Talking to the Vietnamese ambassadors to the Czech Republic, Poland, Slovakia and Belgium at the event in Mikulov town of the Czech Republic on July 8-9, Zahradil said the E.P. has passed a report on the Indo-Pacific strategy in the area of trade and investment which highlights the situation in the Indo-Pacific region and stresses the importance of the E.U.’s free trade agreements with partners in the region.
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Producing tra fish for export (Photo for illustration) |
Notably, he said, the report calls on E.U. members to ratify the E.U.-Vietnam Investment Protection Agreement (EVIPA) so that it can take effect early and create optimal conditions for promoting the E.U.’s investment in the region and Vietnam.
Zahradil, a representative of the Czech Republic’s Civic Democratic Party (ODS) at the E.P., noted Vietnam holds a special position in this report when it is a member of both the Association of Southeast Asian Nations (ASEAN) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
He also said he is impressed with Vietnam’s economic development achievements, particularly the GDRP growth of 7.72% in the second quarter and inflation kept under 3%.
Addressing the meeting, Vietnamese Ambassador to the Czech Republic Thai Xuan Dung said Vietnam and the E.U. have paid attention to intensively and extensively developing their comprehensive partnership and cooperation.
The E.U. is currently the fifth largest trading partner and the second biggest importer of Vietnam. Bilateral trade grew 14.8% to 63.6 billion USD in 2021 despite impacts of the COVID-19 pandemic, he noted.
Zahradil told Vietnam News Agency that as Vietnamese people in the Czech Republic is one of the largest Vietnamese communities in the E.U., he has the responsibility for consolidating Vietnam’s relations with the Czech Republic and the E.U. as a whole.
Vietnam holds a special position in Southeast Asia when it is the only country to have a free trade agreement (EVFTA) and an investment protection agreement (EVIPA) with the E.U., an advantage for it to capitalize on development opportunities, according to him.
He said Vietnam and the Czech Republic boast long-standing and sound relations, adding that serving in the E.U. Council’s presidency from now to the end of 2022, his country will have more chances to further promote bilateral and E.U. ties with Vietnam.
Source: VNA