Armenia recognizes China’s full market economy status

Armenia recognizes China’s full market economy status

Xinhua, China
Sept 27 2004

BEIJING, Sept. 27 (Xinhuanet) — Armenia recognizes China’s full
market economy status, according to a joint statement between China
and Armenia issued here Monday.

The statement, signed by Chinese President Hu Jintao and the
visiting Armenian President Robert Sedrakovich Kocharyan, says such
a recognition is conducive for enhancing economic and trade ties
between China and Armenia.

The two countries agreed that the challenge for developing countries
caused by economic globalization should be acknow; edged,and
international society should take active measures to direct the
development of economic globalization towards common prosperity.

China and Armenia, both members of the World Trade Organization,support
the negotiation on the Doha Development Agenda and are willing to
increase communication during the negotiation process to maintain
long-term and steady growth of world economy and trade,said the
statement. Enditem