Eurozone leaders are expected to agree on greater economic policy coordination Friday as they try to tame a deep-seated debt crisis made worse by markets sceptical that they can stop the rot. The leaders meet here against a troubled background -- a Libyan crisis destabilising financial markets worldwide makes agreeing policy even more difficult while weaker eurozone states wobble as investors bet against them. The 17 heads of state or government of the eurozone nations, plus the head of the European Central Bank Jean-Claude Trichet, meet at 1600 GMT to adopt a 'Pact for the Euro' designed to improve the bloc's competitiveness. The document, seen by AFP, sets out four areas for closer cooperation -- fostering competitiveness, fostering employment, ensuring the sustainability of public finances and reinforcing financial stability. While specific measures will be the preserve of individual member states -- so as not to offend smaller countries jealous of their independence -- they are … [Read more...] about Eurozone leaders meet to bolster euro
Leaders meeting
PM attends 2nd Mekong-Lancang Cooperation Leaders’ Meeting
Stressing the important principals of the cooperation for the socio-economic development of member states as well as regional peace, stability and prosperity, the Vietnamese leader underlined stronger collaboration in effective and sustainable management and use of Mekong water resources.Overriding priorities should be given to hydro-meteorological statistics and information sharing, cooperation in response to droughts and floods and joint scientific research to construct reservoirs along the Mekong River as well as infrastructure development to facilitate flows of commodities, services and capital, and local people’s travel, he noticed.It is necessary to support member states to take advantages of the fourth industrial revolution to promote their industrialisation process, he said, adding that efforts should be made to develop high-quality human resources, enhance research and technology transfer in agriculture, especially hi-tech organic development.With the theme of “Our … [Read more...] about PM attends 2nd Mekong-Lancang Cooperation Leaders’ Meeting
State President’s activities at 16th APEC Leaders’ Meeting
VGP - State President Nguyễn Minh Triết on November 22 (local time) joined in the first close meeting, together with leaders from other APEC member economies. The meeting, chair by Peruvian President Alan Garcia Perez, was organized in Lima, Peru. Global financial crisis, instability of food and commodity prices, and the Doha round topped the agenda of the leaders' meeting. Leaders agreed that APEC needs to show its strong determination, through specific commitments, to settle the global financial crisis and its consequences. Speaking at the meeting, State President Nguyễn Minh Triết hailed strong and quick measures taken by the member economies to prevent the collapse of the global financial market and mitigate negative impacts of the crisis. The Vietnamese leader asked the powerful member economies to open their markets; reset confidence; dismantle all types of protectionism; speed up the Doha round; and continue to give priorities to poverty reduction, diseases and environment … [Read more...] about State President’s activities at 16th APEC Leaders’ Meeting
Prime Minister attends 2nd Mekong-Lancang Cooperation Leaders’ Meeting
Stressing the important principles of the cooperation for the socio-economic development of member states as well as regional peace, stability and prosperity, the Vietnamese leader underlined stronger collaboration in effective and sustainable management and use of Mekong water resources. Prime Minister Nguyen Xuan Phuc at the second Mekong-Lancang Cooperation Leaders’ Meeting in Phnom Penh, Cambodia. Overriding priorities should be given to hydro-meteorological statistics and information sharing, cooperation in response to droughts and floods and joint scientific research to construct reservoirs along the Mekong River as well as infrastructure development to facilitate flows of commodities, services and capital, and local people’s travel, he noticed. It is necessary to support member states to take advantages of the fourth industrial revolution to promote their industrialization process, he said, adding that efforts should be made to … [Read more...] about Prime Minister attends 2nd Mekong-Lancang Cooperation Leaders’ Meeting
The 14th APEC Economic Leaders’ Meeting Wrapped up Successfully
Under the theme "Towards a Dynamic Community for Sustainable Development and Prosperity initiated by Viet Nam, the 14 th APEC Economic Leaders' Meeting (AELM) has wrapped up successfully, closing the APEC Economic Leaders' Week 2006 in Hanoi and the APEC Year 2006 in Vietnam. During two days of working (November 18-19, 2006), APEC leaders focused discussions on two main topics: promoting trade and investment in a changing world, and fundamentals ensuring dynamism, growth and sustainable development in APEC. th At the Meeting, APEC leaders issued a separate statement on the Doha Development Agenda (DDA) negotiation round, affirming a strong political will and especially emphasising practical measures to resume the negotiations as soon as possible. As the host of the 14th APEC Economic Leaders' Meeting, and the newest member of the World Trade Organisation, Viet Nam had displayed an active role in this issue, which could be seen as its important contribution to the WTO right after … [Read more...] about The 14th APEC Economic Leaders’ Meeting Wrapped up Successfully