ASEAN Summit 2023: China, Canada Strengthen Trade Ties
The 47th Asean Summit concluded in Malaysia on October 28, with significant developments in trade and regional cooperation. Chinese Premier Li Qiang and Canadian Prime Minister Mark Carney both visited, attending key meetings and signing agreements.
The summit, themed 'Inclusivity and Sustainability', attracted over 3,000 delegates and leaders from over 30 countries and international organizations. Premier Li's visit was his second to Malaysia this year, while Mark Carney's was his first since assuming office in March.
A key achievement was the signing of the upgraded Asean-China Free Trade Area 3.0 (ACFTA 3.0), set to boost economic ties between the two regions. Premier Li also reaffirmed China's commitment to strengthening regional trade relations at the 5th Regional Comprehensive Economic Partnership (RCEP) Leaders' Meeting.
During his visit, Mark Carney held a bilateral meeting with Malaysian Prime Minister Datuk Seri Anwar Ibrahim to strengthen economic and investment ties. He also attended the Asean Business and Investment Summit (ABIS) panel session.
Both Premier Li Qiang and Prime Minister Mark Carney concluded their visits after the summit's conclusion. Their participation has further solidified the region's commitment to cooperation and progress in trade and investment.
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