APEC 2017 affirms Vietnam’s position and capacity

The year 2017 sees the second time Vietnam has played host to the Asia-Pacific Economic Cooperation (APEC) forum after 19 years of being a member of the forum.
APEC 2017 affirms Vietnam’s position and capacity ảnh 1Illustrative photo (Source: Internet)
 
Hanoi (VNA) – The year 2017 sees thesecond time Vietnam has played host to the Asia-Pacific Economic Cooperation(APEC) forum after 19 years of being a member of the forum.

This demonstrates high trust the internationalcommunity has given to Vietnam and features the country’s strategic vision onthe future of the Asian-Pacific region, according to President Tran Dai Quang.

Internationaltrust
In 1988, Vietnam officially became an APECmember. After seven years of joining APEC, the country successfully hosted theforum for the first time in 2006, which was recognised by APEC member economiesand international friends.

At the 21st APEC Economic Leaders’Meeting in Indonesia in October 2013, APEC member economies agreed to supportVietnam to host the forum for the second time in 2017. 

With the increasing position and capacity afternearly 30 years of pursuing “Doi moi” (reform), the organisation of the 2017 forumhas reaffirmed Vietnam’s strategic vision on the future of the Asian-Pacificregion and her desire to join efforts to expand and deepen cooperation betweenAPEC member economies while maintaining the Asia-Pacific’s role as a driver ofglobal growth and connectivity.

Greatexpectations
In its second hosting, Vietnam expects to makepractical contributions to the development of APEC and effective cooperation.Given challenges, APEC needs to seek new momentum for sustainable growth anddeeper connectivity. The crucial thing is to realise the Bogor goals on tradeand investment liberalisation by 2020.

According to the Ministry of Foreign Affairs,Vietnam hopes the outcomes of the APEC Year 2017 will contribute to increasingthe position of APEC as a leading economic cooperation forum that pioneers inexpanding and deepening regional connectivity and promoting peace, stability,cooperation and development in Asia-Pacific and around the world. 

Through the host of APEC 2017, Vietnam alsolooks to enhance friendship and deepen partnership with other member economies.Vietnamese businesses have more opportunities to establish ties with theworld’s leading partners.

Mainpriorities

At the 24th APEC Economic Leaders’Meeting in Peru in November 2016, President Tran Dai Quang announced the themeof the APEC Year 2017, which is “Creating New Dynamism, Fostering a SharedFuture”. This proposal received warm support from all member economies,business communities, and regional senior experts.

The theme reflects the common concern of APECmember economies on seeking “new dynamism” for integration, connectivity, andeconomic growth. It also demonstrates the long-term goals of APEC andAsia-Pacific of “fostering a shared future” of peace, stability, developmentand prosperity.

Vietnam proposed four main priorities, includingpromoting sustainable, innovative and inclusive growth; deepening regionaleconomic integration; strengthening competitiveness and innovation for micro,small-and medium-sized enterprises (MSMEs) in the digital age; and enhancingfood security and sustainable agriculture in response to climate change.

These priorities aim to resume regional growthand connectivity, contributing to the fulfillment of the Bogor goals and theimplementation of the United Nations Agenda on sustainable development through2030.-VNA
VNA

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