China ready to negotiate free trade deal with Faroe Islands

China is ready to negotiate a free trade agreement with the Faroe Islands, the islands’ foreign affairs minister Bárður á Steig Nielsen told KVF after the two sides agreed to work towards better market access.

Á Steig Nielsen and China’s vice-minister of commerce, Ling Ji, signed the agreement in Beijing on Wednesday. The minister said it would not bring much immediate change, but he believed significant opportunities lay ahead.

Á Steig Nielsen would not estimate how long negotiations for a free trade agreement might take, but said he hoped they could be completed quickly.