Trade investment cooperation is important pillar in Vietnam-EU relations

(VOVWORLD) - Prime Minister Pham Minh Chinh has told Chairman of the European Parliament's Committee on International Trade Bernd Lange that trade - investment cooperation is an important pillar in the Vietnam - EU relations.
Trade investment cooperation is important pillar in Vietnam-EU relations - ảnh 1Vietnamese Prime Minister Pham Minh receives European Parliament's Committee on International Trade Bernd Lange. (photo: VNA)
During their meeting on Friday, the Prime Minister highlighted Vietnam’s foreign policy of independence, self-reliance, and diversification and multilateralisation of international relations, of which the EU is an important partner of the country.
He asked the EU to continue creating favourable conditions for Vietnamese goods to enter its market, and urged its member states to soon finalise the ratification of the EU - Vietnam Investment Protection Agreement so as to further promote bilateral economic ties. He called on the bloc to soon lift the “yellow card” warning and continue providing technical assistance for the country to eradicate illegal, unreported and unregulated fishing.
The Prime Minister recommended the two sides to increase mutual visits and meetings at all levels while maintaining and effectively bringing into play cooperation and dialogue mechanisms to enhance mutual understanding and identify cooperation orientations.
He asked the EU to strengthen ties with Vietnam in climate change response, sustainable development, green transition, and renewable energy.
On this occasion, the government leader asked for the EU facilitation of negotiations towards an equitable energy transition partnership between Vietnam and the G7 countries as well as Vietnam’s production capacity of renewable energy transition equipment and access to green finance.  
Chairman Lange said that Vietnam is one of the EU’s important partners in the region, and the EP always supports stronger bilateral cooperation in all spheres, especially when the EU is carrying out many policies oriented towards the Indo-Pacific region, including Vietnam.
He also spoke highly the prospect of cooperation with Vietnam in climate change response, environmental protection, green growth and energy transition.
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