Venezuela recognizes China as full market economy

Xinhua news agency
23 Dec 04

Beijing, 23 December: The Bolivarian Republic of Venezuela recognized
China’s full market economy status Thursday [23 December]. The
Venezuelan government made this recognition in the third meeting
briefing of the high-level mixed committee. The document was signed
by the two governments here during Venezuelan President Hugo Rafael
Chavez Frias’s five-day state visit to China.

Both sides believed this recognition will help the two countries
cooperate in the World Trade Organization and further boost the
bilateral economic relations. So far, 27 countries have recognized
China’s full market economy status, including New Zealand, Nigeria,
Russia, Pakistan, Venezuela, Chile, Brazil, Argentina, Peru, Antigua
and Barbuda, Benin, Djibouti, South Africa, Togo, Guyana, Armenia,
Kyrgyzstan, and the 10 member countries of the Association of Southeast
Asian Nations.