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14

2022

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07

China, Vietnam Seek to Foster Bilateral Partnership, including Agricultural Products

Source:

The 14th meeting of the China-Vietnam Steering Committee for Bilateral Cooperation took place Wednesday in Nanning, south China's Guangxi Zhuang Autonomous Region. The meeting was co-chaired by Chinese State Councilor and Foreign Minister Wang Yi and Vietnamese Deputy Prime Minister Pham Binh Minh.

The 14th meeting of the China-Vietnam Steering Committee for Bilateral Cooperation took place Wednesday in Nanning, south China's Guangxi Zhuang Autonomous Region. The meeting was co-chaired by Chinese State Councilor and Foreign Minister Wang Yi and Vietnamese Deputy Prime Minister Pham Binh Minh.

 

The two sides agreed that since the previous meeting of the committee last September, the two sides have worked closely together to maintain the stability of the overall bilateral relationship and cooperation with positive results.Along with regular meetings at all levels, the two sides have seen good cooperation results in the fight against COVID-19, they noted, adding that partnerships in economy, trade, investment and other areas, have also expanded.

 

Vietnam is China's largest trade partner in ASEAN, and the six biggest trade partner in the world. Meanwhile, China has continued to be Vietnam's largest trade partner, they said.

 

Both sides agreed that problems mentioned at the 13th meeting have been settled, while pointing out a number of shortcomings in bilateral trade, including a growing imbalance in bilateral trade, the congestion of goods at border gates, China's slow opening of its market for Vietnamese farm produce, and difficulties in travelling between the two countries due to COVID-19.

 

Deputy PM Minh suggested the Chinese side continue to create favourable conditions for customs clearance activities at border gates, especially for Vietnamese fruits, agricultural and aquatic products, while setting up "green lines" to reduce time for quarantine and customs clearance process.

 

He proposed China open its doors wider for Vietnamese fruits and back the opening of Vietnam's trade promotion office in Chengdu of Sichuan province.

 

The Deputy PM also underlined the need to enhance the efficiency of the Vietnam - China railway route that connects with the railway route linking China and Europe as well as a number of countries, along with the expansion of high-quality investment in areas suitable to Vietnam's demand and sustainable development strategy.

 

He also suggested the formation of new cooperation formats such as trans-border e-commerce, and the improvement of cooperation efficiency in the areas of finance, transport, agriculture, environment, science-technology, education, culture, tourism and sports.

 

Agreeing with Vietnam's cooperation proposals, State Councilor Wang affirmed that China attaches great importance to Vietnam's interest in expanding exports of agricultural and aquatic products to China and ensuring smooth customs clearance at border gates, adding that his country is ready to open and upgrade border gates to meet the demands of both countries.