#economic-cooperation

#economic-cooperation

Chinese President Xi Jinping emphasized the importance of deepening trust between China and the EU. He stated, "The more severe and complex the international situation is, the more important it is for China and the EU to strengthen communication, increase mutual trust, and deepen cooperation." This suggests a need for collaboration, despite existing tensions.

German Chancellor Friedrich Merz expressed optimism regarding ongoing trade negotiations, stating that decisions could be imminent as talks progress to avoid steep tariffs on European goods.

The UK and Germany, perhaps the two countries most closely aligned when Britain was inside the EU, are starting out afresh in a darker world.

Uzbekistan's President Shavkat Mirziyoyev has arrived in Azerbaijan for a state visit, highlighting a growing partnership between the two countries in Central Asia and South Caucasus.

The trade deal between Mercosur and the European Free Trade Association will create a free trade area covering nearly 300 million people with a combined GDP exceeding $4.3 trillion.

Li Qiang emphasized that no nation can thrive in isolation from global commerce, positioning China as a partner in addressing economic challenges, reminiscent of past crises.

"India is a fast growing economy, which in a few years is expected to be the world's third largest," said Dousa in a statement.

Hong Kong is dedicated to capitalising on its connectivity with both mainland China and the world, aiming to strengthen its trade with the Gulf nations.

"We are discussing how to build new regional economic value chains that link our countries, including with American private sector investment," Nduhungirehe said.

Uzbekistan's President Shavkat Mirziyoyev described the summit as "truly historic" and a "historic chance" for Central Asia to strengthen ties with Europe.

"This year's fair wants to promote optimism and serve as a platform for dialogue between politics and business on fostering a conducive environment for investment success."

Singapore offers investments and technological advancements in digital transformation and green transition, which aligns with Vietnam’s goals to elevate its international standing during challenging geopolitical times.