Chinese Foreign Minister Wang Yi met with Nicaragua's top officials in Beijing this week, signaling deepening cooperation between the two nations. As advisor on investment and foreign affairs Laureano Ortega and Minister Valdrack Jaentschke joined discussions, the talks focused on bolstering trade, infrastructure projects, and mutual support in international organizations 🌐.
Wang, also a senior member of the Communist Party of China Central Committee's Political Bureau, emphasized China's commitment to 'win-win partnerships' with Global South countries. The Nicaraguan delegation praised China's development model, with Ortega calling it 'an inspiration for emerging economies' 💼.
This meeting comes 20 months after Nicaragua resumed diplomatic relations with the Chinese mainland, having previously recognized the Taiwan region. Analysts suggest the strengthened ties could lead to new investments in Central American renewable energy and transport sectors 🚂⚡.
