22nd APEC Summit promotes connectivity cooperation

(VOV) -The Asia-Pacific Economic Cooperation (APEC) leaders have hailed the accomplishments APEC members have achieved in reinforcing connectivity cooperation and infrastructure development.

On November 11, the APEC leaders continued their discussion on strengthening comprehensive connectivity and infrastructure development with a stress laid on the importance of enhancing comprehensive connectivity for economic growth, maritime and aviation connectivity, cooperation and mutual support and promoting prosperity and community spirit in the Asia – Pacific region.

They acknowledged the efforts of member economies in boosting the public-private partnership (PPP) for infrastructure development through initiatives within the APEC forum.

Speaking at the session, President Truong Tan Sang highlighted the outstanding achievements of APEC for more than two decades on the formation of a cooperative network and wide-ranging linkages from the sub-regional level to the Asia - Pacific region at large.

President welcomed and supported the overall APEC connection plan for the period 2015-2025 and important decisions to strengthen connectivity, especially infrastructure development among APEC members. He agreed upon the need to mobilize financial resources and necessary technical assistance, through transparent cooperation mechanisms for development goals.

For a comprehensive regional connectivity, Sang suggested members should focus on cooperation to cope with global challenges, support capacity building for developing members, increase education and training, and PPP cooperation, and enhance the integral role of businesses.

Shortly thereafter, the APEC leaders continued the second plenary session on innovative development, reform and economic growth.  They emphasized prospects for mutual prosperity of APEC will depend on creative development, economic reform and growth in the region, and the Asia-Pacific region is in a key period of the economic model transformation process.

President Sang affirmed Vietnam welcomes and supports the APEC roadmap for food security 2020 as food security is one of the challenges of humankind in the 21st century.

Accordingly, Sang called on the countries to pay greater attention to food and water resource security, technological application in agriculture towards environmentally friendly products and trade facilitation and promotion of food products in order to ensure people’s easier access to food.

“The promotion of mutually beneficial economic cooperation along with ensuring harmonized interests of members will contribute to extensive cooperation of APEC in the new period, principally in natural disaster response, search and rescue, fishery cooperation and scientific and technological application.” Sang said.

The Vietnamese State leader confirmed that with determination to promote renovation, Vietnam is carrying out economic restructuring and growth model transformation towards sustainability. The country will continue to join efforts with other APEC members to stimulate development, reform and economic growth.

The 22nd APEC Summit conveyed a strong message on the resolve and efforts of member economies for the sake of a united Asia–Pacific region, creativity and connection so as to maintain the role of the Asia-Pacific region as a powerful driver of global economic growth.

The leaders of the 21 APEC member economies issued two declarations, “Beijing Agenda for an Integrated, Innovative and Interconnected Asia-Pacific” and “Shaping the Future through the Asia-Pacific Partnership”.

Four annexes include “The Beijing Roadmap for APEC’s Contribution to the Realisation of the Free Trade Area of the Asia-Pacific”, “APEC Strategies Blueprint for Promoting Global Value Chain Development and Cooperation”, “APEC Accord on Innovative Development, Economic Reform and Growth”, and “APEC Connectivity Blueprint for 2015-2025”. 
The 23rd APEC Summit is scheduled to be held in the Philippines in 2015.

On the evening of November 11, President Sang left Beijing for Hanoi,concluding his attendance at the 22nd APEC Summit and related meetings.

With the positive contributions of Vietnam at the meeting as well as its active integration role, the country has contributed to the overall success of the summit for peace, stability and prosperity in the Asia-Pacific region.

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