China and Colombia to start feasibility study of FTA

Chinese Premier Li Keqiang (L) talks with Colombian President Juan Manuel Santos in Bogota, capital of Colombia, May 21, 2015.[Photo/english.gov.cn]

China and Colombia have agreed to start a feasibility study of Sino-Colombian free trade agreement (FTA), said Premier Li Keqiang on May 21 after a meeting with Colombian President Juan Manuel Santos.

China has signed free trade agreements with Peru and Chile. Starting the feasibility study is a positive sign to companies in both countries, and the bilateral trade will increase greatly, said Premier Li Keqiang.