Beijing government to encourage Chinese companies to invest in East Timor

19 October 2009

Beijing, China, 19 Oct – China’s Prime Minister, Wen Jiabao said Monday that the Chinese government would continue to help East Timor and encourage its companies to invest in the country.

The two countries may increase cooperation in the areas of trade, agriculture and natural resources, Wen Jiabao told his Timorese counterpart, Xanana Gusmão.

The meeting took place in Chengdu, southeast China, on the sidelines of an International Trade and Investment Fair that brought together several heads of state and government from the region, including Vietnam, Cambodia, Sri Lanka and East Timor.

According to a report from China’s official news agency, Wen Jiabao noted the development of bilateral relations since East Timor’s independence in 2002 and Gusmão showed appreciation for Beijing’s attitude, noting that infrastructures funded by China and the Chinese medical team, “have become an icon of friendship between the two countries.”

Before Chengdu, Gusmão visited Dalian, on the northern coast of China, where East Timor acquired two patrol ships.

As well as Zacarias da Costa, Gusmão delegation also included the Finance Minister, Emília Pires, and the secretary of state for Natural Resources, Alfredo Pires. (macauhub)