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China and CELAC usher in new chapter of South-South cooperation
- China and CELAC held the fourth ministerial meeting in Beijing on May 13, 2025, to strengthen South-South cooperation.
- This meeting followed decades of increasing ties, including a nearly 40-fold rise in bilateral trade to $500 billion by 2024 and 23 LAC nations joining the Belt and Road Initiative.
- Key projects like the November 2024 Chancay Port inauguration have reduced shipping time by one-third, lowered logistics costs by 20%, and are expected to create thousands of jobs.
- China pledged a $9.2 billion credit fund for CELAC countries and announced visa-free access for five nations, while a CGTN poll showed over 80% of Latin Americans view the partnership positively.
- These developments suggest deepening economic and social integration amid global protectionism, with China and CELAC aiming for common development through five major cooperative projects.
36 Articles
36 Articles
Nicaragua Signs Contracts With Chinese Companies in Transport, Tech and Comms
The agreements strengthen cooperation in connectivity, logistics, transportation, and defense. A delegation of the Government of the Republic of Nicaraguathat is in Beijing to attend the IX Ministerial Meeting of the China Forum – CELAC, signed on Sunday, May 11, a series of contracts with Chinese companies, strengthening cooperation with the People’s Republic of China. A contract was signed with the companies ZMJ/Huawei for a Digital Connectivi…
China-CELAC Summit Announces Cooperation Initiatives and $9 Billion Credit Program - Venezuelanalysis
Caracas, May 15, 2025 (venezuelanalysis.com) – The Community of Latin American and Caribbean States (CELAC) welcomed expanded cooperation with China at the IV China-CELAC Forum held Tuesday in Beijing. President Xi Jinping, in his opening speech, addressed representatives from the 33-nation bloc, including presidents Gustavo Petro (Colombia), Lula da Silva (Brazil), and Gabriel Boric (Chile). Venezuela was represented by Foreign Minister Yván Gi…
CGTN: China and CELAC usher in new chapter of South-South cooperation
As China hosts the fourth ministerial meeting of the China-CELAC (Community of Latin American and Caribbean States) Forum in Beijing this Tuesday, CGTN publishes an article highlighting how China-CELAC cooperation is delivering tangible benefits to local communities. The article also underscores China's sincere commitment to working hand in hand with CELAC countries on five major projects and advancing together on their respective paths to moder…
China and CELAC usher in new chapter of South-South cooperation
Pleased to see the China-CELAC Forum grow from a seedling to a tall tree, Xi said that China and Latin America have become a community with a shared future that moves forward hand in hand at the opening ceremony of the fourth ministerial meeting of the China-CELAC Forum in Beijing on Tuesday.
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