The two leaders discussed the situation of relations between the two countries and the two parliaments with the hope that Vietnam and the U.K., especially the parliaments, will jointly set out new orientations and solutions to deepen bilateral cooperation in all fields.
They stressed the need to enhance the comprehensive and substantive relations, both bilaterally and multilaterally, and agreed to maintain all-level delegation exchanges and contacts.
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National Assembly Chairman Vuong Dinh Hue (L) meets Speaker of the UK House of Lords John Mcfall |
Regarding trade and investment collaboration, Hue emphasized that the U.K. is currently Vietnam’s third biggest trade partner in Europe and its leading European investor.
Showing their delight at progress in two-way trade as it hit USD 6 billion last year, both sides proposed the two countries continue bringing into full play the U.K.-Vietnam Free Trade Agreement (UKVFTA) to facilitate U.K. businesses’ expansion of investment in Vietnam, particularly in green finance, pharmaceuticals, health, digital technology, education, startup and clean energy.
N.A. Chairman Hue said Vietnam welcomes the G7's decision to include it among the first three countries to assist in realizing UNCOP 26's commitments, hoping that the U.K. will share its experience in building the road-map and policies in this matter.
Speaker John Mcfall appreciated Vietnam's serious participation in international commitments on environmental protection and emission reduction, affirming that the U.K. will support Vietnam in this field.
Hue thanked the U.K. for having donated nearly 3 million doses of COVID-19 vaccines to Vietnam through bilateral channels and COVAX Facility, and provided medical equipment worth GBP 500,000 (USD 606,700) for the country through the U.N. Children's Fund (UNICEF).
The two leaders stressed the importance of closer cooperation in addressing global issues, as well as appropriate behaviors in international relations, on the basis of respecting international law and global approach, intensifying dialogue and avoiding confrontation.
Hue said he hopes the two parliaments will closely cooperate, and make parliamentary ties an important pillar of the two countries' strategic partnership, contributing to further elevating the relations, building up political trust and enhancing people-to-people exchanges.
Source: VNA