TPO - Special Envoy of the Prime Minister, Minister of Industry and Trade Nguyen Hong Dien recently had a meeting with Mr. Jamieson L. Greer - Chief US Trade Representative to discuss promoting bilateral economic and trade cooperation between Vietnam and the US.
TPO - Special Envoy of the Prime Minister, Minister of Industry and Trade Nguyen Hong Dien recently had a meeting with Mr. Jamieson L. Greer - Chief US Trade Representative to discuss promoting bilateral economic and trade cooperation between Vietnam and the US.
This is the first important, direct and official working session at the ministerial level between the two countries since the US had a new administration.
At the meeting, Minister Nguyen Hong Dien affirmed that Vietnam always considers the US a leading important partner, wishing to promote the comprehensive strategic partnership between the two countries to develop strongly, substantially, deeply and sustainably, contributing to enhancing understanding and strategic trust between the two countries.
Minister Nguyen Hong Dien said that the economies and import-export structure of Vietnam and the US are complementary, so trade turnover between the two countries has increased rapidly and stably over the past many years, ensuring important foundations and maintaining national interests in bilateral cooperation.
"Vietnam's consistent policy is to wish to build a harmonious, sustainable, stable, and mutually beneficial economic and trade relationship with the US; it has no intention of creating any obstacles that could harm workers or the economic and national security of the US," Minister Dien shared.
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Minister of Industry and Trade Nguyen Hong Dien is on a working trip to the US. Photo: BCT. |
The leader of the Ministry of Industry and Trade said that Vietnam is proactively implementing measures to promote economic, trade and investment relations with the US in a comprehensive, harmonious and sustainable manner; requested that the two countries' technical levels continue to discuss so that the US can soon recognize Vietnam's market economy status; said that this will be an important decision, commensurate with the stature of the current comprehensive strategic partnership between the two countries.
US Trade Representative Jamieson Greer highly appreciated the proactive coordination and frank, responsible, and goodwill views of the Minister of Industry and Trade in clearly understanding and directly addressing the direction of handling current US concerns.
Mr. Greer said that the new US trade policy is designed purely to further promote trade and investment, protect economic security, national security and US workers; not to harm partner countries. However, in trade exchanges, the parties must achieve commensurate economic benefits; accordingly, Vietnam needs to have stronger solutions to open the market and improve the trade balance in the coming time.
Referring to concerns about the developments in US tariff policies, Minister Nguyen Hong Dien and US Trade Representative Jamieson Greer said that this is the time for Vietnam and the US to work closely together to create a fair and sustainable business environment through proactively reviewing and considering the removal of trade barriers that hinder investment and business activities; building an effective control mechanism for trade fraud, origin fraud, and illegal transshipment.
The two sides agreed to conduct regular consultations at the technical level to promptly resolve specific issues that arise in order to build a harmonious, sustainable, and stable economic and trade relationship in line with the comprehensive strategic partnership between the two countries.
In 2024, bilateral trade turnover between Vietnam and the US will reach nearly 150 billion USD. The US will become the second largest trading partner and one of Vietnam's most important export markets.
Source: https://tienphong.vn/dac-phai-vien-cua-thu-tuong-pham-minh-chinh-sang-my-lam-viec-ve-thuong-mai-post1724935.tpo
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