The Chinese Ministry of Commerce emphasized the importance of strengthening the economic and trade consultation mechanism with the United States to promote sustainable development of bilateral relations.
According to a statement from the ministry’s spokesperson, as reported by Chinese Arabic-language channel CGTN on Saturday, the consultation mechanism continuously enhances mutual understanding between the two sides, citing a report from the Middle East News Agency.
The spokesperson added that following the consensus reached between Chinese President Xi Jinping and former U.S. President Donald Trump, the economic and trade teams held talks in London on June 9 and 10 of this month.
It was clarified that both sides have reached a preliminary agreement on the implementation framework of the Geneva deal. Additionally, China will consider export applications for controlled materials that meet regulatory standards in accordance with the law, while the U.S. will lift a series of restrictive measures imposed on China.
— news from Information Direct