Norway China Trade Agreement
A long-awaited free trade agreement between China and Norway has made “good progress,” a senior Norwegian official said in Beijing on 29 November 2019, calling for a frank dialogue and attitude towards trade to fend off lingering concerns about protectionism. “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.” In 2007, China and Norway agreed to launch a feasibility study for EESA. The two countries held the first round of negotiations on the free trade agreement in Oslo in September 2008 and the 16th round of free trade negotiations took place in Wuhan, Hubei province, central China, last September. 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. The free trade agreement has been “valuable” to the Canadian lobster industry, said Irvine, referring to the renegotiated U.S.-Mexico-Canada agreement (USMCA), as well as the 2016 Comprehensive Economic and Trade Agreement (CETA) with South Korea with the European Union and Canada`s free trade agreement with South Korea, which came into force in 2015. Both the Prime Minister and the Minister of Foreign Affairs expressed the hope that a free trade agreement could be reached as soon as possible between China and Norway. OSLO (Reuters) – Norway is aiming for a free trade agreement with China by the end of 2020, more than a decade after the start of the first negotiations, Norway`s industry minister told Reuters on Wednesday. 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.
Tags:China Free Trade Agreement Norway Norwegian Ministry of Fisheries and Fisheries The Chinese Foreign Minister on Thursday called for the speedy conclusion of a free trade agreement with Norway, but warned Olso not to “politicize” the Nobel Prize by awarding another peace prize to a Chinese dissident. “Given the impact of COVID-19, the rapid conclusion of the China-Norway free trade agreements is of great importance for bilateral economic relations and trade, as well as for efforts to keep the global supply chain open and interconnected,” he said at a media briefing with Soreide.