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ASEAN should ratify RCEP soon to boost economic recovery: Singaporean PM

Singaporean Prime Minister Lee Hsien Loong called on relevant parties to soon ratify the Regional Comprehensive Economic Partnership (RCEP) to contribute to the region’s post-pandemic economic recovery while addressing the 38th ASEAN Summit on October 26.
ASEAN should ratify RCEP soon to boost economic recovery: Singaporean PM ảnh 1Singaporean Prime Minister Lee Hsien Loong (Photo: AFP/VNA)
Hanoi (VNA) – Singaporean Prime Minister Lee Hsien Loong called onrelevant parties to soon ratify the Regional Comprehensive Economic Partnership(RCEP) to contribute to the region’s post-pandemic economic recovery whileaddressing the 38th ASEAN Summit on October 26.

Given the difficult times caused by the COVID-19 pandemic,the Singaporean PM noted the need to work even harder on economic integration,and ratify the RCEP.

According to him, the agreement will boost confidence inregional trade and investment and contribute significantly to the region’spost-pandemic economic recovery.

"I look forward to the swift ratification of the RCEPby all ASEAN Member States and partners, for the agreement to enter into forceby January 2022 as planned.”

ASEAN countries must also progressively re-open itseconomies and resume safe travel as they bring COVID-19 under control, Leenoted. This, he said, is an important aspect of living with COVID-19.

With the COVID-19 pandemic remaining a key challenge aftertwo years, ASEAN nations must work together to improve access to vaccines, addedLee.

“As co-chair of the Friends of the COVID19 Vaccine GlobalAccess (COVAX) Facility, Singapore is strongly committed to vaccinemultilateralism and fair and equitable access to COVID-19 vaccines for allcountries,” he affirmed.

ASEAN should ratify RCEP soon to boost economic recovery: Singaporean PM ảnh 2Malaysian PM Ismail Sabri Yaakob (Photo: VNA)
Meanwhile, Malaysian PM Ismail Sabri Yaakob said on his Twitter that Malaysia remainsstrongly committed to ratifying the RCEP by the end of this year as it willhelp accelerate regional recovery as well as resilience./.
VNA
#Singaporean Prime Minister Lee Hsien Loong#Malaysian PM Ismail Sabri Yaakob#38th ASEAN Summit#RCEP#post-pandemic economic recovery#Vietnam#Vietnamplus#Vietnam News Agency
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