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China says it is in close touch with U.S. on trade deal

Wed Dec 25, 2019
watermark Economic news

US President Donald Trump and President Xi Jinping of China announced that the first phase of a comprehensive trade agreement has already been concluded, and now the necessary documentation is being finalized and translated. Moreover, the heads of two countries plan to hold a ceremony of signing the first stage trade agreement.


Foreign Ministry Spokesperson Geng Shuang also confirmed that the parties are in close contact and they effectively interact in resolving and discussing various issues.


The signing ceremony will take place in early 2020. The representative of the Commerce Ministry of China said that details of the terms of the deal will be made public only after the formal signing of the agreement.

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