PM Chinh reaffirmed Vietnam's commitment to deepening its strategic partnership with Italy, believing that Lollobrigida's visit would solidify bilateral political, economic and trade relations, especially in agriculture.

Welcoming the signing of a Memorandum of Understanding (MoU) on cooperation between the the Vietnamese Ministry of Agriculture and Rural Development and the Italian Ministry of Agriculture, Food Sovereignty and Forestry, he urged them to concretize and effectively realize the MoU to achieve new milestones in agricultural cooperation, overcome challenges, and strive for a more balanced and mutually beneficial trade relationship.

PM Pham Minh Chinh (right) and Italian Minister of Agriculture, Food Sovereignty and Forestry Francesco Lollobrigida

The PM emphasized the importance of collaboration in deep processing of agricultural products, technology transfer, innovation, digital transformation, green economy and circular economy in agriculture, and fostering connections between businesses to develop agricultural economy.

Vietnam is ready to welcome a greater presence of Italian farm produce to serve local consumers, he said.

Noting that Vietnam is the first country to carry out the 1-million-ha low-emission, high-quality rice program in the Mekong Delta, contributing to the global climate change adaptation, he suggested exploring regional agricultural cooperation between the two countries.

He also urged Italy to accelerate the European Union's removal of the yellow card warning on illegal, unreported and unregulated (IUU) fishing in Vietnam and hasten the approval of the E.U. - Vietnam Investment Protection Agreement (EVIPA).

On the global and regional issues, Chinh proposed continued cooperation to address global challenges like climate change, food security and water security. He also called for the effective implementation of cooperation activities within the framework of the Just Energy Transition Partnership(JETP) Declaration between Vietnam and G7 countries.

Vietnam is ready to serve as a bridge to foster the development partnership between Italy and ASEAN - the current growth center, as well as promote relations between Italy and African countries and other nations through the tripartite cooperation model in ensuring food security, he said.

Minister Lollobrigida, for his part, lauded Vietnam's significant potential and strengths in agriculture.

He expressed Italy's readiness to share experience, technology and machinery, crop varieties and livestock achievements with Vietnam to develop sustainable agriculture with lower emissions and more added values targeting premium markets. Italian universities are also prepared to train Vietnamese students in the field, he added.

The minister said Italy hopes to become Vietnam's leading agricultural partner in the E.U., believing that more Italian agricultural products would be present in Vietnam and the Asia-Pacific. Italy will actively urge relevant E.U. agencies to remove the yellow card warning on Vietnamese seafood at the earliest, he added.

Italy is now the third largest trade partner of Vietnam in the E.U., behind Germany and the Netherlands. Meanwhile, Vietnam is Italy's biggest trade partner in ASEAN, with two-way trade surpassing 6 billion USD in 2023. In 2023, the two countries celebrated the 50th anniversary of their diplomatic relations and the 10th anniversary of bilateral strategic partnership.

Source: VNA