Vietnam, Thailand holds fifth political consultation

Deputy Foreign Minister Le Hoai Trung and Permanent Secretary of Thailand’s Foreign Ministry Norachit Sinhaseni co-chaired the fifth political consultation between the two ministries on June 29 in Hanoi.
Deputy Foreign Minister Le Hoai Trung and Permanent Secretary ofThailand’s Foreign Ministry Norachit Sinhaseni co-chaired the fifthpolitical consultation between the two ministries on June 29 in Hanoi.

The two sides agreed that the relationship between thetwo countries is growing in all fields, especially since Vietnam andThailand signed an action plan to realise their strategicpartnership for the 2014-18 period.

This year, the twocountries have organised a number of high-level visits, including thevisit of Thai Princess Sirindhorn and a working trip to Thailand byDeputy Prime Minister and Foreign Minister Pham Binh Minh in May.

Meanwhile, bilateral economic, trade and investment ties have beenexpanded with two-way trade reaching 10.6 billion USD in 2014 and 2.6billion USD in the first quarter of 2015.

As of now, Thailand is the 10th largest investor in Vietnam with total investment of 6.69 billion USD, they noted.

At the same time, cooperation mechanisms between the two countries haveproved their efficiency as seen in the success of meetings of the JointCommittee on bilateral cooperation in March and the Joint Working Groupon politics and security in June this year.

Both sidesagreed to continue the exchange of delegations at all levels, whilecoordinating closely in preparing for the third joint Cabinet meetingco-chaired by the Prime Ministers of both countries.

Theyconcurred to foster affiliation in security, defence, economy, trade,investment, transport, tourism and labour, while working closely for theearly signing of a memorandum of understanding on labour cooperationand an agreement on recruitment.

At the same time, the twoforeign ministries will continue coordinating in organising activitiescelebrating the 40 th anniversary of bilateral diplomatic ties in 2016.

The two sides also agreed to continue supporting eachother at regional and international forums, especially within the ASEANframework in the context that the ASEAN Community is to be formed by theend of this year. They vow to work with other members of the groupingin maintaining the role and common stance of the bloc in strategicissues in the region.

The 6 th political consultation between the two ministries is slated for Thailand in 2016.-VNA

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