III. Advocate open and win-win cooperation. Regarding each other’s development as opportunities, we will synergize our development strategies and raise our cooperation to higher levels. To this end, the three countries will strive to realize a free, fair, non-discriminatory, transparent, predictable and stable trade and investment environment and to keep our markets open. We reaffirm our support for the necessary reform of the World Trade Organization to improve its functions.
Understanding the crucial role of a rules-based multilateral trading system, we uphold the spirit of free trade and multilateralism and will work together to enforce existing international rules and to ensure a level playing field to foster an enabling business environment. We reaffirm our commitment described in the Joint Leaders’ Statement on the Regional Comprehensive Economic Partnership released in 2019. Building upon the RCEP negotiations, we will speed up the negotiations on the Trilateral Free Trade Agreement, aiming to realize a comprehensive, high-quality and mutually beneficial Trilateral Free Trade Agreement with its own value.
We encourage more trilateral cooperation among local governments as well as enterprises through existing mechanisms. We will explore new areas and models of cooperation, and work together to promote economic globalization and free trade, to bring greater stability and certainty to the global economy.
Welcoming the successful holding and outcomes of G20 summits including the Osaka summit, the three countries will continue to enhance cooperation and show leadership under the frame of G20.
IV. Lead the way in the scientific and technological revolution. We will advance science and innovation cooperation to address common regional and global issues through existing mechanisms. We will encourage cooperation on digital economy and telecommunication. We will continue a high degree of communication and coordination among the three countries to cope with possible financial instability. We will enhance the regional financial cooperation including by strengthening the Chiang Mai Initiative Multilateralisation (CMIM) and the capacity of ASEAN+3 Macroeconomic Research Office (AMRO).
V. Enhance regional connectivity and infrastructure cooperation including transport and logistics areas. Infrastructure is a driver of economic growth and prosperity. We stress the importance of maximizing the positive impact of infrastructure to achieve sustainable growth and development, as well as the importance of economic, social, financial, fiscal and environmental sustainability of projects, and reaffirm the need to promote sustainable, high quality infrastructure in line with broadly accepted international principles, to facilitate trade, investment and service competitiveness in the region.
VI. Reaffirm our commitment to achieve the 2030 Agenda for Sustainable Development. We stress that eradicating poverty in all its forms and dimensions, including extreme poverty, is the greatest global challenge and an indispensable requirement for sustainable development. We will further enhance our cooperation in economic, social and environmental dimensions. We underline the significance of cooperation in circular economy and resource efficiency, agriculture, forestry, fisheries, and arctic. We will continue to support and promote the joint efforts to tackle issues of common interest including marine plastic litter, air pollution, biodiversity loss, invasive alien species management, and trans-boundary animal diseases. We will promote healthy and active ageing through comprehensive policy measures. We will also continuously strengthen cooperation in disaster risk reduction in line with the "Sendai Framework for Disaster Risk Reduction 2015-2030" and universal health coverage supported by robust financing in a sustainable manner. We recognize the urgent need to address climate change by taking feasible and concrete actions. We reiterate our strong commitment to fully implementing the United Nations Framework Convention on Climate Change and Paris Agreement.
VII. Promote mutual learning in the fields of culture and people-to-people exchange. We will carry forward East Asia’s cultural traditions, and foster East Asian win-win cooperation. Taking the historical moment of the Olympic and Paralympic Games held successively in the three countries, we will promote further the spirit of friendship and collaboration by enhancing sports cooperation. Through diverse cultural and educational exchange activities for people-to-people engagement, we will continue to enhance understanding and trust among our peoples, and lay a stable, healthy and friendly social foundation for the trilateral cooperation. We will actively promote tourism exchange and deepen the mutual trust among our peoples.
VIII. Achieve overall revitalization and common development. We will expand the depth and width of the trilateral cooperation, fully harness each other’s comparative advantages, and extend the benefits of the trilateral cooperation to other countries and regions. We will advance the "Trilateral+X" cooperation, by jointly making plans and taking collective actions to expand cooperation with other countries, help narrow regional development gaps and achieve common development.