Source: Voice of Vietnam (Viet Nam)
Source type: Radio
Published on: 06 Oct 2010
The meeting approved 16 initiatives, designed to boost cooperation in a wide range of fields, including food security, transport, forest management, water resource, development and education. It also welcomed Laos' proposal to host the 9th ASEM Summit in 2012.
During the two-day meeting, the ASEM leaders also discussed ways of strengthening the efficiency of global economic mechanisms, regional issues and measures to enhance the efficiency of ASEM cooperation. They also reiterated their determination to give fresh impetus to cooperation between the two continents.
They also pledged to stimulate growth and encourage models of sustainable development while dealing with weaknesses in the financial system, including high public debts and global imbalance.
They confirmed that the Chiang Mai Initiative in Asia and financial stability mechanisms in Europe are useful tools for supporting countries in financial difficulty.
PM Dung contributed many practical proposals on ASEM 8's key issues. He urged the international community and ASEM to strengthen cooperation to overcome the global economic crisis and prepare for the post-crisis period.
Vietnam supports the reform of global economic management to more equal, democratic and effective mechanisms, stressed Prime Minister Nguyen Tan Dung. He also requested ASEM member nations to work together to introduce new economic and financial policies to enhance the operational efficiency of G20.
In the context of the post-crisis period, sustainable development has become a major topic for ASEM 8. ASEAN leaders made several important decisions to ensure sustainable development, with a focus on economic development, social development and environmental protection.PM Dung proposed making ASEM a driving force to boost sustainable development.He said Vietnam will work with the international community to promote the model of sustainable development, as this is necessary for the socio-economic development process.
Sustainable development is becoming a priority for every country and a global requirement. In this spirit, the PM put forward two initiatives, namely the "ASEM forum on green growth" and the "ASEM forum on social security networks" which were praised by the UK, Germany, the Netherlands, Finland and the Republic of Korea.
Concerning global issues such as natural disasters, security, terrorism, piracy and armed conflicts, the meeting highlighted the role of multilateral institutions and the UN in resolving these issues. ASEM leaders called for closer Asia-Europe cooperation in preventing and combating natural disasters.
As 2010 ASEAN Chair, Vietnam is shifting to a new stage of development towards a goal of forming a self-reliant, dynamic and sustainable ASEAN community by 2015.