The Prime Minister attends online the kick-off ceremony of the IPEF initiative

Prime Minister Pham Minh Chinh – Photo: FOREIGN MINISTRY

According to information from the Ministry of Foreign Affairs, the ceremony to announce the kick-off discussion was held in Japan in the form of a live online combination, with the participation of Japanese Prime Minister Kishida Fumio, Indian Prime Minister Narendra Modi, US President Joe Biden,

South Korean President Yoon Suk Yeol, New Zealand Prime Minister Jacinda Ardern, Thai Prime Minister Prayut Chan-o-cha, Singaporean Prime Minister Lee Hsien Loong and Economic Ministers of Brunei, Indonesia, Malaysia and the Philippines and leaders of the ministries Australian Diplomacy.

Prime Minister Pham Minh Chinh attended and spoke online.

The leaders shared a vision of an open, inclusive, equitable, rules-based, connected, resilient, secure, and prosperous Asia-Pacific region, with potential. Sustainable and inclusive economic growth is the driving force for the global economy, upholding the central role of ASEAN.

The leaders also emphasized the urgency of working closely to ensure economic recovery and development on an adaptive, sustainable and inclusive basis.

At the same time, affirming the importance of enhancing economic competitiveness, transparency and anti-corruption, cooperation, maintaining essential supply chains, promoting economic growth, creating jobs and expanding economic opportunities for the people.

The leaders agreed to initiate the IPEF discussion process and stand ready to invite countries in the region of interest to participate in the hope that this cooperation framework will help strengthen the most resilient economies. is during the post-pandemic recovery, nenhance competitiveness, adaptability, sustainability, inclusivity, contribute to cooperation, stability, prosperity, development and peace of the region, for the practical benefit of the people.

Discussions in the coming time will focus on four pillars: trade; supply chain; clean energy, decarbonization and infrastructure; taxation and anti-corruption.

Speaking at the announcement ceremony to kick off the IPEF discussion, Prime Minister Pham Minh Chinh emphasized the need to adjust the growth model and economic linkage towards more sustainable, more resilient, and maximized. internal force, combined with optimization of external force; uphold multilateralism and strengthen international solidarity on the basis of sincerity, trust and responsibility.

This event will kick-start and promote countries to work together to actively exchange, seriously discuss, and join hands to deal with important regional and global issues such as diversity and supply chain sustainability, innovation and innovation. new technology, digital transformation, e-commerce, combating climate change, emission reduction, green development, tax issues and anti-corruption, negative…

The Prime Minister affirmed that Vietnam is steadfast in its policy and is promoting the building of an independent and self-reliant economy associated with proactive and active international integration, which is extensive, substantive and effective.

Vietnam also participates in many international economic integration initiatives, actively contributing responsibly to joint efforts to accelerate economic recovery and sustainable development in the region and around the world.

The Prime Minister said that in the process of discussing IPEF, it is necessary to aim at a cooperation framework that brings practical benefits to the people. This needs to be an open, inclusive, balanced process, in line with international law, and responsive to the legitimate and legitimate interests of stakeholders.

Vietnam will work with ASEAN countries and relevant partners to continue discussing and clarifying the content of cooperation pillars, bringing a positive, effective and feasible economic agenda to the region. and for each country; for peace, stability, cooperation, development, and prosperity in the region and around the world.

After the announcement ceremony to kick off the IPEF discussion, the economic ministers of the countries will meet to discuss the implementation plan in the near future.