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Wang Yi: China-Latin America Cooperation Is Neither Targeted at nor Affected by Any Third Party

2019-07-26

On July 25, 2019 local time, when jointly meeting the press with Foreign Minister Ernesto Araujo of Brazil, State Councilor and Foreign Minister Wang Yi noted, China pursues all-around diplomacy and is willing to establish friendly and cooperative relations with all the countries in the world. China-Latin America cooperation meets bilateral needs and is neither targeted at nor affected by any third party.

Wang Yi said, Latin America, a continent brimming with vigor and vitality, owns huge potential in cooperation with China. Latin American and Caribbean countries are all developing countries and emerging markets, thus sharing broad common interests with China. Despite the remote distance between China and Latin America, the two sides have boasted long history of friendly exchanges and enjoyed friendly feelings to each other. In 2014, President Xi Jinping attended the first China-Latin America summit in Brazil, when both sides confirmed to build the comprehensive and cooperative partnership of equality, mutual benefit and common development and announced to establish the Forum of China and the Community of Latin American and Caribbean States. Over these past years, with joint efforts of China and Latin American countries, China-Latin America cooperation has been expanding and deepening, maintaining a healthy momentum of development. A new cross-regional cooperation path is being explored, which conforms to the trend of the times and to the interests of all parties.

Wang Yi noted, the most distinctive characteristic of China-Latin America cooperation lies in equality and respect. When the Chinese side cooperates with its Latin American friends, it always treats each other equally and takes care of each other's core and major interests. It always sticks to respecting their political systems and development paths and not interfering in others' internal affairs, regardless of the size of nation, the similarities or the differences of political systems.

The core essence of China-Latin America cooperation is common development. We are willing to give play to the advantages of China in market, capital and industry, to help Latin American countries make breakthroughs in development bottlenecks, to improve self-development capacity and to achieve sustainable growth. China has signed cooperation agreements with 19 countries in Latin America to jointly build the Belt and Road Initiative, thus driving the upgrade and innovative development of China-Latin America cooperation. The trade between China and Latin America is generally balanced. After a breakthrough of 300 billion US dollars last year, the trade volume has increased nearly 25 percent in the first half of this year. Chinese enterprises, the number of which investing in Latin America has surpassed 2,000, has accumulatively created more than 1.8 million jobs for local people. Both sides have boosted local economic and social development through cooperation in such fields as energy, infrastructure construction, agricultural development, car manufacturing and digital economy, delivering real benefits to Latin American people.

The most precious direction of China-Latin America cooperation is openness and inclusiveness. The nature of China-Latin America cooperation is South-South cooperation. It is each other's independent and voluntary choices and the mutual help for each other. Never has China taken geopolitics into consideration in Latin America. Neither has China pursued its own sphere of influence nor getting into a strategic game. China-Latin America cooperation meets bilateral needs and is neither targeted at nor affected by any third party. As Latin American countries are all sovereign and independent countries, China is glad to see that Latin American countries develop relations with any other countries, and respects the close connections formed in the history of this region. We believe that cooperation between Latin American countries and other sides can go hand in hand, complement and promote each other. We are also willing to develop trilateral cooperation and multilateral cooperation, to enlarge interests and achieve multi-win and win-win outcomes on the basis of respecting the will of the countries in the region.

Wang Yi said, President Xi Jinping will set foot on Latin America for the fifth time in November this year, which is believed to inject new impetus to the development of China-Latin America relations. Brazil is a major Latin American country with worldwide influence. The Chinese side values and supports Brazil to play a greater role in regional and international affairs. We are also willing to work with the Brazilian side to push for constant and new development of China-Latin America relations.

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