ASEAN economic ministers hold consultations with partners

ASEAN Economic Ministers held online consultations on August 28 with external partners - China, Japan, and the Republic of Korea (RoK) - within the framework of the 52nd ASEAN Economic Ministers’ Meeting and related meetings.
ASEAN economic ministers hold consultations with partners ảnh 1At the event (Photo: VNA)


Hanoi(VNA)
- ASEAN Economic Ministers held online consultations on August 28 with externalpartners - China, Japan, and the Republic of Korea (RoK) - within theframework of the 52nd ASEAN Economic Ministers’ Meeting and relatedmeetings.

The consultations were co-chaired by Vietnamese Minister of Industry and Trade Tran Tuan Anh, Chinese Minister ofCommerce Zhong Shan, Japanese Minister of Economy, Trade and Industry HiroshiKajiyama and Korean Minister of Trade Yoo Myung-hee.

Having expressed theirconcern over the harmful impacts of COVID-19 on the lives of people in the region, the ministers agreed tocontinue consolidating cooperation to overcome the pandemic and develop economies,including maintaining supply chains, especially for necessities such as medicalsupplies and food.

Theyhighlighted the need to maintain the trust of the regional business community andfocus resources on promoting socio-economic stability, in particular signing theRegional Comprehensive Economic Partnership (RCEP) this year.

In orderto effectively realise the ASEAN+3 joint declaration on mitigating the adverse impacts of COVID-19, adopted by ASEAN+3 ministers on June 4, the ministers pledgedto enhance cooperation to carry out the action plan and stand ready to copewith contingencies in the region.

The ministers welcomed the progress made in the RCEP negotiations as well as moves to preparefor its signing later this year.

Theyreaffirmed the importance of bringing the RCEP into life to bolster businesses’trust and strengthen the regional economic architecture, and expressed supportfor an open multilateral trade system based on common principles./.

VNA

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