Vietnam forges multi-faceted cooperation with UAE: Foreign Minister
|Minister of Foreign Affairs Bui Thanh Son (right) and Abdulnasser Alshaali, Assistant Minister for Economic and Trade Affairs at the Ministry of Foreign Affairs and International Cooperation of the United Arab Emirates (UAE). (Photo: WVR/Tuan Anh)|
The Vietnamese Minister noted with pleasure the rapid and strong developments in bilateral relations, especially in the economy, trade and investment.
He affirmed the importance Vietnam attaches to the friendship and multi-faceted cooperation with the UAE, one of its leading trade, investment and labour partners in the Middle East.
The Minister urged the two sides to enhance all-level delegation exchanges and soon organise the second political consultation between the two Foreign Ministries, while taking specific measures to foster collaboration, particularly in the economy, trade and investment.
Foreign Minister Son highlighted the initiative to establish a joint business council with the participation of state management agencies and businesses of both sides.
Vietnam will create optimal conditions for UAE firms to seek and join business and investment projects in the Southeast Asian nation, he said, calling on them to increase investments in agriculture.
The Minister suggested accelerating the negotiations and signing of cooperation documents in finance and banking to create a legal corridor for bilateral collaboration.
Speaking highly of Vietnam’s achievements in national construction and development, Abdulnasser Al Shaali emphasised that the UAE attaches importance to the country’s role and influence in Asia-Pacific.
|Foreign Minister Bui Thanh Son received Abdulnasser Alshaali, Assistant Minister for Economic and Trade Affairs at the Ministry of Foreign Affairs and International Cooperation of the UAE. (Photo: WVR/Tuan Anh)|
The UAE wishes to boost multi-faceted cooperation with Vietnam, particularly in the economy, push ahead with the establishment of the business council as well as the negotiations and signing of a bilateral free trade agreement, and utilise the UAE’s existing preferential policies to bring Vietnamese goods to the Middle East and Africa, he said.
The UAE also wishes to forge cooperation with the Association of Southeast Asian Nations (ASEAN), he added.
Earlier the same day, Abdulnasser Al Shaali held talks with Assistant to the Minister of Foreign Affairs Nguyen Minh Hang, during which they agreed on orientations and measures to beef up bilateral ties in the time ahead.
On this occasion, the two sides held a roundtable seminar that brought together many UAE businesses operating in transport, finance, investment, education and energy.
Last year, despite difficulties caused by the COVID-19 pandemic, the two-way trade reached 5.3 billion USD, up 21 percent year-on-year.