Vice President U Myint Swe attended the opening of the 13th China-ASEAN Expo and the China-ASEAN Business and Investment Summit at the Nanning International Convention and Exhibition Centre in the southern Chinese city of Nanning yesterday.
China’s Vice Premier Mr Zhang Gaoli and heads of the member countries of the Association of Southeast Asian Nations (ASEAN) delivered addresses at the event.
The Chinese vice premier said the cooperation between China and ASEAN over the past 25 years has grown significantly, leading to the establishment of comprehensive strategic relations among them.
China vowed to promote free trade in the ASEAN region, with trade between the mainland and the bloc reaching US$472 billion in 2015, a 58 per cent increase from 1991. The Chinese vice premier called for greater pragmatic cooperation in the implementation of the “One Belt, One Road” scheme and the 21st Century Maritime Silk Road project to achieve mutual benefits.
Speaking at the opening ceremony, Vice President U Myint Swe described the launch of China-ASEAN Expo as a symbol of greater friendship, trade and social integration between the peoples of China and ASEAN countries.
U Myint Swe called for concerted efforts to build a more integrated China-ASEAN community through the implementation of the 21st Century Maritime Silk Road project, saying that a more unified ASEAN plays a critical role in bridging economic development gaps among its member nations.
The vice president welcomed China’s initiatives in the establishment of the Asian Infrastructure Development Bank, stressing that closer ties between China and ASEAN will yield good returns.
The vice president expressed his belief that the new free trade deal to be signed between China and ASEAN will reach US$1 trillion in bilateral trade and US$150 billion in investment.
Vice President U Myint Swe met correspondents from China’s eight news agencies and responded to queries on relations, economy and trade between the two countries.
The vice president visited the Guangxi Museum of Nationalities and the Myanmar Trade and Investment Promotion Centre in Nanning.
In the evening, he visited the Myanmar Consulate, where he met the staff, their families and scholars. After the meeting, he attended a dinner hosted at the consulate.—Myanmar News Agency