Vietnam, US officials hold virtual ministerial talks on reciprocal trade
WVR/VNA - On 19 June, Minister of Industry and Trade Nguyen Hong Dienheld simultaneous online talks with US Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer, as the two countries continue negotiations towards a reciprocal trade agreement.
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| Vietnam, US officials hold virtual ministerial talks on reciprocal trade: At the simultaneous online talks between Minister of Industry and Trade Nguyen Hong Dien and US Secretary of Commerce Howard Lutnick and Trade Representative Jamieson Greer on June 19 (Photo: VNA) |
The ministerial discussions focused on identifying solutions and orientations to resolve existing obstacles hindering the negotiation process.
Minister Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
He underscored Vietnam’s wish to work with the US in developing harmonised and practical rules of origin that are well-suited to global supply chains, ensure non-discrimination, and create favourable conditions for businesses in both countries.
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| Vietnam, US officials hold virtual ministerial talks on reciprocal trade: At the event. (Photo: VNA) |
The US officials commended Vietnam’s efforts and goodwill in addressing outstanding issues. They noted that such an approach would provide a sound basis for the US to consider reciprocal tariff measures that are appropriate to Vietnam’s specific conditions and circumstances.
Both US Secretary of Commerce Lutnick and Trade Representative Greer affirmed the US’s willingness and determination to reach an agreement that serves the mutual interests of both sides. Greer added that the Office of the United States Trade Representative (USTR) would soon finalise and return the necessary documents to Vietnam to facilitate further discussions.
(Source: WVR/VNA)
