• $ 1.7
  • € 1.9286
  • ₽ 0.022033
  • ₺ 0.0433
  • £ 2.2896

China's President Xi says tariffs and trade wars hurt world economic order

China's President Xi says tariffs and trade wars hurt world economic order
23.04.2025 16:30

Chinese President Xi Jinping said on Wednesday that tariff and trade wars undermine the legitimate rights and interests of all countries, hurt the multilateral trading system and impact the world economic order, the official Xinhua news agency reported.

Xi made the comments in Beijing during a meeting with Azerbaijan President Ilham Aliyev, who is on a state visit to China from April 22-24.

Xi said that China is willing to work with Azerbaijan to safeguard the international system and carry out "in depth" law enforcement and security cooperation with the Azerbaijan side.

"China is ready to work with the Azerbaijan side to uphold the international system with the United Nations at its core...and safeguard international fairness and justice," Xinhua said.

The two leaders announced "the establishment of a comprehensive strategic partnership between China and Azerbaijan". It included the signing of 20 cooperation documents as part of China's Belt and Road Initiative, in areas including legal, green development, digital economy, intellectual property rights, and aerospace.

Bordering Iran, Russia, Georgia and Armenia, Azerbaijan was one of the first countries to support China's BRI initiative. It was launched in 2013 by Xi as a way to extend China's geopolitical and economic influence through a global infrastructure development push.

China and Azerbaijan signed a mutual visa exemption for citizens holding ordinary passports and will promote exchanges and cooperation between the two countries in various fields, Xinhua said.

Both countries are committed to expanding market access for green and high-quality agricultural products and in renewable energy.

China "is ready to work" with Azerbaijan and other countries along the BRI to improve customs and cargo transportation efficiency, and build a safe and stable China-Europe direct trans-Caspian Express route, the statement said.

Similar news
Similar news
Azerbaijan's President Aliyev meets U.S. Senator Steve Daines
Political News 16:59
Azerbaijan's President Aliyev meets U.S. Senator Steve Daines
Tokayev: Share of OTS member countries in global GDP increased to 3.1%
Political News 18:00
Tokayev: Share of OTS member countries in global GDP increased to 3.1%
Italian president congratulates Ilham Aliyev
Political News 16:30
Italian president congratulates Ilham Aliyev
Erdogan to visit Azerbaijan on May 28
Political News 14:30
Erdogan to visit Azerbaijan on May 28
President Ilham Aliyev meets with residents in Lachin
Political News 14:00
President Ilham Aliyev meets with residents in Lachin
Development of Azerbaijan-Uzbekistan co-op in media discussed in Tashkent
Political News 16:30
Development of Azerbaijan-Uzbekistan co-op in media discussed in Tashkent
Peace between Armenia and Azerbaijan 'within reach', Pashinyan says
Political News 16:00
Peace between Armenia and Azerbaijan 'within reach', Pashinyan says
Ilham Aliyev visiting Ismayilli
Political News 14:00
Ilham Aliyev visiting Ismayilli
Azerbaijani Foreign Ministry congratulates Georgia on Independence Day
Political News 13:30
Azerbaijani Foreign Ministry congratulates Georgia on Independence Day
Anews TV

Our official Youtube channel

Subscribe