The governments of Venezuela and China agreed to launch a new bilateral trade route, called the Tianjin-Caracas route, which will strengthen the economies of both regions.

“The new maritime route will connect the port of Tianjin, in northern China, with Venezuelan ports,” according to spokespeople in Venezuela.

It is expected that this new trade connection between Venezuela and China will reduce transit times for goods in both directions, and optimize logistics and facilitate trade flows.

Furthermore, this new trade route is expected to substantially increase the volume of bilateral trade, in a relationship based on mutual respect, sovereignty, and shared benefit.

M.Pino

Source: primicia

(Reference image source: Venti Views on Unsplash)

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La entrada Venezuela announces new maritime trade route to China apareció primero en Bitfinance.