Vietnam, China see positive development in bilateral cooperation
Monday, September 17, 2018, 11:46 GMT+7
The comprehensive strategic cooperative partnership between Vietnam and China has grown positively over the past year, with ties boosted across all fields, the countries’ foreign ministers said at a meeting in Ho Chi Minh City.
The 11th meeting of the Steering Committee for Vietnam-China Bilateral Cooperation was convened on Sunday under the chair of Vietnamese Deputy Prime Minister and Foreign Minister Pham Binh Minh and Chinese State Councilor and Foreign Minister Wang Yi.
There has been positive development in the two countries’ comprehensive strategic cooperative partnership since the previous meeting in April 2017, the two officials agreed.
They also pointed out some shortcomings in the bilateral ties, including the trade deficit of Vietnam with China, the slow progress of Chinese-constructed projects in Vietnam, and the slow disbursement of Chinese non-refundable aid for Vietnam.
Regarding economic collaboration, both sides consented on measures to boost bilateral trade, investment, and agro-forestry-fishery, particularly the production of rice, cassava, dairy products and fruit.
The two nations will facilitate the operations of Vietnam’s trade promotion offices in China, encourage Chinese enterprises to invest in Vietnam’s high-tech and sustainable sectors, and direct firms from both sides to clear hurdles to their joint projects.
Focus will also be directed on enhancing collaboration in science-technology, the environment, transport, agriculture, health, culture, education, tourism, and people-to-people exchange.
Both sides agreed to follow their leaders’ common perceptions and the Vietnam-China agreement on basic principles guiding the settlement of issues at sea.
They will step up negotiation on sea-related issues for substantial outcomes, and effectively implement the Declaration on the Conduct of Parties in the East Vietnam Sea (DOC), ensuring a favorable environment for the early establishment of a Code of Conduct (COC) for the waterway.
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