January 4, 2012
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Strategic energy cooperation urged to deepen bilateral trade through investment and joint ventures in petroleum and gas sectors.
Focus on investment and joint ventures to enhance bilateral trade and services and to elevate the buyer-seller relationship into strategic energy cooperation, with emphasis on participation in petroleum and gas sectors both upstream and downstream, and mutual investment in petroleum, gas-based industrial estates, fertilizers, petrochemical plants and refineries; principal trade items include petroleum, chemicals, machinery, rice, and metal ores.