Ministry of Foreign Affairs
The People’s Republic of China
Wang Yi Meets with Advisor to Nicaraguan President on Investment, Trade and International Cooperation Laureano Ortega Murillo
Updated: May 12, 2025 22:55

On May 12, 2025, Member of the Political Bureau of the CPC Central Committee and Foreign Minister Wang Yi met with Advisor to Nicaraguan President on Investment, Trade and International Cooperation Laureano Ortega Murillo and Foreign Minister Valdrack Ludwing Jaentschke Whitaker in Beijing.

Wang Yi said that under the strategic guidance of the two heads of state, China-Nicaragua relations have witnessed rapid development, with practical cooperation yielding fruitful results. In 2023, the two countries established a strategic partnership, marking a new chapter in bilateral relations. Last year, bilateral trade saw substantial growth, with Nicaragua's exports to China increasing rapidly, fully demonstrating the mutually beneficial nature and vast potential of their practical cooperation. China is ready to work with Nicaragua to strengthen high-level mutual trust, continue providing assistance within its capacity, prioritize the implementation of projects that support Nicaragua's efforts toward independent and accelerated development, and encourage Chinese enterprises to invest and do business in Nicaragua. Wang Yi expressed the belief that Nicaragua will remain committed to friendly relations with China and continue to provide a sound business environment.

Wang Yi said that China and Nicaragua are both members of the Global South and share a glorious tradition of standing up to power politics. China firmly supports Latin American and the Caribbean (LAC) countries in safeguarding their sovereignty, independence, and national dignity. The essence of China-LAC cooperation lies in South-South cooperation; it neither targets nor is subject to interference from any third party. China is ready to continue strengthening solidarity and collaboration with the LAC to make the international order more just and equitable and to jointly build a community with a shared future for mankind. With concerted efforts from both sides, this Ministerial Meeting is expected to achieve its intended goals and open up new prospects for China-LAC cooperation.

Laureano Ortega Murillo stated that since the restoration of diplomatic relations between Nicaragua and China, cooperation between the two countries in various fields has continued to deepen, thanks to the care and guidance of the two heads of state, setting an example of mutual respect and equality between large and small countries. Nicaragua cherishes its brotherly friendship with China and firmly adheres to the one-China principle. Nicaragua will continue to stand firmly with China and oppose the unilateral action of the abuse of tariffs. The Belt and Road Initiative and the three global initiatives put forth by President Xi Jinping will contribute to achieving peace, security, stability, and development in the world. Nicaragua strongly supports these initiatives and is willing to work with China to build a multipolar world. Laureano Ortega Murillo expressed gratitude for China's positive role in promoting the regional integration of the LAC and firmly supports LAC-China cooperation. He expressed the belief that the Ministerial Meeting of the China-CELAC Forum to be held on Tuesday will surely be a great success.