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Establishment Of Economic Ties
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Establishment Of Economic Ties Between Norway And China
Brief Historical Overview:

Norway's economic relations with China began approximately one hundred and fifty years ago, when the first Norwegian ship called on the port in Shanghai. Several Norwegians had for many years joined Danish journeys to China, and got inspired by their commercial objectives.

For very long, economic and political ties between Norway and China developed quite erratically and relatively slow, although Norway had various informal representations in China since 1851. Establishment of official diplomatic relations was completed on 5th of October 1954. The two countries decided to exchange ambassadors in 1955, and relations hereafter entered a new and more dynamic phase.

Since establishment of formal relations between the two countries, the bilateral economic cooperation has developed from simple exchanges of commodities to multi-field cooperation in economy, trade, industry and technology. The bilateral trade between China and Norway has increased constantly since mid-1980s and has resulted in China now being Norway's most important trading partner in Asia.

 
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