The APEC forum needs to hold aloft the flag of trade and investment liberalisation despite the fact that there remained scepticism about globalisation and protectionism has arisen in several member economies.
The APEC Committee on Trade and Investment (CTI) commenced meetings on May 13, as part of the second APEC Senior Officials’ Meeting (SOM 2) and related meetings in Hanoi.
Hosting APEC events in 2017 demonstrates the strategic diplomatic vision and growing stature of Vietnam, according to Deputy Prime Minister and Foreign Minister Pham Binh Minh.
The second Senior Officials’ Meeting (SOM2) and related meetings as part of the APEC Vietnam 2017 will take place in Hanoi from May 9-18, according to Foreign Ministry Spokesperson Le Thi Thu Hang.
APEC economies need to double their efforts to realise the Bogor Goals on trade and investment liberalisation in Asia-Pacific by 2020 in line with its roadmap, stated President Tran Dai Quang.
Vietnam supports APEC priorities on strengthening regional linkages and connectivity, especially efforts to fulfil the Bogor Goals and realise a free trade area in Asia-Pacific (FTAAP).