China advocates practical cooperation between LatAm, East Asia

China's Special Representative for Latin American Issues Yin Hengmin voiced China's support to practical cooperation among the 36 member countries of the Forum for East Asia-Latin America Cooperation (FEALAC), said a press release from the Chinese delegation on Saturday.

Yin participated in the forum's 7th Foreign Ministers' Meeting in Costa Rica on Friday, which was also attended by the President of Costa Rica, Luis Guillermo Solis.

Yin said that the international community is experiencing deep and complex transformations, and that East Asia and Latin America are strengthening their will to collaborate at the mean time.

China has always attached great importance to FEALAC, offering its contribution to promote the Forum's development and the beneficial cooperation of both regions, said Yin.

He invited the participants to carry forward practical cooperation to increase investment in poverty reduction, improve disaster management, ameliorate treatment of diseases and protect the environment.

Yin was hopeful that the reforms would lead to more projects being carried out in two years before next meeting in South Korea, which would set a more solid base for the forum's future.

All members should promote practical coordination to create more favorable conditions for trade and investment, said Yin, adding that China supports the institutionalization of the FEALAC's Trade Forum and discussions about creating a special group of experts for trans-regional trade.

"Looking to the long term development of the forum, the Chinese side supports the elaboration of a New FEALAC Plan of Action in an effort to contribute to the strategic planning of the Forum's future," Yin said.