State President Nguyen Minh Triet has described ASEAN as an indispensable partner of countries and organizations in the region and the world as a whole.
Triet was one of only five speakers at a two-day Summit of Asia-Pacific Economic Cooperation Forum (APEC) Chief Executive Officers (APEC CEO Summit-2010), which opened in Yokohama city of Japan on November 12.
He said before 500 CEOs of corporations from 21 APEC member economies that the Association of Southeast Asian Nations (ASEAN) has emerged as an integral political-economic bloc and a successful and dynamic organization, making it an indispensable partner of nations as well as regional and international organizations.
The road for ASEAN growth has stepped up the Asian-Pacific alliance, said the State President of Vietnam, which holds the ASEAN presidency in 2010, emphasizing that ASEAN has acted with momentum to speed up trade and investment liberation in Asia and the Pacific.
He recalled some landmark time frameworks, including 1992, when ASEAN decided to establish an ASEAN Free Trade Area; this was also the time APEC approved the Bogor targets, and 2003, when ASEAN agreed to build an ASEAN Economic Community was also the time an idea to build an Asia-Pacific Free Trade Area sparked.
A series of commitments to key joint economic programmes for an ASEAN Economic Community as well as an initiative on ASEAN alliance have gradually been translated into reality, developing an over 600 million-strong market into an economic metropolis of the region.
ASEAN has also established a network of an ASEAN Free Trade Area plus one, with China , Japan , the Republic of Korea , India , Australia and New Zealand .
Relations between ASEAN and other major partners such as the US, Russia, the EU, Canada and members of the East Asia-Latin American Cooperation Forum have also constantly been deepened.
2010 was a turning point in the ASEAN-plus one framework as the grouping signed a series of free trade agreements with partners. The 17th ASEAN Summit which recently ended in Hanoi passed an overall plan on ASEAN connectivity, calling for strong connectivity in terms of infrastructure, policies and people within the bloc as well as with the entire East Asia.
In order to cope with threats of slowdown, inequality and an at-risk rally of the global economy, Triet called on leading economic groups to be in the vanguard of helping member economies, especially developing ones, to build green, sustainable and knowledge-based economies.
This should be done through transfer of technology, establishing new production methods that save energy and natural resources and are friendly to the environment, said the Vietnamese leader.
He also called on regional giants to work with ASEAN in speeding up the roadmap towards an ASEAN Community by 2015.
In regards to Vietnam ’s development, Triet pointed to the nation’s economic growth average of between 7 and 8 percent in each of the past 25 years while its foreign trade revenues increased between 15 and 20 percent.
He attributed these achievements partially to the country’s great efforts for regional and global integration, citing programmes of cooperation between Mekong-ASEAN, ASEAN and partners, the East Asia Summit, APEC, Asia-Europe Meeting (ASEM) and the World Trade Organisation (WTO).
The State President expressed a wish that regional economic groups would promote cooperation with and assistance for Vietnam in three major areas, namely infrastructure, human resource development and institutional reforms.
He reiterated the State’s commitment to generating all favourable available conditions for foreign businesses and investors to become successful in Vietnam .
Triet took this opportunity to announce Vietnam’s decision to join negotiations on an agreement on Trans-Pacific strategic economic Partnership (TPP) as a full member.
Vietnam is prepared to kick off negotiations on a Free Trade Agreement with EU, concluded the State President./.
Triet was one of only five speakers at a two-day Summit of Asia-Pacific Economic Cooperation Forum (APEC) Chief Executive Officers (APEC CEO Summit-2010), which opened in Yokohama city of Japan on November 12.
He said before 500 CEOs of corporations from 21 APEC member economies that the Association of Southeast Asian Nations (ASEAN) has emerged as an integral political-economic bloc and a successful and dynamic organization, making it an indispensable partner of nations as well as regional and international organizations.
The road for ASEAN growth has stepped up the Asian-Pacific alliance, said the State President of Vietnam, which holds the ASEAN presidency in 2010, emphasizing that ASEAN has acted with momentum to speed up trade and investment liberation in Asia and the Pacific.
He recalled some landmark time frameworks, including 1992, when ASEAN decided to establish an ASEAN Free Trade Area; this was also the time APEC approved the Bogor targets, and 2003, when ASEAN agreed to build an ASEAN Economic Community was also the time an idea to build an Asia-Pacific Free Trade Area sparked.
A series of commitments to key joint economic programmes for an ASEAN Economic Community as well as an initiative on ASEAN alliance have gradually been translated into reality, developing an over 600 million-strong market into an economic metropolis of the region.
ASEAN has also established a network of an ASEAN Free Trade Area plus one, with China , Japan , the Republic of Korea , India , Australia and New Zealand .
Relations between ASEAN and other major partners such as the US, Russia, the EU, Canada and members of the East Asia-Latin American Cooperation Forum have also constantly been deepened.
2010 was a turning point in the ASEAN-plus one framework as the grouping signed a series of free trade agreements with partners. The 17th ASEAN Summit which recently ended in Hanoi passed an overall plan on ASEAN connectivity, calling for strong connectivity in terms of infrastructure, policies and people within the bloc as well as with the entire East Asia.
In order to cope with threats of slowdown, inequality and an at-risk rally of the global economy, Triet called on leading economic groups to be in the vanguard of helping member economies, especially developing ones, to build green, sustainable and knowledge-based economies.
This should be done through transfer of technology, establishing new production methods that save energy and natural resources and are friendly to the environment, said the Vietnamese leader.
He also called on regional giants to work with ASEAN in speeding up the roadmap towards an ASEAN Community by 2015.
In regards to Vietnam ’s development, Triet pointed to the nation’s economic growth average of between 7 and 8 percent in each of the past 25 years while its foreign trade revenues increased between 15 and 20 percent.
He attributed these achievements partially to the country’s great efforts for regional and global integration, citing programmes of cooperation between Mekong-ASEAN, ASEAN and partners, the East Asia Summit, APEC, Asia-Europe Meeting (ASEM) and the World Trade Organisation (WTO).
The State President expressed a wish that regional economic groups would promote cooperation with and assistance for Vietnam in three major areas, namely infrastructure, human resource development and institutional reforms.
He reiterated the State’s commitment to generating all favourable available conditions for foreign businesses and investors to become successful in Vietnam .
Triet took this opportunity to announce Vietnam’s decision to join negotiations on an agreement on Trans-Pacific strategic economic Partnership (TPP) as a full member.
Vietnam is prepared to kick off negotiations on a Free Trade Agreement with EU, concluded the State President./.
