The 11th Business Summit China-Latin America and Caribbean (China-LAC) was inaugurated today at the Convention Center of this Uruguayan city with the attendance of 2500 business people, 700 of them from the Asian nation.
In his inaugural speech president of Uruguay, Tabare Vazquez, welcomed the thousands of participants to the forum, considered an important bridge to deepen business, commercial and economic relations between both regions.
The president stressed that the meeting has a special condition for being the first meeting between the parts after ending the 19th Congress of the China Communist Party, where it was announced that a new era started for that nation and its relations with Latin America.
Vazquez also said it is the first meeting after the White Book on relations with Latin America and the Caribbean was published, which ‘constitutes an ambitious program for the articulation of common interests’.
We value the confidence deposited in Uruguay as country venue of this Business Summit, said the president, and reaffirmed his work commitment for the meeting to achieve results for all.
Vazquez recalled that on September, 1986, started the Uruguay Round of the General Agreement on Trade and Tariffs (GATT), probably the largest business negotiation process of all times.
Thirty-two years after, he referred, China is today a referent of world trade and motor of the global economic growth.
Vazquez stressed that China-LAC can prepare the way for the ministerial meeting of the Forum of the Community of Latin American and Caribbean States (Celac)-China to take place in Chile, where he said ‘We aspire to agree on a joint plan of action of cooperation’.
He expressed that interesting Chinese proposals had already been received with bold and transforming ideas such as the promotion of a free trade zone between Celac and that Asian country, intensify financial cooperation and strengthen the joint construction of infrastructure, vital for the region’s development.
At his turn, Vice president of the Chinese Council to Promote International Trade, Chen Zhou indicated his country has assumed its responsibility as second world economy and will intensify the unity and collaboration with the region’s countries.
The high official assured the Asian nation will follow its role as great responsible of promoting governance worldwide and affirmed it is willing to strengthen political synergy, as well as in the trade and economic sectors.