Cambodian Commerce Minister Joins the 52nd ASEAN Economic Ministers’ Meeting and Related Meetings via Video Conference
RNK, Sept, 1st, 2020-
H.E. Pan Sorasak, Minister of Commerce, joined the 52nd ASEAN Economic Ministers’ meeting and related meeting last week from August 25 to 27 2020, via Video Conference.
The 12th Cambodia-Laos-Myanmar-Vietnam Economic Ministers’ Meeting
exchanged views and responses on COVID-19 in the region and discussed the development of a comprehensive recovery plan and the implementation of the Hanoi Action Plan on strengthening ASEAN economic cooperation and supply chain linkages in response to the spread of COVID-19 to prevent and reduce the impact of COVID-19 on local economy, as well as strengthen supply chain connectivity to make it more resilient and less vulnerable in the future.
The meeting also discussed the regional and global development situation, especially the economic impact caused by COVID-19, focusing on maintaining market opening, eliminating trade barriers, maintaining supply chain connectivity, using technology and Implementing the Hanoi Action Plan on Strengthening ASEAN Economic Cooperation and Supply Chain Connections in Response to the COVID-19 Spread.
During the meeting, the Minister also encouraged closer cooperation on trade and investment facilitation.
Minister Pan Sorasak also briefed the meetings on the situation of COVID-19 in Cambodia and the effective and stringent measures put forward by the Royal Government, headed by Samdech Techo Prime Minister, in the fight against COVID-19.
In the difficult circumstances caused by the COVID-19 crisis, the ministers stressed the need to open up markets (goods, services and investment) as well as strengthen cooperation and joint efforts between countries in the region to fight gainst COVID-19.
The Ministers welcomed and appreciated the remarkable progress of the open market negotiations (trade in goods, trade, services and investment) and reaffirmed their commitment to sign the ASEAN Agreement by the end of this year. It is important to give the world a signal of support for a multilateral free trade system based on the rule of law, especially for regional economic recovery after the COVID-19 crisis.
By Mr Pheara!