China, ASEAN Vow to Achieve Closer Ties Next Decade
   2013-10-10 10:54:06    CRIENGLISH.com      Web Editor: Guo Jing

Chinese Premier Li Keqiang (L), Brunei Sultan Hassanal Bolkiah (R) and Thai Prime Minister Yingluck Shinawatra attend a cake-cutting ceremony to mark the 10th anniversary of China-ASEAN strategic partnership before the 16th China-ASEAN leaders' meeting in Bandar Seri Begawan, Brunei, Oct. 9, 2013. [Photo: Xinhua/Liu Weibing]


 

This year's ASEAN summit has come to an end in Brunei.

Leaders from the 10 members of the Association of Southeast Asian Nations have wrapped up the meeting with a promise to strengthen existing bonds of solidarity and cooperation within the region.

The bloc has also reaffirmed its commitment to maintaining regional peace, security and prosperity.

The summit has also issued a call for more work toward a future development plan for ASEAN, as the current one expires in 2015.

China and ASEAN are vowing to try to achieve closer ties through the next decade.

The pledge has been made in a joint-statement following a China-ASEAN leaders' meeting in Brunei.

CRI's Li Jing has more.

Addressing the meeting, Chinese Premier Li Keqiang has issued a new policy declaration for the new Chinese leadership for China-ASEAN ties over the next 10 years.

Li Keqiang says his government views ASEAN as a priority, both sides should be seizing opportunities to push forward cooperation.

The Premier has put forward a seven-point proposal on promoting cooperation in various fields, stressing the importance of consolidating political trust.

The South China Sea was one of the main topics at the summit.

Li Keqiang contends the situation in the South China Sea is generally stable.

He says existing disputes there will not and should not undermine the overall bilateral relationship between China and ASEAN.

"We all agree that disputes in the South China Sea should be addressed through consultation and negotiation between parties directly concerned."

The Premier is also promising Beijing will continue consultations with Southeast Asian nations on formulating a code of conduct in the South China Sea.

In the economic front, Li Keqiang suggests China and ASEAN should broaden the scale and scope of currency swap agreements.

He's also calling for an upgrade to the existing China-ASEAN Free Trade Area.

Le Luong Minh is the current secretary-general of ASEAN.

"China and ASEAN have been experiencing friendly and close relations. That's why China and ASEAN have established a strategic partnership. And China was the first country to cede to the Treaty on Amity and Cooperation, and China has proposed the conclusion of a treaty of good-neighborness, amity and cooperation between ASEAN and China, the idea is well received and will be studied by ASEAN."

As part of the meeting, the two sides have released a joint statement to mark the 10th anniversary of the establishment of the China-ASEAN strategic partnership.

The two sides have also promised to scale up two-way trade to 500-billion U.S. dollars by 2015, and one trillion U.S. dollars by 2020.

China is now ASEAN's biggest trading partner.

Two-way trade volume has already exceeded 400 billion dollars.

This is 5-times what it was ten years ago.

Mutual investment currently totals over 100 billion dollars, three times that of ten years ago.

For CRI, I'm Li Jing.

Related:

Premier Li Says China, ASEAN Should Build Consensus

China Ready to Continue Talks on South China Sea COC: Li

Chinese Premier Stresses Friendship with Myanmar

Experts' Interpretation of China-ASEAN Relations

China, ASEAN Vow to Achieve Bigger in Ties in Next Decade

China, ASEAN Agree to Enhance Political, Security Coop

China, ASEAN Aim to Boost Trade to 1 Tln USD by 2020

ASEAN, China Vow to Maintain Peace, Stability in South China Sea

ASEAN Calls for Deeper Economic Integration to Build Economic Community

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