Free Trade Agreement Norway China

China and Norway are the beneficiaries and supporters of globalization, multilateralism and free trade, and oppose unilateralism and protectionism. While relations between Norway and China have recently unraveled, Norway recently seems anxious to do more to finally reach the free trade agreement, with Chinese construction companies winning or in the race to build large banknotes on the Norwegian big banknote market. The Sichuan Road and Bridge Group is building a large bridge in Narvik and another Chinese construction company is applying for a port renovation contract in Kirkenes. Perhaps the most important is the arrival of a Chinese ship in the port of Narvik (after only two weeks of sailing) was presented in the Chinese media as proof of the concept of the Chinese polar silk route, which halved the delivery time to Europe. China stands ready to cooperate with Norway to conclude negotiations on a bilateral free trade agreement as soon as possible, to negotiate and sign documents on the establishment of a “blue partnership”, to strengthen cooperation in winter sports and other areas, and to provide a fair business environment for businesses on both sides. fair, open and non-discriminatory. “Most Norwegian exports to China are for processing and re-export, so a free trade agreement would have no effect if these cod and mackerel could not be sold for China`s domestic consumption,” Fan said. Similarly, free trade agreements do not protect exporters from the acidification of political relations with China. Australian fish exporters once saw a free trade agreement with China as a major coup. However, even after concluding a free trade agreement in 2015, the zero-duty entry of Australian exporters to China has recently been hampered by an effective freeze in the movement of their products, as Chinese inspections and suspensions of import licences have become increasingly troublesome, following the Australian government`s questioning of China`s response to the COVID 19 epidemic. Relations between China and Iran show that access to the Chinese market is not mandatory for duty-free access.

But free trade agreements, while imperfect, create new opportunities, especially for seafood, which is often traded internationally, according to Geoff Irvine, executive director of the Lobes Council of Canada. The following free trade agreements are being negotiated. “Trade is a basis for increasing total value added and provides consumers with supply opportunities. That`s why we support free trade agreements,” Astrid Aam, head of communications at salmon exporter Cermaq, one of Norway`s largest salmon companies, told SeafoodSourceSource. “Today, the Free Trade Agreement between China and Chile makes Chilean salmon cheaper for Chinese consumers than Norwegian salmon.” Talks on a free trade pact began in 2008, but relations between Oslo and Beijing were frozen from 2010 to 2016, after the Norwegian Nobel Committee awarded the Nobel Peace Prize to a Chinese dissident. The Chinese State Council and Foreign Minister Wang Yi called for the acceleration of free trade negotiations with Norway at the conclusion of a visit to Norway. After meeting with Norwegian Prime Minister Erna Solberg and Foreign Minister Ine Soreide on Thursday, Wang praised China`s relations with Norway and called on the two sides to build on their partnership.

This entry was posted in Uncategorized. Bookmark the permalink.