Vietnam-New Zealand: Stepping up Promotional Activities, Opening Up Commodity Market
|Prime Minister Pham Minh Chinh affirmed that Vietnam values and wishes to promote the strategic partnership with New Zealand. Photo: congthuong.vn
On the occasion of attending the World Economic Forum (WEF), on June 27, Prime Minister Pham Minh Chinh had a bilateral meeting with New Zealand Prime Minister Chris Hipkins.
At the meeting, the two Prime Ministers were pleased to see the good progress of the two countries' relations in recent years, in which the two sides maintained regular high-level delegation exchanges. Bilateral trade maintained a rapid growth momentum, reaching nearly US$1.3 billion in 2022 in the context of many difficulties and challenges.
Considering that Vietnam and New Zealand still has a lot of room to further promote economic and trade cooperation, the two Prime Ministers proposed ministries to step up promotional activities, and open up markets for each other's goods, including agricultural products, aiming to bring two-way trade turnover to reach the target of US$2 billion in 2024.
Prime Minister Pham Minh Chinh said Vietnam values and wishes to promote the strategic partnership with New Zealand. The Prime Minister conveyed the greetings of senior Vietnamese leaders to New Zealand Governor-General Dame Cindy Kiro.
He also affirmed that the Vietnamese Government will create conditions, and encourage New Zealand businesses to invest in Vietnam in areas New Zealand has strengths and Vietnam has great needs such as education-training, processing technology, manufacturing, agriculture, forestry, fisheries, and construction.
He asked New Zealand to support and create favorable conditions for Vietnamese businesses to invest in the country.
|Prime Minister Pham Minh Chinh and New Zealand Prime Minister Chris Hipkins. Photo: VNA
New Zealand Prime Minister Chris Hipkins congratulated Vietnam on its achievements in socio-economic recovery.
He also agreed with the ideas and proposals of Prime Minister Pham Minh Chinh, especially promoting bilateral cooperation with economy and trade as the focus, as well as enhancing coordination between the two sides at multilateral forums.
The New Zealand Prime Minister emphasized his support for ASEAN's central role in regional affairs. The two leaders emphasized the importance of maintaining and promoting peace, security, stability, safety, and freedom of navigation in the South China Sea.
The two countries promote dialogue, strengthen trust, and settle disputes by peaceful means in accordance with international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS).
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