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VIETNAM, November 18 – BANGKOK – President Nguyễn Xuân Phúc called on members of the Asia-Pacific Economic Cooperation (APEC) to bridge differences, strengthen dialogue and coordinate actions in the common interest, during the 29th APEC Economic Leaders Meeting Meeting and related activities on Friday.

Held in Bangkok, the Thai capital, it is the first in-person meeting between leaders and heads of delegation from APEC’s 21 member economies after a three-year hiatus due to the COVID-19 pandemic.

Themed “Open. Connect. Balance,” the event addressed three priority directions of APEC, namely openness to all opportunities, connection in all dimensions, and balance in all aspects, to promote economic growth in tandem with environmental sustainability.

Deeply aware of the challenges facing the region, the leaders affirmed their determination to jointly seek solutions so that economies can emerge from the crisis, become stronger with more resilience, flexibly seize opportunities and respond to future challenges.

They reaffirmed the commitment to realize APEC Putrajaya’s vision of an open, vibrant, resilient and peaceful Asia-Pacific community by 2040 for the prosperity of all and future generations; and agreed to consolidate APEC’s leadership and position as the leading regional economic forum as well as a modern and efficient incubator of ideas.

They also stressed that APEC cooperation should find practical solutions to common challenges and support global efforts on sustainable development and response to climate change.

In his address, President Phúc emphasized that an Asia-Pacific region of peace, stability, cooperation, prosperity and sustainable development is a common goal and responsibility that requires joint efforts by all member economies of the APEC.

They should bridge differences, strengthen dialogue and coordinate actions on behalf of common interests, to protect the achievements and values ​​achieved over the past three decades and to strengthen the foundations for future cooperation and development, he recommended.

Addressing a discussion on sustainable, inclusive and balanced growth, he affirmed that Asia-Pacific has entered a new stage of development and should take the lead in promoting the model of balanced, inclusive and sustainable growth, and assisting member economies in the green and digital transition. transformation.

The Vietnamese leader highlighted some “balancing” factors in cooperation, including putting people at the center to create balance in each economy, between sectors and between social elements; and balancing interests and responsibilities between economies and regions. The objective is common, but the measures must be adapted to the characteristics and level of development of each person.

He also welcomed the many new initiatives suggested by APEC members to provide financial support for development, energy transition, adaptation to climate change and development of the digital economy, adding that APEC can only ensure fruitful cooperation when its members open together balanced and open opportunities for access to sources of capital and clean and modern technologies.

The President highlighted Việt Nam’s policy to drive national digital transformation and build a green and circular economy in which people are the center, the actor and the ultimate goal of development.

Việt Nam is also making efforts to materialize COP26 commitments and hopes for assistance from the international community and other APEC members, he added. —VNS