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Trump meets China’s Vice Premier Liu to discuss trade talks

Washington, Feb 23 (IECurrentAffairs) US President Donald Trump met Vice Premier of the People’s Republic of China in the White House to discuss bilateral ties and the ongoing bilateral trade talks, US president’s administration on Saturday said.

Over the past two days, the two teams have engaged in productive talks, and achieved good progress in such areas as balance of trade, agriculture, technology transfer, protection of intellectual property rights, and financial services, said Liu, who is also a member of the Political Bureau of the Communist Party of China Central Committee and chief of the Chinese side of the China-US comprehensive economic dialogue.

Liu is here for the seventh round of high-level economic and trade talks between the world’s top two economies that started on Thursday. He is also visiting the United States as the special envoy of Chinese President Xi Jinping.

Liu first conveyed Xi’s message to Trump. The President of China said that the two nations’ trade teams have recently been implementing the consensuses he reached with Trump in December in Argentina, and have carried out intensive economic and trade consultations.

Xi said these discussions have achieved good progress and have been well received by the two nations and the international community at large.

The Chinese president said he hopes the two sides would maintain the spirit of mutual respect and win-win cooperation, make further efforts and meet each other halfway, so as to reach a mutually beneficial and win-win agreement.

Liu said the two teams will redouble their efforts and speed up the consultations in the next stage, so as to fulfill the great responsibility the two presidents placed on their shoulders.

The US-China relationship is extremely important and is currently ‘very good,’ Trump said, adding that ‘great progress’ has been made in the past two days of talks, while there is still work to be done.

The two sides decided to extend the talks by two days till Sunday.

Trump said that he believes the two parties would eventually reach a deal that is both ‘meaningful’ and ‘good for both countries.’

He is looking forward to meeting Xi again in the near future and jointly witnessing a historic moment in bilateral trade and economic relations.

US Trade Representative Robert Lighthizer, Treasury Secretary Steven Mnuchin, Commerce Secretary Wilbur Ross, and Trump’s senior advisor Jared Kushner also attended the meeting.

Source
Via UNI-India
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