Hanoi (VNA) - Deputy PrimeMinister and Foreign Minister Pham Binh Minh will attend the 14th Foreign Ministers’ Meeting of the Asia-Europe Meeting (ASEM) slated forDecember 15-16 in Madrid, Spain.
Vietnam joined in ASEM as afounding member in 1996, marking an important step in the country’s foreignpolicy on multilaterisation and diversification of relations and internationalintegration.
Among Vietnam’s 28 strategic and comprehensivepartners, 22 are ASEM members, and all ASEM members are the country’s leadingeconomic and trading partners. In combination, they account for 70 percent ofthe country’s total foreign direct investment (FDI) and international tradevalue, and 80 percent of international tourists.
A total 14 out of 16 free trade agreements (FTA) Vietnam hassigned or is negotiating are with ASEM partners.
Over the years, Vietnam has proven itself as a dynamic andresponsible member of the forum./.