Vice President U Myint Swe delivers speech at opening ceremony of 15th CAEXPO, CABIS

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Vice President U Myint Swe visits 15th CAEXP, CABIS in China. Photo: MNA

Vice President of U Myint Swe attended the 15th CHINA – ASEAN EXPO (CAEXPO) and CHINA-ASEAN BUSINESS and INVESTMENT SUMMIT(CABIS) held at the Nanning International Convention and Exhibition Centre — Guangxi, China, yesterday morning.
Present at the opening ceremony were Mr. Han Zheng, a member of the Politburo Standing Committee of the Communist Party of China and Vice-Premier, leaders of delegations from ASEAN countries, Union Minister for Commerce Dr. Than Myint, Myanmar Ambassador to China U Thit Lin Ohn, Director-General from the Ministry of Commerce U AungSoe, Myanmar Consul-General in Nanning U SoeThet Naung and officials, high-ranking officials from China and ASEAN countries and businessmen.
At the opening ceremony, Mr. Han Zheng, a member of the Politburo Standing Committee of the Communist Party of China and Vice-Premier delivered the opening speech followed by speeches made by leaders of delegations from the ASEAN countries.

In his speech, Vice President U Myint Swe said that first and foremost, he was obliged to the Government of the Republic of China, officials from the Guangxi autonomous region and organizers of the 15th CHINA – ASEAN EXPO (CAEXPO) and CHINA-ASEAN BUSINESS & INVESTMENT SUMMIT (CABIS) for their invitation and warm hospitality. As for China, China-ASEAN Expo is being held every year in Nanning; he was pleased to see the remarkable results from that expo, and believes that it would retain its significant place and further strengthen the ASEAN-China Strategic Partnership through trade, investment, tourism and connectivity among people. China is ASEAN’s longest partner and the year 2018 is a significant year because it marks the15th year anniversary of ASEAN-China Strategic Partnership. He thanked China for supporting ASEAN community building and strengthening in keeping the ASEAN integration process through the implementation of three schemes for the Master Plan on ASEAN Connectivity 2025. China also stands for 8 consecutive years as the largest trading partner of ASEAN, and trade volume between China and ASEAN countries has reached 17.1 per cent as of total trade volume of ASEAN countries in 2017. Moreover it was found that China has remained the third largest source of foreign direct investment of ASEAN nations.

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Vice President U Myint Swe observes the opening ceremony of the 15th CAEXPO, CABIS yesterday. Photo: MNA

It was needed to keep the momentum going forward, and as for us to double our efforts so as to elevate bilateral trade between China and ASEAN countries to 1 trillion U.S dollars and to reach an investment volume to 150 billion U.S dollars by 2020.
Moreover the year 2018 has been designated as ASEAN-China Year of Innovation (YOI). With the theme of “Jointly Building the 21st Century Maritime Silk Road, Forging the China-ASEAN Community of Innovation,” this year’s expo will feature a host of exhibitions, forums and exchange programs, aimed at lifting the friendly cooperation between China and ASEAN to a new level. We welcome the schemes and on-going process of ASEAN-China Year of Innovation (YOI), and to implement the joint declaration on “Science, technology and innovation” at the ASEAN-China summit made by China which will be held in November 2018.
We are in need of striving to make renovation and making the best use of opportunities utilizing trading, digital economy, technology and fourth industrial revolution. At the same time, we should find ways to promote the ASEAN-China Strategic Partnership aiming to cooperate with the new fields including science, digital and technological advancement. We can promote trading and investment through cooperation among the people. Myanmar and China has shared the longest border areas and we also know the importance of “The Belt and Road Programme” and attended the Belt and Road Forum for International Cooperation that was held in May 2017. In order to succeed in this programme, it is of great importance to maintain great relationship and peaceful environment between the countries. We are also much obliged to China for assisting to implement the schemes for the Master Plan on ASEAN Connectivity 2025, including the Asian Infrastructure Investment Bank (AIIB) and the Maritime Silk Road Bank that can enhance the maritime trade network, ports, harbours, shipping and basic infrastructure. As for Myanmar and China, cooperation is being made to construct the strategic and comprehensive Kyaukpyu deep sea port project. China is assisting Myanmar’s peace process and national reconciliation programme, and we are going to maintain good relationships. We pledged to maintain the ASEAN-China the ASEAN-China Strategic Partnership and provide support to build the 21st century Maritime Silk Road. The Vice President U MyintSwe concluded his speech by pledging to cooperate closely between ASEAN countries and China.
Following this, after leaders of delegations from ASEAN countries have delivered their speeches the 15th CHINA – ASEAN EXPO (CAEXPO) and CHINA-ASEAN BUSINESS & INVESTMENT SUMMIT(CABIS) were formally declared to be open. Then Vice President U Myint Swe and party went to the exhibition booth where the Myanmar National booth was displayed and saw the performance of Kayin National Dance. In the afternoon, Vice President U Myint Swe met with media personnel from news agencies and answered questions regarding bilateral relation, economy and trade. Afterwards, Vice President U Myint Swe and party visited the China-ASEAN information Harbour. Later in the evening, they went to Myanmar Consulate General inNanning, China, and met with embassy staff and their family members.

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