Accessibility links

Breaking News

Norway, China Launch Free Trade Talks


FILE - Chinese President Xi Jinping speaks to Norwegian Prime Minister Erna Solberg at the Great Hall of People in Beijing, China, April 10, 2017. In another sign that their relationship was thawing, the two countries have resumed talks on a bilateral free trade deal, Norway's Industry Ministry said Thursday.
FILE - Chinese President Xi Jinping speaks to Norwegian Prime Minister Erna Solberg at the Great Hall of People in Beijing, China, April 10, 2017. In another sign that their relationship was thawing, the two countries have resumed talks on a bilateral free trade deal, Norway's Industry Ministry said Thursday.

Norway and China have resumed talks on a bilateral free trade deal, Norway's Industry Ministry said Thursday, in another sign that their relationship was thawing after a row over the award of the Nobel Peace Prize to dissident Liu Xiaobo.

Beijing suspended discussions immediately after the Norwegian Nobel Committee awarded the prize to Liu in 2010.

The dissident was jailed for 11 years in 2009 for "inciting subversion of state power" after he helped write a petition known as "Charter 08" calling for sweeping political reforms.

Liu died on July 13 from liver cancer.

China and Norway agreed to resume full diplomatic relations late last year and in June stepped up energy cooperation.

Several Norwegian firms, including Statoil, signed memoranda of understanding (MOUs) with Chinese partners.

"It is good that negotiations are resuming," Trade and Industry Minister Monica Maeland said in a statement.

The two sides had agreed to meet once more before the end of the year to discuss the trade of goods, services and investments, the statement said.

Initial reports from Norwegian negotiators were "very promising," Maeland said.

A free trade deal would benefit producers of farmed salmon — Norway is the world's largest producer — such as Marine Harvest, Salmar, Leroey, Norway Royal Salmon and Grieg Seafood.

  • 16x9 Image

    Reuters

    Reuters is a news agency founded in 1851 and owned by the Thomson Reuters Corporation based in Toronto, Canada. One of the world's largest wire services, it provides financial news as well as international coverage in over 16 languages to more than 1000 newspapers and 750 broadcasters around the globe.

XS
SM
MD
LG