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VietNamNews

ASEAN, China review relations

Update: March, 03/2012 - 09:13

HA NOI — Senior officials of the Association of Southeast Asian Nations (ASEAN) and China gathered yesterday to review solutions to strengthen relations.

Speaking at the 18th meeting hosted by Deputy Foreign Minister, Pham Quang Vinh, and his Chinese counterpart Fu Ying, the two sides highly praised results achieved in various fields.

A 2011-15 Action Plan aimed at peace and prosperity in the region is being actively and effectively implemented. Currently, 86 out of the 175 co-operative projects for the period 2011-12 have been completed.

Two-way trade between ASEAN and China reached US$350 billion last year and is expected to reach $500 billion in 2015.

At the meeting, the two sides agreed to implement more action-plan projects and decisions the two sides made at the 14th summit in Indonesia last November.

Both sides said they would give priority to strengthening co-operation on infrastructure development, disaster management, science and technology, and promoting the implementation of a free-trade area.

China promised to create favourable conditions for disbursement of additional credits worth US$10 billion to support connectivity projects in ASEAN.

The ASEAN countries and China reaffirmed their commitment to implement the Declaration on the Conduct of Parties in the East Sea, maintain dialogue at all levels to guide this conduct, and establish a Code of Conduct in the East Sea on the basis of international law and United Nations Law of the Sea Convention, 1982.

Vinh confirmed that Viet Nam would make efforts with ASEAN countries to further promote ASEAN-China relations, including the effective implementation of the Action Plan 2011-2015, and the Declaration on the Conduct of Parties for peace, development co-operation and confidence building in the region. — VNS

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