At the fourth Vietnam-New Zealand Foreign Ministers’ Meeting (FMM-4) in Auckland on Thursday, Minister Le Hoai Trung and Minister Winston Peters underscored the importance of promoting free trade, market opening and economic connectivity.
They agreed to make effective use of the free trade agreements to which both countries are parties, particularly the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Regional Comprehensive Economic Partnership (RCEP), with a view to raising two-way trade to 3 billion USD.
The two FMs hailed the effectiveness of existing exchange mechanisms and agreed to strengthen policy dialogue, experience sharing, diplomatic training and capacity building, while improving connections between specialised agencies.
The two sides underlined the importance of maintaining an open, inclusive and rules-based regional architecture, promoting dialogue, confidence-building, preventive measures and conflict resolution, thereby contributing to regional peace, stability and development.
On the occasion, New Zealand reaffirmed its support for Vietnam’s role as CPTPP Chair in 2026 and host of APEC 2027, and expressed its readiness to coordinate with and support Vietnam in successfully fulfilling these responsibilities.
