China and Colombia have signed a joint cooperation plan under the Belt and Road Initiative (BRI), further strengthening bilateral economic ties, Chinese state media reported Wednesday following a high-level meeting in Beijing.
China and Colombia signed a joint cooperation plan on the Belt and Road Initiative after a meeting in Beijing between President Xi Jinping and President Gustavo Petro, according to Chinese state media.
China is Colombia’s second-largest trading partner after the United States, recently overtaking it as Colombia’s largest source of imports. President Xi said China is ready to import more high-quality Colombian products, support Chinese firms investing and doing business in Colombia, and participate in infrastructure construction, Xinhua reported.
On Monday, President Petro announced that Colombia would join the Belt and Road Initiative, which was launched by Xi in 2013 to develop global trade and infrastructure links.
More than 20 countries in Latin America have joined the initiative. However, Panama announced in February that it would exit the pact.
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Divers have recovered the bodies of seven Chinese tourists and a Russian driver after their minibus broke through the ice of Lake Baikal in Russia, authorities said.
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