PM asks for more efforts to boost trade ties with key partners

Prime Minister Nguyen Xuan Phuc has ordered ministries and sectors to devise active and practical plans to promote domestic production, create more jobs, and ensure harmonious trade relations with key partners of the country in the principle of equality and mutual benefits.
PM asks for more efforts to boost trade ties with key partners ảnh 1Prime Minister Nguyen Xuan Phuc (centre) at the meeting (Source: VNA)

Hanoi (VNA) - Prime MinisterNguyen Xuan Phuc has ordered ministries and sectors to devise active andpractical plans to promote domestic production, create more jobs, and ensureharmonious trade relations with key partners of the country in the principle ofequality and mutual benefits.

Speaking at a meeting between permanent members of the government andrepresentatives of relevant ministries and sectors in Hanoi on July 13 to discussmeasures to further expand trade cooperation between Vietnam with its bigpartners, the PM stressed that these tasks are necessity to ensuremacro-economic stability and maintain the country’s growth and sustainabledevelopment.

He requested ministries, sectors and localities to pay attention to removingbarriers, thus making it easier foreign enterprises and investors, especiallythose having environmentally-friendly high technologies and huge financialpotential, regional and global supply chains, to effectively carry out projectsin Vietnam.

During the meeting, the participantsreviewed reports presented by ministries and sectors to give an overview assessmentof trade relations between Vietnam and its big partners, including the US,China, the Republic of Korea, ASEAN and Japan, and analyse weaknesses that needto be overcome.

Specific solutions and action programmes were proposed to build sustainable andbalanced trade relations with partners, to combat trade frauds, and fraudulenceof goods origin.

In the long-term, PM Phuc asked relevant ministries and sectors to perfectpolicies and institutional frameworks related to issues such as trade, monetarymatters, finance-banking, IT and cyber security, in order to  match with advanced international standardsand international commitments that Vietnam has made.

The government leader also requested ministries and agencies to map out plansto cope with unexpected circumstances.-VNA

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