UK highly appreciates economic, trade cooperation with Vietnam

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British Prime Minister’s Trade Envoy to Vietnam, Laos and Cambodia, Edward Vaizey, said cooperation with Vietnam, a dynamic economy with impressive growth, will bring in positive results.

As the UK is negotiating to leave the European Union, Vaizey expressed his hope that the UK and Vietnam will reach a free trade agreement (FTA).

British Prime Minister’s Trade Envoy to Vietnam, Laos and Cambodia Edward Vaizey. (Photo: VNA)

He said that one of his priorities will be to bolster trade with Vietnam and ensure that the British Government sees the significance of a free trade deal with Vietnam, one of the fastest growing economies in Asia.

In regard to the hosting of the APEC Economic Leaders Meeting, Vaizey said it is an important event for Vietnam when leaders from 21 member economies will gather to discuss measures to increase trade among them.

He stressed that the Asia Pacific is strong enough to reach the Trans-Pacific Partnership despite the US’s withdrawal from the pact, adding that London always supports the removal of trade barriers among economies to bring more choices to consumers and nudge them closer to top-quality products with lower prices.

Vaizey also highlighted the importance of maritime safety so that ships and goods can move smoothly. The UK has a long history of maritime issues and is willing to support the region in fields of its experience, he added.

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