Vietnam, Mexico Strengthen All-round Cooperation

Chairman of the National Assembly Vuong Dinh Hue affirmed Vietnam’s wish to enhance traditional ties with Mexico during virtual talks over the phone with President of the Mexican Senate Olga Sanchez Cordero on July 18.
July 19, 2022 | 14:00
Vietnam, Mexico Strengthen All-round Cooperation
National Assembly Chairman Vuong Dinh Hue at the online talks with President of the Mexican Senate Olga Sanchez Cordero on July 18. Photo: VNA

National Assembly Chairman Vuong Dinh Hue said Vietnam is keen to further strengthen ties with Mexico through high-level exchanges and making use of existing cooperation mechanisms such as political consultation, as well as the joint committee for economic, trade, and investment cooperation.

In response, Cordero extended her greetings to Hue and said that parliamentary diplomacy represents an important foreign policy channel, particularly as it contributes to enriching relations between countries, bringing different peoples closer together and boosting understanding about culture and diversity from countries like Vietnam.

Both legislative leaders informed each other about the encouraging results the two countries have recorded in post-pandemic socio-economic recovery and development, as well as policies and decisions made by the two legislative bodies aimed at supporting their respective economies and cushioning the impact of the pandemic.

They noted that despite the negative impact of the Covid-19 pandemic, two-way trade turnover between Vietnam and Mexico last year reached US$5.06 billion, up 37.5% year on year, cited VOV.

The two leaders shared the view that the two countries boast great potential for stronger economic and trading ties, especially when they are both members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

They, therefore, agreed that the legislative bodies of each side should seek to create favorable conditions for their businesses to access each other’s markets and fully tap into the numerous incentives brought about by the CPTPP.

Vietnam is willing to share its experience in disease control and post-pandemic economic recovery with Mexico, whilst further strengthening bilateral trade relations in a more balanced direction to create conditions for products and businesses of the two countries to enter each other’s markets, Hue told Cordero.

Vietnam, Mexico Strengthen All-round Cooperation
President of the Mexican Senate Olga Sanchez Cordero (L) and National Assembly Chairman Vuong Dinh Hue at the talks on July 18. Photo: VNA

Hue noted Vietnam is ready to work with Mexico to further promote trade relations in a more balanced manner and create conditions for the two countries’ enterprises to increase investment in each other’s markets.

Cordero said the Mexican parliament supports the countries’ negotiation, finalization and signing of important cooperation deals such as an agreement on customs cooperation, an agreement on double taxation avoidance and another on cooperation in higher education, thus creating a legal basis for bilateral collaboration to develop stably and sustainably.

The two top legislators also highly valued the partnerships in defense, culture, education and traditional medicine.

Hue underlined Vietnam’s readiness to boost defense-security ties, particularly in policy exchange, maritime security, participation in the peacekeeping force, terrorism and transnational crime fight, and defense personnel training.

Meanwhile, Cordero also agreed to bolster partnerships in cross-border crime combat and other priority issues in security.

Regarding multilateral cooperation, the Vietnamese NA Chairman spoke highly of the close coordination and mutual support at international organizations and multilateral forums such as the United Nations when both served as non-permanent members of the UN Security Council (Vietnam in 2020 - 2021 and Mexico in 2021 - 2022) and are currently members of the World Trade Organization (WTO), the Asia-Pacific Economic Cooperation (APEC), and the Forum for East Asia - Latin America Cooperation (FEALAC). They are also working together to effectively implement the CPTPP.

He thanked Mexico for advocating Vietnam’s candidacy for a seat in the UN Human Rights Council for 2023 - 2025 and the Commission on the Limits of the Continental Shelf for 2023 - 2028.

He expressed his hope for continued mutual support at multilateral forums, adding that Vietnam is ready to support Mexico to enhance cooperation with other ASEAN countries.

The Mexican Senate President held that the two countries share many common values on the basis of respect for independence, sovereignty, friendship and multilateralism. She also affirmed her country’s support for Vietnam at multilateral forums.

The leaders shared the view that the two parliaments should strongly promote the governments’ establishment of a comprehensive partnership between Vietnam and Mexico. They also spoke highly of parliamentary cooperation in bilateral and multilateral aspects and affirmed the important role of this cooperation in enhancing bilateral ties, according to VNA.

They agreed to boost delegation exchanges between the parliaments’ leaders, specialized agencies and friendship groups, increase sharing experience, and maintain consultation, coordination and mutual support at multilateral cooperation mechanisms as well as regional and international parliamentary forums.

They agreed to coordinate closely to further step up relations between the Vietnamese and Mexican States, parliaments and people, voicing their belief that the bilateral friendship and cooperation will keep thriving for the sake of their people and for regional and global peace, stability, cooperation and development.

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