Vietnam to show potential through APEC 2017: Argentina expert
Vietnam will make use of APEC 2017 to show the world its potential strength and the ability to overcome challenges while continuing to actively and effectively integrate into the world, in both politics and economy in Asia-Pacific.
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| Prof. Ezequiel Ramoneda, coordinator at the Centre for Southeast Asian Studies under the Institute for International Relations of Argentina’s National University of La Plata |
He said the US’s withdrawal from the Trans-Pacific Partnership (TPP) agreement has caused difficulties for its Asian-Pacific allies such as Japan or Australia, forcing these countries to re-consider their policies towards the US as well as their important relations amid the US’s trade policy changes and trade protectionism increase.
Many countries like Japan, Australia and Vietnam are trying to re-organise the situation and the proposed agreement is a TPP deal without the US.
Vietnam plays an important role in this process, he noted, elaborating that it has made firm economic development, and its open door policy has promoted trade agreements, including TPP, with economies around the world. Vietnam is engaging in negotiations on the China-initiated Regional Comprehensive Economic Partnership (RCEP). It has also inked a bilateral free trade agreement with the European Union and actively participated in many agreements of ASEAN.
Ramoneda said with the policy of integrating into the world, Vietnam has not only boosted economic development but also actively taken part in setting up rules of the organisations that it wants to participate in.
Vietnam has played a proactive role in building a trade model in Asia-Pacific, he added.
Regarding Vietnam-Argentina relations, he noted that the Southeast Asian nation is the second biggest Asian-Pacific trade partner of his country. The number of Argentinean tourists to Vietnam is also growing. Sound bilateral relations can also be seen in frequent mutual visits by the two countries’ senior officials and experts.
The APEC Economic Leaders’ Week is underway in the central city of Da Nang from November 6 to 11. It features the most important events of the APEC Vietnam 2017, which is themed “Creating New Dynamism, Fostering A Shared Future”.
