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Chinese, Indonesian leaders meet on G20 sidelines for cooperation

0 CommentsPrint E-mail Xinhua, June 27, 2010
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China would join hands with ASEAN in maintaining and building the China-ASEAN Free Trade Area (CAFTA), enhance the China-ASEAN cooperation in infrastructure and financial fields and expand humanitarian exchanges, Hu said.

 


Chinese President Hu Jintao (3rd R) meets with Indonesian President Susilo Bambang Yudhoyono (3rd L) in Toronto, Canada, on June 26, 2010. (Xinhua/Ma Zhancheng)



Susilo said the Chinese-Indonesian strategic partnership was developing well with closer political, economic and security cooperation.

Indonesia sincerely hoped to strengthen cooperation with China to enhance the bilateral relations and safeguard the common interests of developing countries, Susilo said.

Indonesia was willing to maintain high-level contacts and welcomed Chinese enterprises to invest in infrastructure and tourism, he said.

Both China and ASEAN should guarantee the implementation of the CAFTA, Susilo said, adding that Indonesia hoped China could keep its important role in G20 to contribute to the Asian and global economic growth.

Relations between China and Indonesia have grown substantially since the two countries set up diplomatic ties 60 years ago.

In 2005, the two countries signed a joint declaration on the establishment of a strategic partnership.

In 2006, China and Indonesia launched a dialogue mechanism at the vice-premier level.

Trade cooperation between the two countries has also expanded in recent years.

In 2009, two-way trade was valued at 28.3 billion U.S. dollars. And in the first three months of this year, bilateral trade stood at 8.8 billion dollars, a 78 percent increase over the corresponding period of last year.

 

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