CONSULATE OF THE
SOCIALIST REPUBLIC OF VIET NAM
IN NEW YORK, THE UNITED STATES OF AMERICA

Vietnam values all-round cooperation with US

Thu, 11/07/2013 - 02:35

Prime Minister Nguyen Tan Dung has vowed that Vietnam is determined to promote multifaceted cooperation, especially in economics and trade, with the US.

The PM made the remark during his meetings with the US Secretary of Commerce Penny Pritzker and the US Trade Representative Michael Froman on September 27 (Vietnamese time) in Washington DC.

The meetings were several appointments the Vietnamese leader will fulfill in the US, which he is visiting to attend the High-level Meetings of the 68 th Session of the United Nations General Assembly.

In the discussions, the PM highlighted the significance of the Trans-Pacific Partnership (TPP) Agreement and its benefits for TTP countries, saying that the deal will positively develop comprehensive relations between Vietnam and the US.

He affirmed Vietnam’s determination to promote negotiations in accordance with the agreement reached between the two sides’ high-ranking officials in 2012, adding that the country is willing to work with the US and other negotiators to hasten the signing of the TPP.

Dung also asked the US to give requisite flexibility for Vietnam in the negotiation stage.

He applauded the US Department of Commerce for its decision that Vietnam does not subsidise warm water frozen shrimp products imported to the US and declared that the Vietnamese Government will continue to facilitate American businesses successfully operating in Vietnam.

The PM urged the US to recognise Vietnam’s market economy and appealed for it to put an end to investigations into 12 trade disputes between the two countries’ businesses, especially in anti-dumping and price-subsidy cases.

For their part, the US representatives committed to actively promoting all-round cooperation with Vietnam, especially in economics, trade and investment.

They expressed their delight at the establishment of a comprehensive partnership framework between the two countries, which is expected to help further strengthen bilateral relations in the time to come.

The two officials spoke of the advancement in negotiations between the two countries in recent TPP negotiation rounds in Malaysia and Brunei, saying that the US will work closely with other members to accelerate the process.

They also acknowledged Prime Minister Dung’s proposals and promised to consider them carefully and make a decision in the near future.

In 2012, two-way trade value between Vietnam and the US hit 25 billion USD.-VNA