Vietnam, Brazil enhance comprehensive cooperation

Deputy Prime Minister and Foreign Minister Pham Binh Minh expressed Vietnam’s wish to continue strengthening its comprehensive cooperation with Brazil during talks with Brazilian Minister of External Relations Mauro Luiz Vieira in Hanoi on July 27.
Deputy Prime Minister and Foreign Minister Pham Binh Minh expressedVietnam’s wish to continue strengthening its comprehensive cooperationwith Brazil during talks with Brazilian Minister of External RelationsMauro Luiz Vieira in Hanoi on July 27.

TheVietnamese leaders welcome Brazilian President Dilma Rousseff’sscheduled visit to Vietnam slated for later this year, considering it asignificant event to create a new driving force towards deepeningbilateral ties, Minh said.

The Brazilian minister,for his part, stated that Brazil considers Vietnam an important partnerin Southeast Asia, as evidenced by the impending Vietnam visit by itsPresident.

Reviewing recent trade activity, theydescribed it as modest and still well below each economy’s potential,especially in farming, processing and manufacturing, energy and cleanmaterials, bi-technology, aviation and infrastructure.

Trade in 2014 soared 40 percent to 3.35 billion USD, laying a foundation for the targeted 10 billion USD by 2020.

Accordingly, both host and guest agreed to make thorough preparationsfor President Rousseff’s visit to Vietnam, hold the third meeting of theVietnam – Brazil Joint Committee for Economic-Trade andScience-Technology Cooperation this year and step up negotiations forthe signing of an investment promotion and protection agreement as wellas other deals across agriculture, technology, education, maritimetransport and tourism.

The two countries are set togradually refine their legal frameworks for bilateral cooperation,facilitating market navigation and joint business ventures.

On multilateral coordination, they spoke highly of the closeVietnam-Brazil coordination at international organisations andmultilateral forums, especially the United Nations (UN) and the WorldTrade Organisation.

They also concurred to foster collaboration in climate change response and water resource use.

On the occasion, the guest expressed Brazil’s support for Vietnam’sbid for a seat at the UN Security Council for the 2020-2021 tenure andthe UNESCO Executive Board for the 2015-2019 tenure.

He suggested conducting several technical solutions to make it easierfor Brazil to recognise Vietnam as a market economy.

Turning to regional and global issues of shared concern, the twoministers reiterated their mutual support to reinforce links inSoutheast Asia and Latin America, as well as promote SoutheastAsia-Latin America links via ASEAN’s channels linking with the Union ofSouth American Nations (UNASUR), the Common Market of the Southern Cone(MERCOSUR) and the Forum for East Asia-Latin America Cooperationframework.

Both sides expressed their position onsupporting the settlement of sovereignty disputes through dialogues andpeaceful means in accordance with international law, especially the 1982UN Convention on the Law of the Sea.-VNA

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