Vietnam continues working with ASEAN to boost cooperation with RoK

(VOVWORLD) -Prime Minister Nguyen Xuan Phuc’s trip to the Republic of Korea for the ASEAN-RoK Commemorative Summit and an official visit to RoK from Wednesday to Friday was a success, said Deputy Foreign Minister Nguyen Quoc Dung. 

Vietnam continues working with ASEAN to boost cooperation with RoK - ảnh 1 Prime Minister Nguyen Xuan Phuc (fifth, right) and RoK President Moon Jae-in (centre) and other leaders pose for a photo at the ASEAN-RoK Commemorative Summit in Busan

(Photo: VNA)

Mr. Dung told reporters that as Vietnam is the next ASEAN Chair, PM Phuc had played an active role at the summit. The Vietnamese leader pointed out important directions for reinforcing and elevating ASEAN-RoK relations in the next 30 years with four priorities, namely increasing the strategic aspects of their ties, bolstering balanced and win-win economic cooperation, stepping up comprehensive connectivity, and cooperation to develop marine economy and the environment sustainably. These priorities match the attention and priorities of both the RoK and ASEAN, and they are also the focuses Vietnam will promote as the ASEAN Chair in 2020, the deputy minister said. He added PM Phuc also vowed that Vietnam will continue working closely with other ASEAN countries to further intensify the strategic partnership and all-round collaboration with the RoK to bring bilateral ties on par with both sides’ potential and aspirations. At the event, ASEAN countries and the RoK expressed their belief in and affirmed that they will strongly support Vietnam to successfully fulfill its role as ASEAN Chair next year, the official noted.

Mr. Dung said PM Phuc’s visit to RoK creates a premise for further bilateral strategic cooperative partnership. Through meetings between the Vietnamese Prime Minster and the Korean leaders, both sides agreed to deepen their economic cooperation, promote trade ties towards balance and sustainability to achieve  the goal of 100 billion USD in trade revenue, and expand investment cooperation so that RoK will retain its position as the top foreign investor in Vietnam.

During the visit, 8 cooperative documents were signed. 30 MoU and investment licenses and decisions worth 19.5 billion USD were exchanged or signed.  

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