China and Belarus Strengthen Multilateral Cooperation

China and Belarus have agreed to bolster cooperation in various sectors such as trade, security, energy, and finance. The agreement was reached after Chinese Premier Li Qiang met Belarusian Prime Minister Roman Golovchenko in Minsk. Both nations aim to enhance industrial supply chains and trade facilitation. China-Belarus relations have thrived for decades, with bilateral trade surpassing $8.4 billion last year.

China and Belarus have reached a landmark agreement to enhance cooperation in multiple sectors, including trade, security, energy, and finance. This development follows a meeting between Chinese Premier Li Qiang and Belarusian Prime Minister Roman Golovchenko in Minsk.

According to a joint statement released the day after the meeting, both nations will work together to strengthen industrial supply chains and improve trade facilitation in an effort to reduce costs. Additionally, Belarus plans to deepen ties with the Guangdong-Hong Kong-Macau Greater Bay Area, an economic hub that includes cities such as Guangzhou, Shenzhen, and Zhuhai.

China Daily highlighted that Belarus was one of the early supporters of China's Belt and Road Initiative. Premier Li noted that China-Belarus relations have remained strong for 32 years, despite global uncertainties. China is currently Belarus' second-largest trading partner, with trade between the two nations exceeding $8.4 billion in the past year.

(With inputs from agencies.)