PM participates in the start of discussions on the Indo-Pacific economic framework

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Vietnam’s Prime Minister Pham Minh Chin will speak at the opening ceremony of the debate on the Economic Framework for the Prosperity of the Indo-Pacific (IPEF).

Photo: VNA / CVN

At the opening ceremony of the discussion on the virtual event Indo-Pacific Economic Prosperity Framework (IPEF), the Prime Ministers of Japan, India, New Zealand, Thailand, Singapore and Vietnam, and the Ministers of Economy of the United States, Republic of Korea, Brunei, Indonesia, Malaysia and the Philippines ..

In his speech, Vietnam’s Prime Minister Pham Minh Chin emphasized the need to restructure the growth model.

Vietnam’s Prime Minister strengthens multilateralism and international solidarity based on integrity, trust and responsibility, while maximizing internal and external power to promote economic ties in the most sustainable and resilient directions. I asked you to do it.

According to Vietnamese leaders, the event will strengthen exchanges and serious discussions between countries and work together to solve key regional and global issues such as diversification and ensuring supply chain sustainability. Call for that. Procurement, innovation, digital transformation, e-commerce, fighting climate change, reducing emissions, green development, taxation, anti-corruption …

On this occasion, Vietnam’s leaders are responsible for building a self-sustaining and self-sustaining economy, active international integration, participation in various international economic integration initiatives, and accelerating regional economic recovery and sustainable development. He repeated Vietnam’s firm stance of contributing to joint efforts. And worldwide.

Framework for effective economic cooperation

In the discussion, countries should focus on establishing a framework of cooperation that is beneficial to the people, which is an open, inclusive and balanced process, satisfying the legitimate interests of stakeholders. He added that he must comply with international law.

Vietnam will work closely with ASEAN countries and partners to establish an effective economic cooperation framework for regional and national and regional and global peace, stability, cooperation, development and prosperity.

During this ceremony, leaders agreed to begin discussions on the Indo-Pacific economic framework, hoping that this framework of cooperation would enhance the resilience, competitiveness and adaptability of the economy to the countries of the region. I called for participation. Recovery after COVID-19.

Future discussions need to focus on four pillars: trade, supply chains, carbon-free renewables and infrastructure, as well as the fight against taxation and corruption.