China, Chile to conduct FTA feasibility study
(Xinhua)
Updated: 2004-04-24 10:42

Visiting Chinese Vice Premier Hui Liangyu and Chilean Foreign Minister Soledad Alvear declared Friday that their countries will soon launch a feasibility study on a free trade agreement (FTA) between them.

The announcement was made in a communique issued at a press conference after a meeting between the two officials.

The contents of the FTA study were already agreed upon at an expert meeting held last April 15-16 in Santiago.

Both sides voiced satisfaction over the launching, and hoped that the conclusions of the study will help initiate negotiations on a free trade accord.

The Chinese vice premier arrived in Chile on Thursday for a three-day visit.