Mining in Chile forum of CHINA MINING 2013 held
Source: www.mlr.gov.cn Citation: www.gtzyb.com Date: Nov. 5, 2013
On Nov.2nd, Mining in Chile Forum of CHINA MINING 2013 was held. The mining administrative department, mining enterprises and representatives of the mining industry from China and Chile were present. Relevant personnel of Chile Embassy in China, the Committee on Foreign Investment in Chile, Department of International Cooperation & Science and Technology, the Ministry of Land and Resources attended the forum and made the speech.
Bai Xingbi, Vice Director of International Cooperation & Science and Technology Department, the Ministry of Land and Resources, said that both China and Chile were important mineral resources countries, and mineral resources cooperation were highly complementary. China and Chile were important trade partners. In recent 10 years, Chile had grown by an average of 28.5% on exports to China, including copper, molybdenum, iron and other minerals, Because of the active investment, it had formed a number of important mining investment projects, especially Minmetals Group, Tongling Nonferrous, Mining Bureau and enterprises in Jiangxi Province who had successfully carried out the mineral exploration and development investment in Chile, realizing a win-win development in harmony with the local community. Bai Xingbi said the rich mineral resources and good mining investment attract Chinese enterprises to invest. Promoting cooperation would benefit the economic development of both countries. Based on existing cooperation, we should expand the mineral resources research, share mining information and construct geological information database to encourage bilateral trade and investment policy and constantly raise the level of mining cooperation.
Jin Long, Chile embassy counselor, said that Chile was an open country and had signed free trade agreement with 59 countries. In foreign trade, China is Chile`s important trading partners. In 2012, Chile exported 345 kinds of products, and the world’s exports to China were more than 4800 kinds of products exports which meant that Chile and China`s trade had a lot of opportunities. Chile was the Latin American region`s mining center. Among the world`s most important 15 copper companies, 11 ones were set up in Chile. Chile was the world`s largest copper producer. The annual output in 2012 was 8.4 million tons of copper, and Chile`s copper reserves accounted for 28% of the world.
"If you ask me What are the advantages of investment in Chile? My answer was that we had a stable legal security system, equal and no discrimination of preferential policies." Jin Long said. (Ding Quanli) (Translated by TLRHVC)
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