Photo: ReutersThe countries have also agreed to maintain communication and coordinationChinese and US trade representatives agreed Friday to "create favourable conditions" for the phase one trade deal signed in January, Beijing officials said, despite recent tensions over the coronavirus pandemic. "Both sides said they should strengthen macroeconomic and public health cooperation, strive to create a favourable atmosphere and conditions for the implementation of the phase one US-China economic and trade agreement, promoting positive results," the notice said. The countries have also agreed to maintain communication and coordination. The exchange took place after both nations recently traded barbs over the deadly virus. In January, Beijing agreed to import an additional $200 billion in US products over two years, above the levels purchased in 2017, marking a truce in a bruising trade war.

Source: Dhaka Tribune May 08, 2020 03:00 UTC