Vietnam and EU Elevate Ties Through Strategic Partnership Framework
Vietnam and the European Union officially improved their relationship by putting a new Comprehensive Strategic Partnership framework into action. The upgrade shows that both sides want to deal with global uncertainty by working together more closely on politics and the economy. Leaders said that building trust is the key to long-term cooperation between the two countries.
The partnership is the EU’s most cooperative relationship with an ASEAN member state. Vietnamese officials said that this step was important for the history of regional diplomacy and trade integration. Both sides promised to turn their strategic goals into measurable results of cooperation.
Source: Euronews.com
Tô Lâm Highlights Political Trust and Long Term Development Goals
Tô Lâm stressed the need for more dialogue to build political trust in the face of changing global problems. He talked about Vietnam’s long-term goals, which include becoming a modern industrial country with a high standard of living by the middle of the century. Targets for economic growth show that people are sure that reforms will keep going.
Vietnam’s plan for growth puts social welfare and protecting its sovereignty ahead of everything else. The leaders said again that they were committed to multilateralism and international law. Vietnam follows these rules when working with important global partners.
António Costa Says the EU Wants to Work Together More Deeply
During his official visit, António Costa praised Vietnam’s accomplishments and growing power in the region. He stressed that the EU is ready to work together more on trade security and the green transition. The visit showed that people believe in Vietnam’s path of reform.
The EU sees Vietnam as an important partner for strong supply chains and long-term growth. Cooperation will also include the marine economy, infrastructure, and innovation sectors. It was found that political trust is important for broadening the scope of collaboration.
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Trade and Investment Supported by the Implementation of EVFTA
Both sides promised to fully carry out the EU Vietnam Free Trade Agreement. Officials said that expanding trade was a key part of reaching larger strategic goals. It is still important for the economy to diversify supply chains.
The EVFTA gives a structured way to lower tariffs and make rules more similar. Leaders think the deal will open up more investment opportunities. Doing things right will make both economies more resilient.
Security Defence and Maritime Cooperation Gain Momentum
Vietnam and the EU agreed to talk more about working together on security and defense. There was a lot of talk about maritime security and the right to free navigation. These areas show that people in the region want to keep things stable.
Working together will also help with security problems that aren’t common. Both sides stressed the importance of settling disputes peacefully according to international law. Working together on defense issues goes hand in hand with working together on economic and political issues.
Science Technology and Innovation Drive Future Collaboration
Digital transformation and innovation were called out as key drivers of growth. The EU promised to help with training in technology and the development of high-quality human resources. Vietnam wants to make innovation a part of its development model.
Joint efforts will focus on research in science and new technologies. Building capacity is still the most important part of long-term cooperation. Innovation collaboration helps both sides reach their goals of being more competitive.
Roadmap and High Level Exchanges Shape Next Phase
The leaders agreed to make a useful plan for putting the partnership framework into action. High-level exchanges and visits from delegations will make coordination stronger. Multilateral forums are places where people from all over the world can work together.
Vietnam’s leaders said yes to an official invitation to visit the EU. The gesture shows that there is faith in the continued progress of diplomacy. Both sides see the partnership as a relationship that is always changing.
