Currently, over 3/4 of the volume of global trade is transported by sea and 2/3 of them go through the South China Sea. Instability or conflict here will interrupt the flow of this enormous flow of goods and economies not only in the region but the whole world suffer incalculable consequences, maybe even reverse process of economic recovery in the world.
I would like to inform about the situation particularly serious is happening in the South China Sea. From 01/5/2014 far, China has used more than 130 vessels, including military ships and aircraft protection to lower oil and gas drilling platform in a deeper position 80 nautical miles of exclusive economic zones of Vietnam under the UN Convention on the Law of the Sea 1982. This is a particularly serious violation of international law and the Declaration on the Conduct of Parties in the South China Sea (DOC) that China is a signatory finals. This action by China has been a direct threat to peace, stability and security, safety, freedom of navigation and overflight in the South China Sea.
Vietnam always wanted peace, friendship always best restraint, sincerity and goodwill expressed any use any dialogue to protest and ask China to withdraw immediately rig and escorts protected waters off Vietnam, respecting the sovereignty of the islands Vietnam, compliance with international law, the UN Convention on the Law of the Sea in 1982. However, so far China has not only does not meet the legitimate demands of Vietnam but also slander, blaming Vietnam South and continue to use the power, increase the action and threatened infringement increasingly more serious. We are steadfast and determined to defend its sovereignty by peaceful means, in accordance with international law.
The people of Vietnam protest wrongdoing China's unruly. In many places, people spontaneously protested. Some people have these violations, the Government of Vietnam has prevented timely and lawful processing. The situation was completely stable. Businesses help support the appropriate and most operations were back to normal manufacturing business.
Ladies and Gentlemen,
We would like to thank the ASEAN countries and friends around the world have shared and supported Vietnam households protect national sovereignty and legitimate interests of their conformity with international law. We wish to continue to receive support this valuable help. The collaboration unites the international community is essential to prevent acts of spite and violate international law.
I hope you and the World Economic Forum continues to contribute actively to build the Asia - Pacific peace, stability, cooperation and prosperity.
On behalf of the Government and people of Vietnam, I wish you health, happiness and success. I wish the Conference a success.
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