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PM affirms importance of partnership with Italy during talks

Prime Minister Nguyen Xuan Phuc has affirmed that Vietnam always treasures the friendship and multifaceted partnership with Italy, an important member of the European Union (EU).
PM affirms importance of partnership with Italy during talks ảnh 1Prime Minister Nguyen Xuan Phuc (L) and Italian PM Giuseppe Conte review the guards of honour (Photo: VNA)
Hanoi (VNA) – Prime Minister Nguyen Xuan Phuc hasaffirmed that Vietnam always treasures the friendship and multifacetedpartnership with Italy, an important member of the European Union (EU).

He made the statement during talks with his Italiancounterpart Giuseppe Conte in Hanoi on June 5, following the welcome ceremony inthe morning the same day.

The Vietnamese PM welcomed the two-day visit by the Italian governmentleader, which came after the two countries celebrated the 45th anniversary of bilateral diplomatic ties and the fifth anniversary of strategicpartnership last year.

Conte, for his part, lauded Vietnam’s dynamic developmentand rising position on regional and global arena with the successfulorganisation of important international events.

He affirmed that the Italian government wants to furtherreinforce its strategic partnership with Vietnam, and considers Vietnam aleading partner in Southeast Asia, evidenced by the selection of Vietnam as thevenue for the third High-Level Dialogue on ASEAN – Italy Economic Relations.

The two PMs agreed that Vietnam – Italy ties have thrived indiverse areas since the establishment of bilateral strategic partnership inJanuary 2013.

They vowed to continue facilitating all-level visits andenhance joint work across politics-diplomacy, economy, culture, education –training, science-technology, national defence-security, sustainabledevelopment, climate change response, locality-to-locality connectivity whilestrengthening existing cooperation mechanisms such as strategic dialogues at deputyforeign ministerial and deputy defence ministerial levels, Vietnam – ItalyJoint Committee for Economic Cooperation, and carry out reached cooperationagreements.

Welcoming the fact that Vietnam is Italy’s largest tradepartner in ASEAN, the PMs promised to make it easier for the two nations’ firmsto partner up in fields of Italy’s strength and Vietnam’s demand such asmechanical engineering, infrastructure, textile and garment, footwear, woodprocessing, support industry, construction materials, oil and gas, renewableenergy and food processing.

Both sides expressed determination to raise two-way trade to6 billion USD by 2020 and 10 billion USD in subsequent years from the currentlevel of nearly 5 billion USD.

PM Phuc welcomed the initiative to hold the third High-LevelDialogue on ASEAN – Italy Economic Relations in Hanoi, describing it as animportant opportunity for Italy to foster trade and investment ties withVietnam and ASEAN member states.

He said with its central position in the network of freetrade agreements in Asia-Pacific, Vietnam will serve as a gateway for Italianenterprises to expand to Southeast Asia and Asia-Pacific.

Host and guest agreed on the importance of the EU – VietnamFree Trade Agreement and the EU – Vietnam Investment Protection Agreement.Conte expressed his support for the early signing and ratification of those deals,which, he said, will contribute to promoting bilateral trade and investment,meeting interests of each side.

Discussing regional and global issues of shared concern, thePMs pledged to work closely together and offer mutual support at multilateralforums such as the United Nations, the Asia-Europe Meeting, and the ASEAN – EU.

They also highlighted the significance of maintaining peace,stability, security, safety and freedom of maritime and aviation in the EastSea as well as the settlement of disputes by peaceful means on the basis ofrespect for international law, including the 1982 UN Convention on the Law ofthe Sea.

The Vietnamese leader accepted an invitation to visit Italyby his Italian counterpart. The specific timeline will be arranged viadiplomatic channel.-VNA
VNA

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