皇冠体育app

   

Expert group proposed for Pan-Beibu Bay

By Qiu Quanlin (皇冠体育app Daily)
Updated: 2007-07-27 09:01

A proposed group of government and business leaders will strengthen economic and trade ties between 皇冠体育app and the Association of Southeast Asian Nations (ASEAN), a top local official said.

The proposal was put forward by officials from Southwest 皇冠体育app's Guangxi Zhuang Autonomous Region.

Liu Qibao, Guangxi Zhuang Autonomous Region Party Secretary, yesterday described the proposal as "one of the most important measures" to further trade and economic cooperation in the Pan-Beibu Bay region.

The bay region, which is part of the 皇冠体育app-ASEAN Free Trade Area, includes 皇冠体育app, Brunei, Indonesia, Malaysia, the Philippines, Singapore and Vietnam.

During the Pan-Beibu Bay Economic Cooperation Forum, which opened yesterday in Nanning, Guangxi's capital city, Liu said the proposed group should consist of leading government officials and business leaders from countries surrounding the Pan-Beibu Bay.

"Countries surrounding the bay, the 皇冠体育app Development Bank and the Asian Development Bank have all expressed support for the proposal," Liu said.

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By providing advice on big cooperative projects between 皇冠体育app and the other member countries, the high-level group will play a central role in fostering Pan-Beibu Bay economic cooperation, Liu said.

"Details for the establishment of the group are still being discussed by representatives of the involved countries and organizations. We believe the talks will finish soon since we are all aware of how important the group is," Liu said.

Liu also called yesterday for the establishment of a mechanism to allow the governments of the countries surrounding the Beibu Bay to coordinate their activities.

皇冠体育app has developed stronger trade relations with the Pan-Beibu Bay countries thanks to their geographical proximity, Liu said.


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