Vietnamese Ambassador to the US Pham Quang
Vinh made the statement at a recent ceremony to launch of the report
“Charting a course for trade and economic integration in the
Asia-Pacific” at the Australia Embassy in Washington D.C, the US.
He noted the Vietnam – US relations, affirming that the two nations
will continue fostering their comprehensive partnership in all fields,
including raising the economic – trade relations to a new height on
As the host of APEC 2017, Vietnam will work with the US and other
member economies to boost the dynamic development of the region, he
According to the report, global and regional trade, particularly in
the Asia-Pacific, has been suffering huge challenges due toa growing
number of people around the world questioning the value of trade
agreements, reflected by Brexit and the US’s withdrawal from the Trans
Pacific Partnership (TPP).
Furthermore, global trade is slowing down, and existing trade
agreements have not kept upwith the changing nature of trade itself. But
trade has been one of the strongest drivers behind global growth and
stability, particularly in Asia. The region’s openness has been a
critical ingredient in spurring on growth, creating jobs, and lifting
millions out of poverty, it said.
(Source: Nhandan Online)