The 6th Foreign Ministerial Meeting of the Forum for East Asia–LatinAmerica Cooperation (FEALAC) opened in Bali, Indonesia on June13.
Co-chaired by the host country and Columbia,the two-day meeting witnessed the participation of two deputy primeministers, 15 foreign ministers, two deputy foreign ministers, sevenhigh-ranking officials from the member countries, and ASEAN SecretaryGeneral Le Luong Minh.
The Vietnamese delegation is led by Deputy Foreign Minister Ha Kim Ngoc.
The meeting focuses on ways to raise cooperation for mutual benefitbetween the two regions in trade and investment, tourism, biodiversityresearch, foodstuff and the aviation industry.
Theevent is a great opportunity for FEALAC member countries to boostmutual cooperation and reap practical benefits from the cooperation,said Director General for American and European Affairs under theIndonesian Ministry of Foreign Affairs Dian Triansyah Djani. He notedthat trade between the two regions accounts for 30 percent of globaltrade, and they are forecast to contribute 66 percent of global economicgrowth this year.
East Asia and LatinAmerica are home to 40 percent of the global population and togetherthey produce 34 percent of the world’s Gross Domestic Products (GDP).
Latin America has strength in grain production and East Asia in rice production.
FEALAC economies have achieved fast and stable growth over the last years with an average increase of 5 percent.
Founded in 1999, FEALAC brings together 36 countries and acts asan official forum to connect the two regions. More than 200 projects andinitiatives have been implemented during the 14-year existence of theforum’s cooperation framework.-VNA
Co-chaired by the host country and Columbia,the two-day meeting witnessed the participation of two deputy primeministers, 15 foreign ministers, two deputy foreign ministers, sevenhigh-ranking officials from the member countries, and ASEAN SecretaryGeneral Le Luong Minh.
The Vietnamese delegation is led by Deputy Foreign Minister Ha Kim Ngoc.
The meeting focuses on ways to raise cooperation for mutual benefitbetween the two regions in trade and investment, tourism, biodiversityresearch, foodstuff and the aviation industry.
Theevent is a great opportunity for FEALAC member countries to boostmutual cooperation and reap practical benefits from the cooperation,said Director General for American and European Affairs under theIndonesian Ministry of Foreign Affairs Dian Triansyah Djani. He notedthat trade between the two regions accounts for 30 percent of globaltrade, and they are forecast to contribute 66 percent of global economicgrowth this year.
East Asia and LatinAmerica are home to 40 percent of the global population and togetherthey produce 34 percent of the world’s Gross Domestic Products (GDP).
Latin America has strength in grain production and East Asia in rice production.
FEALAC economies have achieved fast and stable growth over the last years with an average increase of 5 percent.
Founded in 1999, FEALAC brings together 36 countries and acts asan official forum to connect the two regions. More than 200 projects andinitiatives have been implemented during the 14-year existence of theforum’s cooperation framework.-VNA
