Showing posts with label increases intra. Show all posts
Showing posts with label increases intra. Show all posts

Saturday, December 11, 2010

ASEAN increases intra- and extra-bloc investment, trade

ASEAN increases intra- and extra-bloc investment, trade

The ASEAN Business and Investment Summit (ASEAN-BIS) will take place in
Hanoi from October 26-28 on the them of “Toward ASEAN Community: From
Vision to Action”.


The event is expected to draw between 800 and
1000 delegates, including government officials, policy makers,
economists, business leaders, from ASEAN countries and others around the
world.


ASEAN-BIS is an activity on the sidelines of the ASEAN
Summit and will be organised by the ASEAN Business Advisory Council
(ASEAN-BAC), ASEAN-BAC Chairman Doan Duy Khuong said at a press briefing
in Hanoi on September 27.


The event aims to build ASEAN
into an open, dynamic and prosperous community and is a dialogue forum
for the public and private sectors to propose measures on facilitating
and promoting ASEAN economic initiatives, he added.


Within the
ASEAN-BIS framework, a series of dialogues with the region’s strategic
partners, such as Australia , New Zealand , China , India , Japan ,
the Republic of Korea and Russia , will be held for the first time
under Vietnam ’s initiative.


The dialogues mark an important
period in the process of maintaining and promoting long-term,
sustainable cooperation between ASEAN and the strategic partners, Khuong
said.


In addition, the summit will hold the 2010 ASEAN Business
Award to honour businesses making contributions to the region’s economic
development.


Launching in Bali , Indonesia , in 2003, the
annual ASEAN-BIS has become one of the most prestigious and effective
forum in the region and a venue for sharing useful information for
regional and international enterprises./.

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