Director of Multilateral Trade Policy Department under Ministry of Industry and Trade (MoIT) Luong Hoang Thai (Photo: VNA) Hanoi (VNA) - During the 24 years of its membership of the Asia-PacificEconomic Cooperation (APEC) forum,Vietnam has made active and proactive contributions to the forum, thus helping promote regional peace,stability, cooperation and economic linkage, according to Director of Multilateral Trade Policy Department under Ministryof Industry and Trade (MoIT) Luong Hoang Thai.
𝓡 Ina recent interview granted to the Vienam News Agency, Thai said Vietnam successfully served as the host of APEC in 2006 and 2017, and contributions made byVietnam since 2017 are still considered important orientations forAPEC cooperation in recent years, especially during the COVID-19 pandemic.
It proposedmore than 100 projects across fields. Many of the initiatives by Vietnamhave met common interests, especially in terms of sustainable and inclusivedevelopment, human resources development in the digital era, promoting digitaleconomy, and facilitating cross-border e-commerce.
𒉰 Thai said, APEC basically aims to trade and investment liberalisation, thereby boosting the economic growth of one ofthe most dynamic regions.
Notably, Vietnam hasmade specific contributions to promote programmes proposed by Thailand - thehost of APEC 2022, especially solutions to restore supply chains that have beenbroken under the impact of the COVID-19 pandemic as well as addressing post-pandemicdifficulties.
To promote energy transition and application of green and clean technology tobalance economic development and maintain environmental protection and respondto climate change, Vietnam has joined other countries in sketching out specificcooperation frameworks, towards stable and sustainable development of theregion, he said.
The Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) are seen as important elements to promoteinvestment and trade liberalisation within APEC, and the MoIT has alsosignificantly contributed to forming FTAs, Thai noted.
The MoIT has always actively participated in business cooperation activities withinAPEC and also taken specific initiatives in the framework of the cooperationmechanism, he noted.
Vietnam is one of the countries active in proposing and implementing the initiative on tradeliberalisation in environmentalgoods and services, thus contributing to joint cooperationframeworks and programmes.
💮 Vietnam and the MoITin particular have also joined other initiatives related to energy development, and seaport connection to facilitate the transport of goods in the region./.
