Latvia is interested in active political dialogue and economic cooperation with Vietnam

17.07.2019. 15:36

On 17 July 2019 during his official visit, the Minister of Foreign Affairs Edgars Rinkēvičs met with the Deputy Prime Minister of Vietnam and the Minister of Foreign Affairs, Phạm Bình Minh. Edgars Rinkēvičs pointed out the potential for developing relations with Vietnam and stressed that Latvia wants to establish regular and active bilateral dialogue.

Edgars Rinkēvičs mentioned the following directions of cooperation in economics as promising ones: tourism, transport and logistics, engineering solutions, information and communication technologies, pharmaceutics and chemical industry, as well as woodworking. The Minister was pleased that Latvia was the EU Member State whose representatives had first come to visit Vietnam after the EU-Vietnam Free Trade Agreement and the Investment Protection Agreement were signed on 30 June.

During the meeting, the parties agreed that further work was needed to strengthen the bilateral legal framework. Edgars Rinkēvičs welcomed the signing of the Double Taxation Convention by the Latvian and Vietnamese Governments on 19 October 2017, as well as the agreement on cooperation in the field of education to be signed during this visit. The officials also discussed the progress of drafting and negotiating draft agreements on visa waiver for holders of diplomatic passports, readmission and combating illegal immigration. Latvia is interested in working on an agreement for the mutual recognition of higher education degrees and qualifications.

EU-Vietnam cooperation, cooperation in UN and regional formats (ASEM, EU-ASEAN) as well as topical issues in the region were also discussed.

Edgars Rinkēvičs invited the Deputy Prime Minister of Vietnam and the Minister of Foreign Affairs, Phạm Bình Minh to visit Latvia to strengthen political dialogue and promote economic cooperation between the two countries.



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