Vietnam’s Prime Minister Nguyen Tan Dung joined leaders of ASEAN member states, ASEAN partners and representatives of the WB, ADB and IMF at the ASEAN Global Dialogue held in Phnom Penh, Cambodia on November 20.
Addressing the function, PM Dung spoke highly of Cambodia’s initiative to hold the first ASEAN Global Dialogue, saying that it is a good opportunity for countries to exchange views on regional and global economic issues, as well as emerging challenges.
He valued the active roles of ASEAN and East Asia in building a stable and prosperous region.
Vietnam will make positive contribution to the common efforts to ensure the sustainable development goal, Dung affirmed.
He requested that developed countries assist developing countries in adapting to climate change, developing agricultural production, using natural resources in a sustainable manner, while increasing financial support and facilitating technological transfer.
UN organisations, the WB and ADB can play an important role through research, consultation, policy recommendations and coordinating cooperation between the countries to reach the goal.
At the talks, participants discussed measures to boost cooperation concerning global issues, including the economic crisis, energy security, food security and sustainable development.
ASEAN countries called on their partners and international financial organisations to continue support for ASEAN in the implementation of regional connectivity and integration.
The same day, PM Dung and leaders of the US, Brunei, Malaysia, Singapore, New Zealand and Australia attended the unofficial summit of the Trans Pacific Economic Partnership Agreement (TPP).
This is the first high-level meeting of the seven TPP member leaders on the occasion of the East Asia Summit.
Addressing the function, PM Dung affirmed that Vietnam shares the common determination and will continue making contributions to conclude the negotiations.
To make TPP an effective cooperation mechanism, PM Dung asked the members to push for balanced agreements for development and assist developing members in participating deeper in the global chain with a view to maintain the dynamism and leading role of Asia-Pacific in the world’s economy.
Leaders of the seven TPP members stressed the prospect of a broad and deep economic connection within the framework of TPP is important.
They highly valued the outcome of negotiations over the last three years, and agreed to make greater effort to conclude the process in 2013.
On November 19, US President Barack Obama and leaders of ASEAN members discussed an initiative to expand US-ASEAN bilateral trade and investment cooperation.
The aim of the initiative is to create conditions for Asian countries to join the TPP. The US wants to expand the partnership to include Cambodia, Laos and Myanmar – all ASEAN members that do not participate in the Asia Pacific Economic Cooperation (APEC) forum.
ASEAN is the fourth largest export market and fifth largest trade partner of the US.
Source: VNA