Vietnamese PM attends ASEAN-Japan Commemorative Summit in Tokyo

VOV.VN - Vietnamese Prime Minister Pham Minh Chinh joined leaders of other ASEAN countries and Japan at the opening ceremony of a commemorative summit marking 50 years of the friendship and cooperation between ASEAN and Japan in Tokyo on December 17.

Shortly after the opening ceremony, the leaders attended a plenary session to review and outline orientations for ASEAN-Japan cooperation amid regional and global changes.

Over the past half a century since the establishment of their diplomatic ties in 1973, ASEAN-Japan relations have developed comprehensively and dynamically in all fields, from politics and security to economy, trade, investment, culture, social affairs and development cooperation. Japan deeply engages in regional political-security cooperation mechanism, while strongly supporting ASEAN’s solidarity and central role.

Economic and investment cooperation between ASEAN and Japan is implemented through many different mechanisms, including the Regional Comprehensive Economic Partnership Agreement (RCEP) and the ASEAN-Japan Comprehensive Economic Partnership Agreement (AJCEP). Japan is also an active partner contributing to the implementation of the Initiative for ASEAN Integration (IAI) and supporting efforts to narrow the development gap in ASEAN.

In 2022, Japan was the fourth largest trading partner and second largest FDI investor in ASEAN, with two-way trade turnover reaching US$268.5 billion. Total Japanese FDI into ASEAN hit US$26.7 billion, up 27.7% compared to the previous year.

In the face of new challenges and unpredictable developments regionally and globally, both ASEAN and Japan wish to strengthen cooperation and connectivity to respond to common challenges and develop together.

The ASEAN-Japan commemorative summit takes place after the establishment of the comprehensive strategic partnership between the two sides. This is an opportunity for senior leaders of both sides to review the achievements of cooperation, and chart a new course for development in the new period.

Vietnam is an active and responsible member in ASEAN and in promoting Japan - ASEAN relations, especially after Vietnam assumed its role as coordinator of ASEAN - Japan relations in the 2018 – 2021 period.

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