Fresh round of China-US trade talks start in Washington

2/1/2019 - 10:30:55 AM

China and the United States kicked off in Washington on January 30 morning a new round of high-level talks to address their differences on outstanding economic and trade issues.

At the event. (Photo: Xinhua)

The talks, scheduled for two days, mark a significant step in the implementation of the important consensus reached by Chinese President Xi Jinping and US President Donald Trump during a working dinner in Buenos Aires, Argentina, on December 1.

The two heads of state agreed back then that the two sides should try to reach a mutually beneficial and win-win agreement within 90 days to bring an early end to their months-long trade friction featuring massive tariffs on imports from each other.

The latest talks began shortly after 9 a.m. local time (1400 GMT) at the Eisenhower Executive Office Building, part of the White House complex, following a brief session open to the media.

All the discussions and negotiations, which are expected to last until January 31 afternoon, will be held behind closed doors.

The Chinese delegation, headed by Vice Premier Liu He, includes senior officials from major economic sectors of the Chinese government, while the US team is led by Trade Representative Robert Lighthizer and includes Treasury Secretary Steven Mnuchin, among others.

The White House has said that the US side welcomes the Chinese delegation, which arrived in Washington on January 28, and that Trump is scheduled to meet with Liu on January 31.

The world is watching these talks closely, with many hoping for some substantial, positive progress to be made.

Source: NDO

Optimistic signals of the world economy

The world economy has overcome a challenging year, but has proven more resilient than expected. The Financial Times (UK) commented that 2023 was a positive year for the world economy as the economic surprise index collated by Citigroup shew that actual data have underwhelmed economists’ predictions for much of the past months. These economic trends are the basis for optimism about the world economy in 2024.

Laos announces theme, logo of ASEAN Chairmanship 2024

Laos has announced the theme and logo for its the Chairmanship of the Association of Southeast Asian Nations (ASEAN) in 2024.

Vietnam elected Vice President of UNESCO General Conference

Vietnam was elected a Vice President of the 42nd session of the UNESCO’s General Conference, representing the Asia-Pacific, on November 8.

Safe and responsible use of AI promoted

Since the "blockbuster" ChatGPT was launched a year ago, the prospects for the development of artificial intelligence (AI), as well as concerns about the risks from this technology, have become hot topics in the technology world.

Successfully completing the training program to improve the capacity of implementing the Government’s policy in Korea

(HBO) - From September 12 - 23, in Seoul, South Korea, the Korea International Cooperation Agency (KOICA) organized a training program under the project "Supporting the Academy of Journalism and Communication to improve the the capacity of implementing the Govermmment’s policy” in phase 2 with the coordination and the coordination of Hyundai Research Institute (HRI).

KOICA fellowship programme 2023 opens in Republic of Korea

(HBO) – The Korea International Cooperation Agency (KOICA) opened a fellowship programme in Seoul on September 13 under Phase 2 of a project that helps Vietnam’s Academy of Journalism and Communication (AJC) enhance its capacity of implementing government policies.