China Willing To Expand Reciprocal Cooperation With Myanmar

NANNING, Oct 19 (Bernama) -- Chinese Vice President Zeng Qinghong said that China will continue its friendly policy towards Myanmar and enforce reciprocal cooperation with Myanmar, XINHUA News Agency reported Wednesday.

In a meeting with Myanmar's Prime Minister Soe Win, Zeng said China and Myanmar are friendly neighbours and the relationship between them has kept moving forward despite the volatile changes of international situations and various challenges.

The vice president also said that China will continue to support Myanmar's efforts in maintaining political stability and national reconciliation.

"China and Myanmar enjoy great potential for further cooperation," Zeng said, adding that the two countries should make joint efforts in pushing forward the bilateral cooperation in electric power, telecommunication and mine resources.

"The Chinese government supports Chinese companies to invest in Myanmar," he said.

Soe Win said the Myanmar government and people appreciates China's long-time support and help.

He said his government believes that the Myanmar-China friendship, which was cultivated by the older-generation leaders of both countries, will be further consolidated in the new era.

Myanmar hopes to expand trade cooperation with China, especially in the fields of railway, hydro electricity and construction of chemical fertilizer plant, Soe Win said.

After the meeting, Zeng and Soe Win attended a signing ceremony of a framework agreement, in which the Chinese government promises to provide loans to Myanmar with preferential conditions.

-- BERNAMA

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