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Vietnam raised conditions for joining the economic framework initiated by the US

At the regular press conference on the afternoon of May 26, related to the Indo-Pacific Economic Framework for Prosperity (referred to as IPEF), Spokesperson of the Ministry of Foreign Affairs of Vietnam Le Thi Thu Hang said, The participation of each country, including Vietnam, will depend on the outcome of the discussion.

Previously, on the afternoon of May 23, Prime Minister Pham Minh Chinh attended the announcement ceremony to kick off the IPEF discussion.

The IPEF initiative was launched about seven months after it was announced by Mr. Biden at the East Asia Summit (EAS) held online in October 2021. This is considered one of the pillars of the Indo-Pacific strategy of the Biden administration.

During the discussion, Vietnam will join ASEAN countries and relevant partners to exchange and clarify the contents of IPEF, focusing on four pillars: trade; supply chain; clean energy, decarbonization and infrastructure; taxation and anti-corruption in order to bring about a positive and effective economic agenda that is feasible in the region and for each country, towards a cooperation framework that brings real benefits to the people for peace and stability. cooperation for development and prosperity in the region and around the world.

Vietnam believes that the IPEF should be based on principles of openness, inclusiveness, transparency, in line with international law, the central role of Asean, and complement existing economic links, Ms. Hang emphasized.

With the policy of building an independent and self-reliant economy associated with proactive and active international economic integration – substantial and effective international integration, Vietnam has participated in a number of economic linkage initiatives. international economy, thereby making the most of domestic and foreign resources to serve the cause of national construction and development.

Also at the press conference on the same day, answering questions related to information that Vietnam and Cambodia reached an agreement on the delimitation of 6% of the border out of the 16% of the border that has not been demarcated, Ms. Le Thi Thu Hang The completion of the border demarcation and marker planting on land to build a Vietnam-Cambodia borderline of peace, friendship and sustainable development has long been a legitimate aspiration of the two peoples, said Mr.

This is a very important achievement, contributing to creating favorable conditions for travel, trade and friendship between the people of the two countries as well as the socio-economic development in each country. Currently, the two sides are trying to negotiate the demarcation of about 16% of the remaining border, Ms. Hang informed.

Over the years, Vietnam and Cambodia have cooperated closely, completing the demarcation and marking of about 1,045km of the border line, equivalent to about 84% of the length of the border on the whole route.

https://soha.vn/viet-nam-neu-dieu-kien-tham-gia-khuon-kho-king-te-do-my-khoi-xuong-2022052616433599.htm

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