Deputy PM Minh to attend CAEXPO, CABIS in China
(VOV) - Deputy Prime Minister and Foreign Minister Pham Binh Minh will attend the 11th China-ASEAN Exposition (CAEXPO) and China-ASEAN Business and Investment Summit (CABIS) in China’s Guangxi province from September 14-16.
The two events are annually held in Nanning City, Guangxi province by the ministries of commerce/trade & industry of China and the 10 ASEAN countries.
CAEXPO - one of the top ten China’s fairs – will attract more than 2,500 businesses from China and 10 ASEAN countries showcasing their products on 4,600 stands.
China is the biggest trade partner of ASEAN. For the first time this year organisers will invite Australia as their honorary guest with the aim of expanding the 10+1 cooperation mechanism between China and ASEAN and towards 10+6 under the framework of the Regional Comprehensive Economic Partnership (RCEP).
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Guangxi borders four northern provinces of Vietnam. In recent years, cooperation between Vietnam and Guangxi province has seen marked progress. Two-way trade turnover hit nearly US$12.7 billion last year, of which Vietnam’s exports reached more than US$1.3 billion, and its imports fetched US$11.4 billion.
Deputy PM Minh’s trip to the two events shows Vietnam’s consistent policy of attaching much importance to strengthening traditional friendship and comprehensive cooperation with China and maintaining exchange visits between the two countries’ leaders, as well as contributing to boosting ASEAN-China cooperation.