United States (US) and China plan to hold a new round of negotiations later this month, according to officially reported last week. Both sides, hope to wrap up a final agreement with a formal signing ceremony on May 27, the US’ Memorial Day holiday or early June.

The planned, US’ Trade Representative Robert Lighthizer will travel to Beijing on April 29, ahead of a visit by China’ Vice Premier Liu He to Washington on May 6. The talks are aimed at ironing out the wording of a final trade agreement that would be signed by US President Donald Trump and Xi.

The report noted, however, that US and Chinese officials have previously missed their own deadlines for concluding a deal. Talks are continuing, and representatives of the two nations have missed previous deadlines aimed at finishing a deal.

But if the senior officials succeed in reaching an accord, officials from both countries could then spend a couple of weeks wrapping up the agreement’s text and legal language before a hoped-for presidential signing ceremony as soon as Memorial Day.