Cambodian PM: globalisation, multilateral trade vital for global growth
Cambodian Prime Minister Samdech Techo Hun Sen has said that strengthening globalisation and multilateral trade are crucial to supporting global economic growth and reducing poverty.
A young student is placing flowers at an altar in a Buddhist pagoda in Phnom Penh. (Photo: AFP)
Hanoi (VNA) - Cambodian Prime MinisterSamdech Techo Hun Sen has said that strengthening globalisation andmultilateral trade are crucial to supporting global economic growth andreducing poverty.
The Cambodian PM made the statement at the Global Manufacturing and Industrialisation Summitwhich was held virtually on September 4 - 5 and co-hosted by the United NationsIndustrial Development Organisation (UNIDO) and the Ministry of Energy andInfrastructure of the United Arab Emirates.
In his speech, hecalled on countries to continue strengthening the momentum of globalisation,which has significantly contributed to economic growth and createdunprecedented conditions that promote poverty reduction and livelihood ofpeople from all walks of lives.
He said in the contextof globalisation, countries must ensure that their cooperative mechanism canmaintain the spirit of open-mindedness and support for multilateral trade, byspeeding up social and economic interlinkages to support each country'sdevelopment in a sustainable and inclusive manner.
He held that to restore global prosperity,countries should altogether respond urgently and responsibly to overcome thechallenging issues, along with fears that have been dividing up countries,through the implementation of pragmatic strategies and actions aiming atstrengthening the value of peace, dignity and solidarity with equal footing andmutual respects.
According to the Cambodian PM, in this sense, each country should play more active and interactive roles in globalgovernance in a flexible, constructive and responsible manner, especially tocontribute to the global orders in order to maintain peace and security, thekey prerequisites for trade and long-term sustainable and prosperous growth forthe whole world./.
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A young student is placing flowers at an altar in a Buddhist pagoda in Phnom Penh. (Photo: AFP) 
