Sep 9, 2012

Russia – Yingluck urges APEC to realise cooperation goals

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VLADIVOSTOK, RUSSIA: Prime Minister Yingluck Shinawatra has urged leaders of Asia-Pacific Economic Cooperation (Apec) member countries to commit to realising commitments the group made in Bogor, Indonesia to avoid trade and investment blocs.

She said all 20 Apec leaders must join hands to create and maintain high employment and to ensure the free flow of goods, services and capital.

"Thailand is ready to play its part to ensure that Apec continues to be a sustainable engine of global growth. Thailand plays a proactive role in various regional contexts, especially the Association of Southeast Asian Nations [Asean] and the Mekong sub-region," Ms Yingluck said.

Apec's regional cooperation frameworks can help revive global growth and employment, Ms Yingluck said during the retreat, which kicked off yesterday and will end today.

Thailand supports the idea of free trade area convergence and transparent free trade area agreements, Ms Yingluck said.

She said connectivity is the key to functioning supply chains and regional integration, and stressed that it must be a priority for all members.

"I believe that through a new rail system, connectivity can be efficiently expanded from Southeast Asia to China and Russia, or from Bangkok to Vladivostok and through to Europe," she said.

Thailand will invest in a north-south high-speed railway and upgrade its existing rail network, Ms Yingluck said.

She also urged Apec leaders to do more on the "software of connectivity" such as establishing common standards, rules and regulations to achieve a smoother flow of goods and services.

Foreign Minister Surapong Tovichakchaikul held a one-hour bilateral talk with his Chinese counterpart Yang Jiechi on the South China Sea problem.

Thailand is acting as a coordinator between Asean and China on the maritime dispute.

Mr Yang agreed with the Thai proposal to resume talks with Asean on a code of conduct after a tense gathering in Phnom Penh during the Asean ministerial meeting in July this year.

Mr Surapong also informed Mr Yang about Thailand's plan to host an international conference on Sustainable Water Resource Management among the six riparian Mekong countries in January.

In separate bilateral talks with Japanese Foreign Minister Koichiro Gemba, Mr Surapong stressed the need to address supply chain reliability and continuity in case of emergencies.




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