ASEAN seminar focuses on geology, mineral resources

(VOV) -More than 300 delegates are gathering for the first ASEAN international conference on geology and natural resources (GeoASEAN 1) in Vietnam’s Ba Ria-Vung Tau province on May 13-14.

The participants come from ASEAN members and a number of countries with strong mining industries such as China, Japan, the Republic of Korea, Australia, India, Switzerland and South Africa.

They will share experiences and discuss ways to explore mineral resources to boost sustainable socio-economic development and reduce negative environmental impacts.

Representatives from the Vietnamese Ministry of Natural Resources and Environment (MONRE) and Ministry of Industry and Trade (MoIT) introduced the nation’s polices and laws, as well as its development strategy for the mining industry.

Foreign delegates presented reports outlining opportunities and challenges for Vietnam’s titanium industry.

They also introduced modern technology for titanium exploration and processing that can be applied in Southeast Asian countries.

GeoASEAN 1 was held within the framework of the ASEAN Mineral Cooperation Action Plan (AMCAP) for the 2011- 2015 period, which was approved at the third ASEAN Ministerial Meeting on Minerals (AMMin3) that took place in Hanoi in December 2011.

The event aims to promote international cooperation and development, and create investment opportunities in the ASEAN community mining sector.

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