13 July 2017

Japan hails Vietnam’s hosting of APEC meetings

Tsutomu Koizumi, head of Japan’s delegation to the first Senior Officials’ Meetings (SOM1) of the Asia-Pacific Economic Cooperation (APEC) forum (Photo: VNA)


Tokyo (VNA) – Tsutomu Koizumi, head of
Japan’s delegation to the first Senior Officials’ Meetings (SOM1) of the
Asia-Pacific Economic Cooperation (APEC) forum held in Hanoi in February 2017,
has highly valued Vietnam’s efforts in hosting the forum’s meetings.

In an interview granted to the Vietnam News
Agency (VNA) in Tokyo on July 12, Tsutomu Koizumi, Deputy Director General of
the Economic Affairs Bureau under Japan’s Ministry of Foreign Affairs who also
attended the APEC Trade Ministers Meeting in Hanoi, said the APEC meetings
hosted by Vietnam have gained great successes. 

Japan pins high hope on Vietnam’s hosting of
APEC Summit 2017, he emphasised. 

Highlighting APEC’s achievements over the past
time, including economic integration in Asia-Pacific, Tsutomu Koizumi said APEC
makes up 60 percent of the global GDP with about 44.3 trillion USD and half of
the world’s trade revenue with 17.8 trillion USD.

APEC’s incessant efforts have contributed to the
development of the Asia-Pacific region, he noted. 

In the context of changes in the global business
climate which sees the increasing domination of services, digital-technology
trade and protectionism, APEC has played a more important role in facilitating
trade and investment liberalisation in the world, according to Tsutomu Koizumi.

He said the APEC Year 2017 will focus on such
issues as sustainable development, innovations, regional economic connectivity,
the competitiveness of micro-, small- and medium-sized enterprises (MSMEs),
food security, sustainable agriculture, and climate change response. 

He suggested organising dialogues for
public-private businesses to get their opinions heard during the dialogue
between APEC leaders and the APEC Business Advisory Council in order to serve
the policy-making process. 

It is necessary for APEC to roll out mid-term and long-term visions by
2020 when the Bogor goals of free and open trade and investment in Asia-Pacific
are expected to be achieved, said Tsutomu Koizumi. 

Japan, as an APEC member, will make more
contributions to APEC discussions and continue its cooperation as well as
comprehensive support to make the APEC Summit scheduled in November in
Vietnam’s central Da Nang city, a success, he promised.-VNA



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