Big plans are ahead next week as the leaders of the world's two biggest economies are set to meet via video link and exchange "issues of common concern," while all the way in South America, Chile is expected to hold its long-awaited presidential election on November 21.

Xi to meet with Biden virtually

Chinese Foreign Ministry announced on Saturday that Chinese President Xi Jinping will meet with U.S. President Joe Biden via video link on Tuesday morning Beijing time.

Since the beginning of the year, President Xi has held two phone conversations with Biden at the U.S.'s invitation, and the two leaders agreed to maintain regular communication through various ways.

Xi will exchange views with Biden on China-U.S. relations and issues of common concern, according to the ministry.

Chile's 2021 presidential election

Chile will hold its first presidential election, since a massive wave of protest shook the country, on November 21.

According to two polls released with less than a month left before the vote, conservative candidate Jose Antonio Kast and former student leader Gabriel Boric, are running neck and neck.

On Friday, Kast told a news conference that his proposals on immigration, the environment and the economy "are common sense" positions. Boric, who tested positive for COVID-19 earlier this month, said on Twitter that "we continue from home to build a new Chile."

Day by day:

Monday: Eastern Partnership Foreign Ministers meeting starts in Brussels; EU Foreign Affairs Council holds a meeting.

Tuesday: Chinese President Xi Jinping holds meeting with U.S. President Joe Biden via video link; Italian President Sergio Mattarella begins his two-day state visit to Spain; Russian Foreign Minister Sergei Lavrov holds talks with his Moldovan counterpart Nicu Popescu.

Wednesday: A quiet day in politics.

Thursday: Canadian Prime Minister Justin Trudeau and Mexican President Andrés Manuel López Obrador visit the White House; Brazil's President Jair Bolsonaro visits Qatar on a six-day trip to the Gulf that also takes him to UAE and Bahrain (to November 23).

Friday: NATO Secretary-General Jens Stoltenberg holds a speech on "NATO 2030: The transatlantic community in the era of strategic competition" in Berlin.

Saturday: A quiet day in politics.

Sunday: Venezuela holds regional and local elections; Chilie holds presidential election.