More cooperation in infrastructure construction, tourism, air transportation, anti-corruption, environment protection and other areas between the two sides should also be conducted.
Chinese Foreign Minister Wang Yi (6th L) attends the signing ceremony of the amended version of the Memorandum
of Understanding on Establishing China-ASEAN Center in Manila, the Philippines, Aug. 6, 2017. (Xinhua/Rouelle Umali)
The foreign ministers of the Association of Southeastern Asian Nations (ASEAN) agreed on Sunday that continued economic growth in China would benefit ASEAN members and the bloc anticipates a higher level of strategic partnership with China.
CHINA-ASEAN PRAGMATIC COOPERATION WINS APPROVAL
In a joint communique issued here on Sunday, the ASEAN foreign ministers commended China's growing role in the region and expressed expectations for more high-level dialogue and higher level of economic integration.
They welcomed the entry into force of the Protocol to Amend the Framework Agreement on Comprehensive Economic Cooperation and Certain Agreements between ASEAN and China (ACFTA Upgrade Protocol) and looked forward to early ratification of the protocol by the remaining parties.
"This will help support the twin goals to reach a two-way trade and investment of 1 trillion U.S. dollars and 150 billion U.S. dollars respectively by 2020," said the communique.
The year 2018 marks the 15th anniversary of the establishment of the China-ASEAN strategic partnership and the ministers expect to designate 2018 as the ASEAN-China Year of Innovation Cooperation, and formulate a 2030 Vision for China-ASEAN Strategic Partnership as a blueprint to guide future relations.
More cooperation in infrastructure construction, tourism, air transportation, anti-corruption, environment protection and other areas between the two sides should also be conducted.
These protocols coincide with the remarks of Chinese Foreign Minister Wang Yi when he was interviewed by media. Wang said China and ASEAN are facing new opportunities for greater development, and that the China-ASEAN strategic partnership has stepped into a new phase of comprehensive development.
China and the ASEAN nations are close to each other geographically and share a long time of friendship. During the past 50 years, the two sides have harvested tremendous results in cooperation in many areas including two-way trade, said the joint communique.
China has become ASEAN's biggest trade partner, and the ASEAN countries look forward to participating in China's Belt and Road Initiative to further expand the scope and dimension for bilateral cooperation.
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