Hanoi (VNA) – Deputy Minister of Industry and Trade Tran Quoc Khanh attended the 27th ASEAN Economic Ministers' Retreat held via videoconference on March 2 and 3, during which he and other delegates approved 10 initiatives and priorities for economic cooperation in 2021.
Of note, several initiatives inherit cooperation contents from 2020 when Vietnam assumed the role of ASEAN Chair.
In particular, the retreat also reached consensus on 2021 agenda priorities in economy with 68 different contents, such as trade in goods, trade in services, investment, intellectual property, e-commerce, and consumer protection, among others.
At the event, Khanh expressed his support for Brunei's initiatives during its ASEAN Chairmanship Year 2021, and affirmed that Vietnam will continue cooperating closely with other ASEAN countries to realise the common targets of the ASEAN Economic Community.
Together with discussions on intra-bloc economic cooperation, the participants also exchanged views on extra-bloc economic cooperation, such as reviewing the implementation of the ASEAN-India Trade in Goods Agreement (AITIGA) and collaboration between ASEAN and the EU.
They said their countries are exerting every effort to soon ratify the Regional Comprehensive Economic Partnership (RCEP) agreement to facilitate post-pandemic recovery.
Within the framework of the retreat, the participants held a consultation with the ASEAN Business Advisory Council to make recommendations on health care and addressing non-tariff measures, and intensifying public-private partnerships (PPPs) in ASEAN and between the grouping and its partners./.
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