UNITED NATIONS - China is willing to tap the cooperation potential with Panama and make more achievements to benefit the two peoples, said Chinese State Councilor and Foreign Minister Wang Yi here Tuesday.

Wang made the remarks at a meeting with Panamanian President Juan Carlos Varela while attending the United Nations General Assembly.

The care and support from Chinese President Xi Jinping and his Panamanian counterpart Varela have injected strong impetus into exchanges and cooperation between the two sides, said Wang.

Noting that since the two countries established diplomatic relations 15 months ago, bilateral relations have been developing with a good momentum and cooperation in wide fields has been advancing rapidly, Wang said China is confident about the prospect of bilateral relations.

Varela said Panama is satisfied with the fast development of bilateral relations over the past year and that with the joint efforts from both sides, their cooperation is producing positive results, which has proved again that establishing diplomatic relations with China is a right choice.

Panama speaks highly of and is willing to participate in the Belt and Road constructions, which is believed to be a strong impetus for bilateral cooperation, said the president.

China and Panama established diplomatic relations in June last year.