PM Nguyen Xuan Phuc delivered a keynote address at the 23rd International Conference on the Future of Asia in Tokyo, Japan
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The rise of Asia is the rise of countries which are pursuing extensive international integration like Singapore, the Republic of Korea or China. Asia is taking the lead in cooperation and international integration with more than 150 free trade agreements (FTAs), accounting for 58% of the total number of FTAs on earth.
However, the globalization process in Asia is now challenged by complicated developments of religious extremism, terrorism threats, missile tests on the Korean Peninsula, tensions in the East China Sea and East Vietnam Sea, natural disasters and epidemics.
Against that backdrop, PM Phuc called for maintaining a peaceful and stable environment by building healthy and coherent bonds, enhancing trust and sincerity among countries in terms of security, politics, and economic development.
Asia needs to focus on addressing its internal differences and act responsibly on the basis of equality, mutual respect and compliance of international law. The continent should strengthen soft power through maintaining and promoting its diversity and uniqueness of cultural identities, including diligence, studiousness, and friendship among others.
PM Nguyen Xuan Phuc answered questions related to international issues and Vietnam's policy raised by participants at the 23rd International Conference on the Future of Asia
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The Government chief suggested Asian economies enhance healthy linkages with diverse layers, including policy and infrastructure to facilitate movement of goods and labor. He also urged Asia to optimize resources and coordinate in promoting the role of international institutions like the World Trade Organization, World Bank, International Monetary Fund, Asian Development Bank and the Asian Infrastructure Investment Bank.
According to the Vietnamese PM, the guidelines, principles and regulations developed by the aforesaid institutions along with those developed by regional organizations like ASEAN and APEC have made significant contribution to peace, stability and development across the world in general and Asia in particular.
Meanwhile, in his keynote address, PM Nguyen Xuan Phuc emphasized that globalization is an inevitable trend whether we like it or not. He urged Asian economies to enhance healthy linkages with diverse layers, including policy and infrastructure to facilitate movement of goods and labor across the continent.
The rise of Asia is the rise of countries which are pursuing extensive international integration like Singapore, the Republic of Korea or China. Asia is taking the lead in cooperation and international integration with more than 150 free trade agreements (FTAs), accounting for 58% of the total number of FTAs on earth.
The continent should strengthen soft power through maintaining and promoting its diversity and uniqueness of cultural identities, including diligence, studiousness, and friendship among others. The Government chief suggested Asian economies enhance healthy linkages with diverse layers, including policy and infrastructure to facilitate movement of goods and labor.
He also urged Asia to optimize resources and coordinate in promoting the role of international institutions like the World Trade Organization, World Bank, International Monetary Fund, Asian Development Bank and the Asian Infrastructure Investment Bank.
