and strategic approach to our trade relationship with China, engaging in areas of trade that benefit the UK’s national interests.”

“Guest of Honor” at CIFIT

During Reynolds’ visit, the UK will be showcased as the “guest country of honor” at the China International Fair for Investment and Trade (CIFIT), which kicks off on September 8 in Xiamen, located in southeastern Fujian province.

Investment Minister Poppy Gustafsson was initially scheduled to lead a business delegation to the UK Investment Conference 2025 at CIFIT, aimed at presenting projects from both China and Great Britain to Chinese firms and investors. However, scheduling conflicts have raised concerns about the attendance of both Gustafsson and Reynolds, according to a source familiar with the planning.

During the visit, the UK and Chinese governments are anticipated to sign ten memorandums of understanding (MoUs). These MoUs, as reported by the source, will address diverse areas including digital trade, trade dispute measures, and multilateral trade. A senior civil servant has already engaged in discussions to ensure that arrangements for this significant meeting are finalized appropriately.

Leave a Reply

Your email address will not be published.

Don't Miss

US drug pricing changes raise concerns over medicine access in Europe

US drug pricing changes raise concerns over medicine access in Europe

Donald Trump’s “most favored nation” strategy for the U.S. could force up
Czech election marred by alleged plot to hire hitman for dog

Czech election marred by alleged plot to hire hitman for dog

In one of Europe’s most dog-loving countries, a lawmaker with Andrej Babiš’