FEALAC helps East Asia, Latin America get closer

Since its establishment in 1999, the Forum for East Asia-Latin America Cooperation (FEALAC) has helped countries in the two regions get closer to each other, Vietnamese Deputy PM cum FM Pham Gia Khiem said.
Since its establishment in 1999, the Forum for East Asia-Latin America Cooperation (FEALAC) has helped countries in the two regions get closer to each other, Vietnamese Deputy Prime Minster cum Foreign Minister Pham Gia Khiem has said.

Stressing the challenges that FEALAC members are facing, including impacts of the financial crisis, climate change, food crisis, epidemics and poverty, Khiem called on the forum’s members to continue working together for development.

Addressing the fourth FEALAC Foreign Ministers Meeting in Tokyo, on Jan. 16, Khiem said FEALAC should ensure its budget for the implementation of cooperative programmes and projects.

East Asia and Latin America are dynamic development regions with cooperation demand and potential, he said. This will serve as foundation for boosting FEALAC development, making the forum effective and practical to meet the desire and interest of all the member countries, Khiem added.

On the sidelines of the meeting, Deputy PM and FM Pham Gia Khiem received Argentinean FM Jorge Taiana, during which he asked the Latin American country to soon recognise Vietnam as a market economy.

Vietnam and Argentina have recently witnessed developments in bilateral cooperation, especially in trade and economy, Khiem said.

In the first ten months of 2009, bilateral trade value reached 600 million USD, compared to the 400 million USD figure for the whole 2008, he said.

Khiem also welcomed Argentina IMPSA group’s investment of 2 million USD in wind power production in Vietnam.

Minister Taiana said the two countries should continue to increase bilateral cooperation through visits by both leadership, expressing his hope that Prime Minister Nguyen Tan Dung will visit Argentina this year.

The two-day FEALAC FMs meeting, which are attended by FMs and senior officials from 33 member countries, including 13 from Asia, two from Oceania and 18 from Latin-America, discusses issues relating to environment, sustainable development, the global economic-financial crisis and future vision for FEALAC development.

In his opening speech, Japan’s Prime Minister Yukio Hatoyama asked delegates to discuss FEALAC future vision and development roadmap for the next 10 years.

He also requested discussions on cooperation in coping with climate change./.

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