Hanoi (VNA) – The 27th APEC Economic Leaders' Meeting opened on November 20 via video conference withleaders of 21 member economies taking part.
Vietnamese Prime Minister Nguyen Xuan Phucattended the meeting, which aims to discuss the COVID-19 situation and adopt a newvision on regional cooperation in the post-pandemic period.
In his opening speech, Prime Minister Muhyiddin Yassin ofMalaysia - the host of APEC 2020 - called on economies onthe Pacific Belt to stay united to fight the COVID-19 pandemic and promote economicrecovery.
Muhyiddin affirmed that APEC will play a central rolein guiding recovery efforts following the pandemic. He also urged APEC membereconomies to ensure the fair right to access to vaccines and medicaltechnology.
The Malaysian PM mentioned APEC’s prioritised fields, includingsupport for rules-based multilateral trade system, and promotion of digital economy andcomprehensive economic growth.
In his speech, Chinese President Xi Jinping said China is willing to cooperate with APEC economies to create and share the regional future of peace and prosperity towards the target of building a future common community of the humankind.
He affirmed that China backs APEC in increasing the exchange of policies and building capacity in different fields, including public health and small- and medium-sized enterprises in a bid to facilitate the fight against COVID-19 and economic recovery.
The Asia-Pacific Economic Cooperation (APEC) Forum comprises 21 member economies which together account for 60 percent of the world’sgross domestic product (GDP).
The meeting is the most important activity during the 27th APEC Economic Leaders’ Week hosted by Malaysia./.