Vietnam, China launch new border crossing to enhance trade
The Ly Van (Vietnam) – Shuo Long (China) Border Gate will create breakthroughs in trade exchange between the two countries, contributing to the socio-economic development on both sides while building a border line of friendship, prosperity and happiness.
Leaders of Cao Bang province and Ha Lang district, along with representatives of Daxin county (China), press the button to inaugurate the Ly Van – Shuo Long border gate. (Photo: VNA)
Cao Bang (VNA) – The Ly Van (Vietnam) – Shuo Long (China) Border Gate was inaugurated on February 27, enhancing trade connections between the northern mountainous province of Cao Bang and China’s the Guangxi Zhuang Autonomous Region.
The ceremony was jointly organised by the People’s Committee of Cao Bang province's Ha Lang district and China’s Daxin administration.
Over the past years, the friendship exchange and comprehensive cooperation between Cao Bang and the Chinese autonomous region have been strengthened by common perceptions reached by the high-ranking leaders of the two Parties and States regarding “building the Vietnam-China community with a shared future that carries strategic significance.”
Secretary of the Ha Lang district Party Committee Vu Khac Quang affirmed that the Ly Van – Shuo Long crossing represents the most convenient gateway connecting major tourist destinations of the two localities, adding existing infrastructure and flexible support policies give the facility substantial potential within the border checkpoint system linking Cao Bang and Guangxi.
He expressed his hope that the new border crossing will create breakthroughs in trade exchange between the two countries, contributing to the socio-economic development on both sides while building a border line of friendship, prosperity and happiness.
The opening of the border gate addresses urgent development needs of both localities and establishes a foundation for coordinated infrastructure planning, helping improve the quality of investment attraction, facilitate research for rational mech🅰anisms, and create favourable conditions for trade, tourism, and people-to-people exchanges, among others./.
More than 300,000 tonnes of goods were traded through the crossing points of the Mong Cai International Border Gate as of late February, a 56.4% increase year-on-year. Export value accounted for 424 million USD, while imports totaled more than 200 million USD.
This marks the first time this year that tourists and border residents can conduct entry and exit activities through the border gate pair of Hoanh Mo (Vietnam) – Dongzhong (China).
The total trade of goods through the Kim Thanh International Road Border Gate No. 2 in the northern mountainous province of Lao Cai had exceeded 1.6 million USD as of 2 p.m. on January 1, of which nearly 929,000 USD came from exports.
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