At G20 Summit in South Africa, Prime Minister Pham Minh Chinh proposes the group to coordinate policies to prevent systematic risks and cope with crises; reduce trade barriers and fragmentation of supply chains while promoting initiatives to ensure global stability.

Vietnamese Prime Minister Pham Minh Chinh attended G20 Summit
in Johannesburg, South Africa, on November 22 (local time), at the invitation
of the host, South African President Cyril Ramaphosa.

Addressing the summit, the Prime Minister called on the group to take the lead in building an international cooperation mechanism
that champions mutual respect, to seek solutions to conflicts and to create the
most favorable conditions for development.

The Vietnamese PM was quoted by the Government News as
saying that G20 countries also need to coordinate policies to prevent systematic
risks and cope with crises; reduce trade barriers and fragmentation of supply
chains while promoting initiatives to ensure global stability.

He also called on G20 to work together to ensure a global
rule-based multilateral trading system with the World Trade Organization at its
core and a balanced, transparent and open financial system.

The Vietnamese PM called for equal access to science and technology
and finance for development. He suggested G20 countries enhance cooperation to
ensure that science and trade are not politicized; assist developing countries
to formulate trade policies, develop effective financial systems for rapid and
sustainable development.

PM Chinh urged G20 countries to push for comprehensive
reform of the World Trade Organization to make it more dynamic and effective.

On global governance, he called on the G20 countries to
collaborate with multilateral institutions to enhance dialogue, build a global
governance framework that can ensure balanced economic interests among
economies.

He affirmed that Vietnam stands ready to cooperate with
countries and the international community to build a world of peace,
prosperity, sustainable and inclusive development, to leave no one behind.

VGP-Khanh Chi