This comes when negotiations between the two countries have concluded on the export of Namibian mutton to the Chinese market
The Chinese Embassy confirmed the advancement of talks on marine products hinting at a promising future for bilateral trade
The negotiation on exporting mutton to China has finished and the two sides will choose a suitable time to sign a relevant bilateral agreement The export of products like deep sea crabs is still under technical negotiation The negotiation of these products once finished will be publicised to the media in certain suitable ways said the Embassy representative Loren Yan
This comes as Chargé daffaires of the Chinese Embassy Shen Jian stated that Namibias trade relations with China have surged with bilateral trade volumes surpassing N$24 billion in 2023
Jian expressed interest in the export of Namibias deep sea red crab abalone mutton grape frozen lobster and others to China
China welcomes more Namibian products to enter the Chinese market and the two governments are currently negotiating on the export of Namibias deep sea red crab abalone mutton grape frozen lobster and others to China said Jian at the Promotion Conference of the 7th China International Import Expo and Hongqiao International Economic Forum in Namibia on Tuesday
China consistently ranking as Namibias second largest trading partner experienced a notable 165 year on year trade volume growth
Jian noted the deepening economic cooperation between China and Namibia citing the highly complementary nature of their economies
This development highlights the stable export market relationship between Namibia and China particularly for minerals such as uranium lithium and marble as well as agricultural products like beef and oysters
Meanwhile the China International Import Expo envisioned proposed deployed and promoted by President Xi Jinping stands as the worlds inaugural import themed state level expo
Jian said since its inception in 2018 it has effectively served as a platform for international procurement investment promotion people to people exchanges and open cooperation
The Embassy noted that the Expo supported by Chinas vast market has strengthened the link between China and the rest of the world making significant contributions to the global economys recovery and the advancement of an open global economic landscape
Chargé daffaires said that Namibians are increasingly eyeing business prospects in China while Chinese firms show heightened interest in investing in Namibia
