Vietnam Calls on Big Economies to Open up Markets, Remove Protectionism

Vietnamese President Nguyen Minh Triet has appealed to the world’s biggest economies to open up markets, restore confidence and remove any protectionism as well as push up the Doha negotiations.

 

Triet hailed Apec countries and giant financial institutions in taking prompt and strong measures to prevent the global financial meltdown and crisis.

 

The Vietnamese president pledged that Vietnam is ready to ensure food security through technical assistances and experience and techniques exchanging in the agricultural production.

 

At the Apec summit 16 in Lima, Vietnam and South Korea launched initiatives calling on developed countries within Apec bloc to increase official development assistances (ODA) to developing members.

 

At the first caucus of the Apec summit, member countries passed the Lima Declaration on Global Economy, which affirmed common commitments by Apec leaders to continue reforming financial systems of each member, global financial systems, combating any protectionism and pushing WTO in cutting tariffs in Dec of 2008.

 

On the same day, Triet had meetings with U.S. businesses and Colombia President Alvaro Uribe Velez.

 

Vietnam hosted Apec summit in 2006. (The People, Labor, VNA)