At a recent press briefing, Indonesian Trade Minister Gita Virjiawan underlined the need to establish an open and free trade and investment area in Asia and the Pacific by 2020.
To this end, APEC should focus not only on removing regulations and reducing trade barriers, but also on maintaining and enhancing investment to ride out the global economic recession.
Vietnamese Deputy Minister of Industry and Trade Tran Quoc Khanh met his Chilean counterpart Alvaro Jana in Indonesia on April 19, discussing trade cooperation between the two countries and international issues of mutual concern, including the Trans-Pacific Partnership Agreement (TPP).
At the second public forum on competitive services held in Indonesia the same day, delegates introduced initiatives highlighting the emerging role of services in trade and investment, developing the services sector for infrastructure and connectivity, and identifying business priorities in building competitiveness for regional economic integration.
Vietnamese ambassador to Indonesia Nguyen Xuan Thuy attended the forum.
