Norway and China to enhance trade and climate cooperation

Norway looks forward to studying China’s new Five-Year Plan which will shape the country’s future social and economic development says Signe Brudeset, Norwegian Ambassador to China in a written interview with China Daily

As China reaffirms its commitment to further opening-up in the country’s 14th Five-Year plan (2020-2025), Norway sees opportunities in building on already existing important trade relations between the two nations once the plan is approved and published, the Ambassador said. Norway and China’s trade relations include the seafood and shipping industry but Norway also sees opportunities to develop new business areas in the Chinese market and for the plan to boost bilateral cooperation in other areas such as climate and environment as well. 

The Ambassador stated that Norway and China are currently negotiating a free-trade agreement between the two countries and more open and predictable trade on an equal footing will benefit businesses in both countries. Adding that Norway expects China’s climate and environmental goals will be achieved through the implementation of the new plan.

The ambassador also talked about oceans, sports, and outdoor activities as being areas where she sees potential for further cooperation while Norway-China cooperation progresses in many fields. With extensive ocean-based cooperation, research, and trade, the ambassador said she sees great potential for further cooperation between the two important ocean nations, to ensure that Norway and China can benefit from a profitable and sustainable ocean economy.

Read the full interview here

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