CEE states discuss options to increase investment and trade with China

Chinese Premier Li Keqiang and leaders of Central and Eastern European (CEE) countries pledged in Bucharest on Tuesday to expand investment and trade.

The two sides agreed at a China-CEE leaders’ meeting to designate 2014 as the year for promotion of investment and trade between China and CEE countries, and a series of events will be convened during that year.

In a cooperation guideline adopted at the meeting, the leaders also agreed to encourage their countries’ small and medium-sized enterprises to play an active role in economic and trade cooperation between the two sides.

The two parts decided to promote trade in agriculture, announcing support for the establishment of a joint association to promote agricultural cooperation.