World

CPTPP countries discuss post-pandemic recovery plan

Economic and trade ministers of signatories to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) met online on August 5 to discuss how best to intensify cooperation and prepare a plan of action to boost post-pandemic economic recovery.
CPTPP countries discuss post-pandemic recovery plan ảnh 1Mexico's Economy Secretary Graciela Márquez Colín (Source: AFP/VNA)

Hanoi (VNA) - Economic and trade ministers of signatories to the Comprehensiveand Progressive Agreement for Trans-Pacific Partnership (CPTPP) met online onAugust 5 to discuss how best to intensify cooperation and prepare a plan ofaction to boost post-pandemic economic recovery.

The third meetingof the CPTPP Commission was held via video conference under the chair of Mexico’sEconomy Secretary Graciela Márquez Colín and reported on issues relating to theimplementation of the agreement.

The ministersissued a joint statement supporting trade liberalisation as a driving force foreconomic growth, especially in face of the COVID-19 pandemic. The statementalso highlights the importance of maintaining a strong, rules-basedmultilateral trading system so as to ensure sustainable development.

Participants alsoagreed on the establishment of an office in charge of developing the digitaleconomy, while calling on Brunei, Malaysia, Peru, and Chile to soon ratify theagreement so it may be implemented fully.

The CPTPPcomprises Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, NewZealand, Peru, Singapore, and Vietnam. Together they have a combined economy of13.5 trillion USD./.
VNA
#Mexico#Economy Secretary Graciela Márquez Colín#CPTPP#post-pandemic economic recovery#lan of action#COVID-19#Vietnam#Vietnamplus#Vietnam News Agency
Follow VietnamPlus

Related News

Conference looks at making full use of CPTPP

Conference looks at making full use of CPTPP

The Ministry of Industry and Trade (MoIT) and the Hanoi Department of Industry and Trade have held a two-day conference with a view of helping firms understand more about commitments in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
Vietnam, New Zealand target 1.7 billion USD in trade in 2020

Vietnam, New Zealand target 1.7 billion USD in trade in 2020

Trade between Vietnam and New Zealand tripled over the last decade, from 320 million USD in 2009 to over 1 billion USD in 2018, and the figure is expected to hit 1.7 billion USD this year, according to the Ministry of Industry and Trade.
Vietnam, Chile seek to foster economic, trade cooperation

Vietnam, Chile seek to foster economic, trade cooperation

Deputy Minister of Industry and Trade Do Thang Hai on August 4 held a virtual meeting with Rodrigo Yáñez Benitez, Under-Secretary for International Economic Relations at the Chilean Ministry of Foreign Affairs, to boost economic and trade cooperation between the two countries.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.