Vietnam, Thailand to lift two-way trade to 25 billion USD
(VOVWORLD) - The top legislators of Vietnam and Thailand agreed to maintain all-level exchanges, especially existing bilateral cooperation mechanisms during on line talks on Monday.
Vietnamese National Assembly (NA) Chairman Vuong Dinh Hue suggested the two countries soon sign the action program to realise enhanced strategic partnership for the 2021-2025 period, accelerate talks and signing of important legal documents, and create favorable conditions to lift two-way trade to 25 billion USD in a more balanced manner.
Vietnam and Thailand should jointly step up Greater Mekong Sub-region (GMS) cooperation mechanisms, combining GMS development with the process of building ASEAN Community, he said.
Mr. Hue also suggested Thailand boost investment in tourism, hi-tech agriculture, information technology and clean energy in Vietnam.
He asked Thailand to continue working closely with Vietnam to promote ASEAN’s common stance on the East Sea issue, thus ensuring peace, stability, security, maritime and aviation safety and freedom in line with international law, especially the 1982 United Nations Convention on the Law of the Sea, fully and effectively abiding by the Declaration on the Conduct of Parties in the East Sea (DOC) and soon reaching a practical and effective Code of Conduct in the East Sea (COC) in accordance with international law.
President of the National Assembly of Thailand Chuan Leekpai underscored the importance of maintaining peace and stability to contribute to regional development.
He expressed his support for bolstering bilateral trade, reducing barriers and deepening ties.