Experts have stressed that the Asia-Pacific Economic Cooperation (APEC) forum plays an increasingly important role in ensuring a global system of free, open and equal trade amid rising protectionism.
Vietnam’s participation in the G20 Summit in Germany on July 7-8 at the invitation of German Chancellor Angela Markel demonstrates the international recognition of the country’s role and contributions to the global development.
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.
As the host of the APEC Year 2017, Vietnam should have a stronger voice to promote globalisation and connectivity among APEC members, thereby fostering trade liberalisation and bringing growth to all people.
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.