While highlighting the significance of the summit, the Vietnamese government leader spoke highly of the close and long-standing relationship between ASEAN and Australia and Australia's cooperation with and support for the bloc over the last five decades.

According to Prime Minister Pham Minh Chinh, the two sides need to make breakthroughs in economic, trade, and investment cooperation, aiming to double the trade turnover in the next 10 years; in human resources development cooperation, especially in high-quality human resources and labor cooperation; and in science-technology and innovation cooperation, focusing on developing digital economy, green transformation, circular economy, and emerging sectors such as semiconductor chips, artificial intelligence.

He also emphasized the need to strength political trust and cooperation in ensuring global peace and security, promote cultural cooperation and people-to-people exchange, and leverage the strengths of over 1 million ASEAN-origin people in Australia, including over 350,000 overseas Vietnamese (OVs).

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Prime Minister Pham Minh Chinh addresses the plenary session of the ASEAN - Australia Special Summit.

ASEAN and Australia should join hands to promote a region that respects and acts on international law, with countries complying with the U.N. Charter and international law, and respecting ASEAN’s principles and codes of conduct (COC), and accelerate the building of new ones, including a practical and effective COC in the East Sea (South China Sea) that makes the East Sea become the waters of peace, stability, cooperation and development.

Leaders of both sides adopted the ASEAN - Australia Leaders’ Vision Statement - Partners for Peace and Prosperity, and the Melbourne Declaration - A Partnership for the Future, outlining orientations to develop the bilateral ties in all areas in the coming time.

Participants expressed satisfaction with the development of the ASEAN - Australia relations and the achievements of their cooperation, especially since the establishment of the Strategic Partnership in 2014 and the upgrade to a Comprehensive Strategic Partnership in 2021.

They focused their discussion on future development orientations of the newly-upgraded ASEAN - Australia - New Zealand Free Trade Area (AANZFTA) agreement and the Regional Comprehensive Economic Partnership (RCEP). They also agreed to intensify cooperation in new areas such as innovation, digital economy, green transition, energy transition, and e-commerce, thus turning these into new growth drivers for the economic relations between ASEAN and Australia.

ASEAN welcomed Australia's approval of an additional AUD 222.5 million (USD 145 million) for cooperation with Mekong sub-region countries, the establishment of an investment fund worth AUD 2 billion, and other initiatives to promote trade and investment cooperation with ASEAN countries in the coming time.

The two sides agreed to expand political, security and defense cooperation, maritime cooperation, cybersecurity cooperation, especially within ASEAN-initiated and led mechanisms and forums, contributing to shaping the regional structure based on the rule of law with ASEAN at the center, implementing cooperation based on the ASEAN Outlook on the Indo-Pacific (AOIP).

Participants emphasized the importance of maintaining peace, stability, security and safety of navigation and aviation in the East Sea, peacefully resolving disputes based on international law, especially the 1982 United Nations Convention on the Law of the Sea (UNCLOS) 1982. They call for the full implementation of the Declaration on the Conduct of Parties in the East Sea (DOC), and efforts to soon achieve an effective and substantive COC in accordance with international law, including UNCLOS 1982.

Source: VNA