Sino-Norwegian Shipping Agreement Signed
State Secretary of the Norwegian Ministry of Trade and Industry, Mr. Oluf Ulseth and Chinese Vice Minister of Communications, Weng Mengyong signed a bilateral agreement of shipping 4 December in Shanghai, China.
The agreement will be an important addition to the two countries' level of cooperation. The Norwegian shipping industry is heavily involved in China and the agreement will ensure better access to the Chinese markets and more preferable deals for Norwegian companies.
The agreement is rather similar to the EU-China Agreement signed in 2002, the Norwegian agreement, however, being slightly broader in scope. The agreement includes, among other issues, regulations for hiring crew and adherence to international law.