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China Says Trump-Xi Beijing Summit Yielded New Agreements

Source
Korea Economic Daily

Summary

  • China's Foreign Ministry said the Beijing summit between US President Donald Trump and Chinese President Xi Jinping produced a series of new agreements.
  • China said the two leaders agreed to make a constructive and strategically stable China-US relationship the new status of bilateral ties, and that it would set the strategic direction for future relations.
  • The White House said both sides agreed that the Strait of Hormuz should remain open for the free flow of energy supplies, and that they shared opposition to the strait's militarization, attempts to impose transit fees, and Iran's possession of nuclear weapons.

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Photo: Shutterstock
Photo: Shutterstock

China's Foreign Ministry said a summit in Beijing between US President Donald Trump and Chinese President Xi Jinping produced a series of new agreements.

In a question-and-answer statement posted on its website on May 15, a ministry spokesperson said the two leaders held in-depth talks on major issues affecting both countries and the wider world. The statement said they reached "a series of new common understandings" but did not disclose further details.

Beijing said the two leaders agreed to define a "constructive and strategically stable China-US relationship" as the new status of bilateral ties. It added that the framework would guide the strategic direction of China-US relations for the next three years or longer.

On issues of mutual concern, the spokesperson said the two leaders reached important common understandings. They also agreed to strengthen communication and cooperation on international and regional issues.

On Iran, China reaffirmed its existing principles. The ministry said the current war should never have happened and that finding a solution as soon as possible would benefit the world. It also said efforts to ease tensions should be maintained and that parties should remain committed to a political solution.

China has long maintained that Iran's legitimate concerns should also be addressed in efforts to resolve the Iranian nuclear issue. In the latest statement, it again called for a comprehensive solution through dialogue and negotiations.

On the Strait of Hormuz and the broader Middle East, China urged the swift reopening of the waterway and the maintenance of smooth global industrial and supply chains. It said a comprehensive and lasting ceasefire should be reached as soon as possible so the Middle East and Gulf region can regain peace and stability.

The White House said in a summit readout released on May 14 that both sides agreed the Strait of Hormuz should remain open to ensure the free flow of energy supplies. It also said Xi shared opposition to militarization of the strait, attempts to impose transit fees and Iran possessing nuclear weapons.

Oh Se-song, Hankyung.com reporter sesung@hankyung.com

Korea Economic Daily

Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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