Asean, China, Japan, S.Korea vow to keep open markets against Covid-19 epidemic

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Asean, China, Japan, S.Korea vow to keep open markets against Covid-19 epidemic
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HANOI (Xinhua): Economic ministers of the 10 member states of the Association of South-East Asian Nations (Asean), China, Japan and South Korea on Saturday (June 6) reaffirmed the importance of open markets amid the Covid-19 pandemic and the need for efforts against the epidemic's adverse impact.

The economic ministers held an online meeting on Thursday, chaired by Vietnamese Minister of Industry and Trade Tran Tuan Anh, and adopted the Asean-Plus Three Economic Ministers' Joint Statement on Mitigating the Economic Impact of the Covid-19 Pandemic.

They agreed to refrain from taking unnecessary measures that may affect the smooth flow of essential goods such as food, commodities, medicines and medical supplies in the region, and to continue to address non-tariff barriers, especially those impeding the smooth flow of goods and services. According to the statement, the ministers agree to support businesses, particularly the micro, small and medium enterprises and the vulnerable economic sectors, and welcome knowledge sharing and exchanges of best practices on policies and programs to manage the pandemic's adverse effects on economic activities.

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