APEC Summit Week opens in San Francisco

The APEC Summit Week takes place over 6 days with the theme "Creating a resilient and sustainable future for all".

The event will focus on three key priorities, including connecting to build a resilient region and promote inclusive economic prosperity; fostering an innovative environment for a sustainable future; and strengthening an equitable and inclusive future for all people.

APEC 2023 Summit Week will be held in San Francisco, USA.

Assessing the significance of the event for development cooperation in the Asia-Pacific region, Vietnamese Ambassador to the US Nguyen Quoc Dung said: “APEC is a regional economic forum comprising 21 member economies, including the world's largest economies.

In the context of the current world situation with many uncertainties and challenges, this APEC economic forum will be an opportunity for leaders of 21 economies to discuss these challenges and measures to overcome them, as well as policy coordination between economies, how to bring about the fastest economic recovery, as well as ensure the healthy and strong economic development in the coming time.

The theme of 'Creating a resilient and sustainable future for all' has expressed the objectives of this APEC Forum. With three focuses on connectivity, innovation and inclusion, I am confident that the leaders of the 21 economies will discuss many issues of concern to the world economy today.

The most prominent, important, and pressing issues today such as maintaining sustainable supply chains, digital transformation, digital trade, energy transition, combating climate change, green economy, etc. are issues that the whole world is currently very concerned about."

President Vo Van Thuong and his wife will lead a high-ranking Vietnamese delegation to attend the APEC Summit Week and bilateral activities in San Francisco from November 14 to 17. The President's trip takes place in the context of the 30th anniversary of the first APEC Summit held in the US and marks 25 years of Vietnam's membership in APEC.

Sharing about the significance of the President's trip, Ambassador Nguyen Quoc Dung said: "President Vo Van Thuong's participation in this year's APEC Forum shows Vietnam's support for multilateralism in general, as well as the APEC process in particular. Vietnam is a very active member, in fact, Vietnam has hosted APEC Chairmanship twice.

Vietnam has made many contributions and initiatives to promote the APEC process and Vietnam's participation also demonstrates its support for APEC's principles and processes. Vietnam is ready to coordinate with member countries to further develop this process, ensuring sustainable economic development and bringing new opportunities, new advantages and especially conditions to overcome current difficulties, inadequacies, instabilities and challenges posed by the very complicated world situation.

Attending APEC this year in the US is also an opportunity for Vietnam to promote bilateral relations with the US after the two sides upgraded their relationship to a Comprehensive Strategic Partnership. On the occasion of attending APEC, the President and his delegation also had many activities in San Francisco, meeting with US authorities as well as US scholars and businesses to implement the agreements that the two sides reached when deciding to upgrade to a Comprehensive Strategic Partnership.

The Asia-Pacific Economic Cooperation Forum currently has 21 member economies, including the world's leading economies (US, China, Japan, etc.), 9 members of the Group of 20 major economies (G20) and many dynamically developing emerging economies, representing about 38% of the world's population, contributing 61% of GDP and 47% of global trade.

During 25 years of participating in APEC, Vietnam has actively and proactively contributed to the APEC Forum, contributing to promoting peace, stability, cooperation, regional economic connectivity, and maintaining APEC's role as the leading economic connectivity mechanism in the Asia-Pacific region.

PV (VOV-Washington)

Source