Vietnam attaches importance to developing relations with Liechtenstein
(VOVWORLD) -Vietnam attaches importance to developing relations with Liechtenstein and wishes to promote cooperation in all fields, especially economics, Prime Minister Pham Minh Chinh said at a meeting with his Liechtenstein counterpart Daniel Risch on the sidelines of the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday.
 Prime Minister Pham Minh Chinh and Liechtenstein Prime Minister Daniel Risch. Photo: baochinhphu.vn |
PM Chinh proposed that both sides continue to strengthen the legal framework for bilateral cooperation and explore new potential areas for collaboration.
He reiterated Vietnam's desire to soon conclude negotiations for a free trade agreement (FTA) with the European Free Trade Association (EFTA), which consists of Iceland, Liechtenstein, Norway, and Switzerland, as well as to advance negotiations for and conclude an investment protection agreement.
PM Risch expressed his hope that the Vietnam-EFTA FTA negotiations could be completed this year, and that both sides could proceed with talks for a double taxation avoidance agreement.
He held that the two countries share similarities that can facilitate their cooperation, adding many Liechtenstein businesses are highly interested in the Vietnamese market.