Peru and China on Saturday signed a number of agreements to expand bilateral cooperation in fields such as poverty alleviation, agriculture, education and small and medium enterprises.
The signing ceremony took place in Sanya, south China's Hainan Province, in the presence of Presidents Xi Jinping and Ollanta Humala, who is on a five-day state visit to the Asian country.
The first agreement is a Memorandum of Understanding between the Ministry of Development and Social Inclusion (Midis) of Peru and the State Council Leading Group Office of Poverty Alleviation and Development of China on enhancing cooperation in the fight against poverty.
The goal is to build a relationship that contributes to the fight against this scourge in both countries, through the development of joint research projects and exchange of information and experiences.
Authorities from both countries also signed a Memorandum of Understanding for the Promotion of Small and Medium-sized Enterprises (SMEs) in Peru and China, with the aim of facilitating exports and imports by SMEs. The agreement provides for the exchange of information on production programs and new areas of business development.
Moreover, they inked a Framework Agreement on Economic and Technical Cooperation, for which the Chinese government will provide grants to finance development projects.
In the agriculture sector, they signed a Memorandum of Understanding between the Ministry of Agriculture of Peru and the Ministry of Agriculture of China on Cooperation in the Field of Research and Development in Science and Agricultural Technology.
The agreement calls for the creation of a Center for Research and Development in Agricultural Science and Technology in Peru, in order to cooperate both to the implementation and promotion of technologies and the implementation of a Comprehensive Cooperation Program that includes biodiversity research and conservation activities.
Other agreements include a Phytosanitary Protocol for the Export of Peruvian Asparagus to China.
