Vietnam, Italy step up cooperation to effectively implement EVFTA and soon ratify EVIPA

WVR/VNA - Vietnam and Italy should step up cooperation in trade and investment, while expanding their collaboration in other fields, Vietnamese Minister of Foreign Affairs Bui Thanh Son said on June 7.
Vietnam and Italy step up cooperation to effectively implement EVFTA  and soon ratify EVIPA
Foreign Minister Bui Thanh Son welcomed Italian Deputy Minister for Foreign Affairs and International Cooperation Manlio Di Stefano. (Photo: Nguyen Hong)

At a reception for Italian Deputy Minister for Foreign Affairs and International Cooperation Manlio Di Stefano in Hanoi, Foreign Minister Bui Thanh Son suggested the two countries consider expanding their partnerships in climate change response, infrastructure, agriculture, food security and personnel training.

Vietnam attaches importance to promoting its strategic partnership with Italy, he said, expressing his delight at the progress of the relationship over the past time.

He called on Italy to help Vietnam access finance and technologies to fulfill its commitments at the 26th United Nations Climate Change Conference of the Parties (COP26) in Glasgow, the UK, last year.

The Foreign Minister also suggested Italy coordinate with Vietnam on the implementation of the EU-Vietnam Free Trade Agreement (EVFTA) and push for the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA), for the sake of their businesses.

Vietnam, Italy step up cooperation to effectively implement EVFTA  and soon ratify EVIPA
Deputy Minister Manlio Di Stefano highly appreciated Vietnam's role and contribution in ASEAN. (Photo: Nguyen Hong)

Deputy Minister Stefano, in reply, lauded the close cooperation between the two countries even amid the COVID-19 pandemic, especially in the maintenance of exchanges by senior leaders and cooperation programmes.

Briefing the host on the outcome of the seventh meeting of the Vietnam-Italy joint committee for economic cooperation, he affirmed that economic cooperation remains a priority in bilateral ties.

The Italian side also committed to increasing trade and investment activities in Vietnam – its leading important partner in the Association of Southeast Asian Nations (ASEAN).

The two sides agreed to effectively roll out an action programme to implement the strategic partnership for 2021-2023, and coordinate to organise activities marking the 50th founding anniversary of diplomatic relations, and the 10th anniversary of the strategic partnership in 2023, including the exchange of high-ranking delegations and cooperation programmes between ministries, agencies and localities of the two countries.

Deputy Minister Manlio Di Stefano thanked Vietnam for backing Italy to become a development partner of ASEAN, commended Vietnam’s contributions to the bloc, and suggested the country further support Italy to increase its presence in the region and promote cooperation projects with ASEAN on sustainable development, space and the environment.

TIN LIÊN QUAN
Review on external affairs from May 30-June 5: Vietnam-Laos to boost defense cooperation; Suggestion of Austria's early ratification of EVIPA
Viet Nam, Italy aim to effectively utilise EVFTA
Differences between UKVFTA and EVFTA
Vietnam represents appealing market for EU investors beyond EVFTA
Vietnam notifies EU of its ratification of EVFTA, EVIPA
(Source: WVR/VNA)