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APEC Summit 2017 top priority for VN

Update: June, 25/2015 - 09:00
Deputy Prime Minister Pham Binh Minh speaks at the workshop on APEC Viet Nam 2017: Ways forward to a robust, resilient and inter-connected APEC community in Ha Noi yesterday. — Photo VGP
HA NOI  (VNS) — Deputy Prime Minister Pham Binh Minh yesterday said that preparations for APEC (Asia-Pacific Economic Cooperation) Summit 2017 would be one of the top priorities in Viet Nam's foreign affairs.

In his keynote speech at the workshop on APEC Vietnam 2017: Ways forward to a robust, resilient and inter-connected APEC community in Ha Noi yesterday, Minh said APEC held a strategic position in Viet Nam's reform, development and international integration.

He said the forum embraced most of Viet Nam's strategic and leading economic and trade partners, provided 79 per cent of total foreign trade amount and 70 per cent of inbound tourists.

"For more than 25 years, APEC has proved itself to be the world's leading mechanism for economic co-operation," said Minh. "It has been a pioneer in advancing trade and investment liberalisation and bolstering the vibrant trend of multi-layer-economic co-operation and integration for peace and development".

He added that in the next few decades, the forum would continue to play an indispensable role in evolving regional architecture, particularly in fostering co-ordination and interconnection among regional mechanisms.

Manager of the APEC Secretariat, Alan Bollard, spoke highly of Viet Nam's positive contributions to APEC over more than 15 years, saying that member nations would help it prepare for APEC Viet Nam in 2017.

Established in November 1989, APEC now comprises 21 economies, representing around 39 per cent of the world population, 57 per cent of total global GDP and 47 per cent of world trade.

Joining the forum in November 1998, Viet Nam successful hosted APEC 2006 and the sixth APEC Human Resources Development Ministerial Meeting in September, 2014. — VNS

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