Vietnam attends 24th APEC Ministerial Meeting

Minister of Foreign Affairs Pham Binh Minh and Minister of Industry and Trade Vu Huy Hoang joined their counterparts from APEC member economies at the 24th APEC Ministerial Meeting that wrapped up in Vladivostok, Russia, on Sept. 6.
Minister of Foreign Affairs Pham Binh Minh and Minister of Industry andTrade Vu Huy Hoang joined their counterparts from APEC member economiesat the 24th APEC Ministerial Meeting that wrapped up in Vladivostok,Russia, on Sept. 6.

The two-day event was also attended by Deputy Director General of the World Trade Organisation (WTO) Rufus Yerxa and representativesfrom the APEC Business Advisory Council (ABAC), the Pacific EconomicCooperation Council (PECC), the Association of Southeast Asian Nations(ASEAN) and the Pacific Islands Forum (PIF).

The meeting hasadopted specific measures to promote regional economic connectivity,including speeding up the implementation of the Bogor goals,striving for a successful conclusion of Doha Round, and cooperating ininvestment and trade issues.

The ministers alsoagreed to promote the involvement of small and medium-sized enterprisesin global supply chains, improve structure reform and enhance women’srole in socio-economic development.

Food security anddisasters topped the agenda of discussions on strengtheningcooperation in coping with global challenges.

Theministers underscored their determination to carry out commitments ofthe second APEC Ministerial Meeting on Food Security in Russia inmid 2012 and beef up cooperation for the sustainable development ofagricultural production, biotechnology transfer, and sustainablemanagement of ecological system

In a speech, at the event, Vietnam’s Foreign Minister Pham Binh Minh emphasisedthe need for increasing cooperation and APEC’s contributions in thecontext of unpredictable developments in the Asia-Pacific and the worldas well as the slow recovery of the global and regional economy, whichaffect each nation’s economic recovery efforts, the global economicrestructuring process and multilateral trade.

As Vietnam is co-chair of APEC working group on coping withemergencies, the FM proposed APEC forum continue to consider cooperationin coping with disasters and emergency cases as a key content to ensurehuman security and implement APEC development strategy.

He also presentedVietnam’s initiatives on community-based disaster management andenhancing APEC cooperation on search and rescue at sea.

At the session on food security, the FM shared Vietnam ’sachievements in agricultural development as well as its contributions tointernational efforts to ensure food security.

Hesaid ensuring food security should be combined with efforts to fulfilthe Millennium Development Goals, cope with climate change and exploitand manage natural resources, including water, oceanic and marineresources, in a sustainable manner.

At the closingceremony on Sept. 6, the ministers adopted the joint statement of the 24th APEC Ministerial Meeting and five attached documents on cooperationin transparency, trustful supply chains, creativeness, educationcooperation and human resources development.

The results and documents of the meeting will later be presented to APEC leaders for approval at the 20th APEC Summit.

On this occasion, the eighth session of the Trans-Pacific Partnership(TPP) Economic Ministers took place on the morning of Sept. 6. TPPmembers welcomed Canada and Mexico’s participation in thenegotiation and agreed to further promote the efforts to complete thenegotiation in the time to come.

FM Minh had severalmeetings with his counterparts from Russia, Indonesia, New Zealand,Canada, Peru among others while Minister of Industry and TradeHoang met with many APEC counterparts.

At thesemeetings, the ministers expressed their delight at the fast developmentof bilateral ties and agreed to further deepen economic, trade andinvestment ties, at the same time increasing mutual support and closecoordination in international and regional issues of mutual concern.-VNA

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