Chinese, Peruvian presidents vow to boost trade ties

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Source: CCTV.com | 11-21-2008 08:52

In Lima, Chinese President Hu Jintao and Peruvian leader Alan Garcia met Thursday as they joined to promote closer trade ties. The Chinese leader arrived in the capital on Wednesday at the start of his state visit.

Chinese President Hu Jintao (2nd L) and his wife Liu  Yongqing (2nd R) attend the welcoming ceremony hosted by  Peruvian President Alan Garcia (1st L) and his wife in Lima,  capital of Peru, Nov. 19, 2008. Chinese President Hu Jintao  is in Lima for a state visit to Peru.(Xinhua Photo)

The two leaders attended a breakfast meeting of top Chinese and Peruvian entrepreneurs.

On Wednesday, the two sides wrapped up talks on a free trade pact. Hu Jintao said it was a "strategic decision" made by the two governments.

He said China is ready to work with Peru to expand the scale of trade and achieve a trade balance.

Hu said in order to expand cooperation, the two countries should focus their efforts in the following areas.

First, the two countries should enhance cooperation in key sectors, particularly mining, which will be important to raising the level of bilateral cooperation and promoting common development.