The two nations signed a side letter allowing Washington to pursue tariffs on annual Mexican car and SUV imports of over 2.4 million vehicles, a number that significantly exceeds last year’s total. The Mexican government said the letter provided insurance that gave the auto industry scope to grow.
The train will pass through Kazakhstan, Russia, Belarus, Poland and Germany, reducing the transport time to France by nearly 20 days compared with ocean shipping. The journey will take about 18 days.
The two sides share common interests in
The two courts were established in June after the central leadership approved a guideline on establishing the Belt and Road International Commercial Dispute Resolution Mechanism and Institution in January 2018.
The two sides talked about the expansion of trade on manufactured goods and service, and have reached consensuses to create favorable conditions to increase trade in those areas.
The truck manufacturer, based in the Inner Mongolia Autonomous Region, reported orders for 466 heavy trucks worth 158 million yuan (.77 million) from overseas markets in the first quarter of this year, up 8.4 percent year-on-year. The orders accounted for about 8.5 percent of the group's total sales.
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The two countries "are expected to play a much greater role in international affairs", said Surie, who is also a former Indian ambassador to China.
The two nations have been working together in areas including collaborating in R&D, facilitating supplies, and cooperating globally.
The two countries should also enhance people-to-people communications in such areas as education, culture, medicine, think tanks, media, youth and women, thus to strengthen the friendship between the people of both sides, he said.
The train would reduce travel time for passengers and freight between Chiriqui province and the national capital, which can take eight to 10 hours on the Pan-American Highway, as well as serve cities along its route. Flights between David and Panama City take about an hour.