VIENTIANE – The 27th ASEAN Plus Three (APT) Summit, held in Vientiane, concluded today with a landmark statement on strengthening regional supply chains, reflecting the member countries’ dedication to bolstering economic ties and collaborative efforts. Dr. Kao Kim Hourn, Secretary-General of ASEAN, provided a comprehensive briefing on the strides made in APT cooperation, highlighting the framework’s pivotal role in promoting regional cooperation and tackling new challenges.
The summit, which brought together leaders from the ten ASEAN member states and their three partners – China, Japan, and South Korea – served as a testament to the enduring partnership that has been instrumental in addressing key issues in the region. The APT countries collectively reaffirmed their commitment to not only fortify the existing framework, but also to explore new avenues for deepening their integration.
Throughout the meeting, there was a palpable sense of optimism as the progress of APT cooperation was acknowledged, with discussions centering on enhancing collaboration across diverse sectors, including trade, investment, and technology. The leaders’ adoption of the APT Statement on Strengthening the Connectivity of Regional Supply Chains aligns with this year’s ASEAN Chairmanship theme by Lao PDR, underscoring the importance of interconnectedness in fostering economic resilience and growth.
The statement embodies the collective resolve to develop more robust and efficient supply chains, which is seen as crucial in the face of global economic uncertainties and the ongoing challenges posed by the COVID-19 pandemic. By focusing on connectivity, the APT aims to ensure that the region can navigate through disruptions and maintain the flow of goods, services, and investments.
The summit also addressed the need for sustainable and inclusive economic practices, recognizing that long-term prosperity hinges on the well-being of all member nations and their populations. The discussions reflected a shared understanding that only through cooperation and mutual support can the region thrive amidst the complexities of the modern global landscape.
As the summit concluded, the leaders expressed their gratitude to the host nation, Lao PDR, for its hospitality and the seamless organization of the event. The outcomes of the 27th APT Summit signal a renewed vigor in the partnership, with member countries looking forward to implementing the initiatives agreed upon and continuing their collaborative journey towards a more connected and prosperous Asia. (zai)