Summary
They plan to double the amount of trading in the next five years. 📈
A special team will meet to find easy ways to trade, like sharing toys. 🛠️
They also will share food safety tips and art ideas. 🎨
Key Points
5 points1
Current trade value is about four billion dollars.
2
Goal: make trade twice as big in five years.
3
Create a Joint Working Group to study rules and help trade.
4
Focus on items like fertilizers, cars, machines, food, and tourism.
5
Plan cultural exchanges and food‑safety cooperation.
New Words to Learn
10 wordsbilateral
between two countries
trade
buying and selling things
Joint Working Group
a team of people from both countries who meet to talk about trade
preferential trade agreement
a special deal that makes buying and selling easier
tariff
a tax on things that are brought into a country
non‑tariff barriers
rules that can make trade harder even without taxes
pharmaceuticals
medicine
sanitary and phytosanitary measures
rules that keep food and plants safe
biotechnology
using tiny living things to make useful products
cultural exchange programme
sharing art, music, and traditions
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