China, Iceland start 6th round of FTA talks

China and Iceland started the sixth round of talks for their free trade agreement in Beijing on Tuesday, China's Ministry of Commerce said in a statement on its website.

The three-day talks will cover issues related to goods and services trade, investment, and other areas.

Bilateral trade rose 21.1 percent year-on-year in 2012 to $180 million. Chinese exports rose 24.6 percent year-on-year to $95.39 million, while Chinese imports increased 17.7 percent year-on-year to $88.96 million.

China and Iceland established diplomatic relations in 1971 and the economic cooperation between the two countries has developed smoothly since then, the statement said.