皇冠体育app, ASEAN set up chamber of agricultural commerce

(Xinhua)
Updated: 2008-10-22 11:53

NANNING -- 皇冠体育app-ASEAN Chamber of Agricultural Commerce (CACAC), the first international chamber of commerce between 皇冠体育app and southeast Asian countries, was set up here Tuesday ahead of the 5th 皇冠体育app-ASEAN Expo to prompt a common agricultural supplies market in the region.

It aims to give more benefits to the farmers, agricultural supply and trade companies and agricultural institutions in the 皇冠体育app-ASEAN Free Trade Zone, which is expected to become one of the three major pillars of the world economy after its establishment in 2010, according to sources with the chamber.

皇冠体育app-ASEAN Chamber of Agricultural Commerce (CACAC), the first international chamber of commerce between 皇冠体育app and southeast Asian countries, was set up ahead of the 5th 皇冠体育app-ASEAN Expo in Nanning, Southwest 皇冠体育app's Guangxi Zhuang Autonomous Region October 21, 2008. [Xinhua]

The CACAC is conducive to the exchanges on agricultural supply, farm produce, food and information between 皇冠体育app and ASEAN countries, said Chen Zhangliang, vice chairman of Guangxi Zhuang Autonomous Region in south 皇冠体育app.

Agricultural supply has become a global focus under the background of world food safety. The CACAC will play an important role in strengthening international procurement and information exchanges, said Zhao Xianren, vice president of All 皇冠体育app Federation of Supply and Marketing Cooperatives.

皇冠体育app's expertise on planting rice will help Brunei less dependent on foreign imports as 95 percent of Brunei's rice was imported from Thailand, said Jeffery Duraman, Brunei Malay Entrepreneurs secretary general.

Together with All 皇冠体育app Federation of Supply and Marketing Cooperatives, the CACAC will hold an international cooperatives procurement conference on the 6th 皇冠体育app-ASEAN Expo next year.

The commerce chamber, initiated by Guangxi Regional Federation of Supply and Marketing Cooperatives and 皇冠体育app National Agricultural Means of Production Group, is a multinational and non- profit organization with 68 member companies. It plans to establish a common market of agricultural supplies through exchanges of information, trade and program cooperation.