Argentina wants to export pork to Vietnam

The information was given at a working session between Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri and the Argentine delegation led by Ms. Diana Mondino - Minister of Foreign Affairs, Foreign Trade and Religion of Argentina, which took place on the morning of March 20 in Hanoi.

On the morning of March 20, Deputy Minister of Agriculture and Rural Development Nguyen Quoc Tri received an Argentine delegation led by Argentine Minister of Foreign Affairs , Foreign Trade and Religious Affairs Diana Mondino. (Photo: Vietnam Agriculture Newspaper)

Vietnam - Argentina two-way trade in the period 2007 - 2022 increased nearly 13 times, from 378 million USD to 4.88 billion USD, making Argentina the 3rd largest partner of Vietnam in Latin America (after Brazil and Mexico). Vietnam is Argentina's largest trading partner in Southeast Asia and 6th globally.

In 2023 alone, bilateral trade turnover between Vietnam and Argentina decreased by 29.6% compared to 2022, reaching only 3.45 billion USD due to Argentina experiencing a historic drought in the 2022-2023 crop season, causing agricultural output to decrease by 54%. Bilateral trade in agriculture, forestry and fishery in the past 5 years has remained at 3.08 - 3.8 billion USD (except for 2023, which decreased to 2.35 billion USD, a decrease of 38.5% compared to 2022).

Mr. Nguyen Quoc Tri - Deputy Minister of Agriculture and Rural Development highly appreciated the bilateral relationship between Vietnam and Argentina which is having positive developments in many fields, in which trade (mainly agricultural, forestry and fishery trade) is an important content that makes the two countries become major partners of each other.

“Vietnam highly appreciates the role and position of Argentina as a member and gateway for Vietnam to conveniently access the South American common market (Mercosur). Therefore, the Ministry of Agriculture and Rural Development has always been an active member participating in the mechanism of the Intergovernmental Committee on economic, trade and scientific and technological cooperation between Vietnam and Argentina,” Mr. Nguyen Quoc Tri shared.

On the Argentine delegation’s side, Ms. Diana Mondino - Minister of Foreign Affairs, Foreign Trade and Religious Affairs - said that in recent years, the two sides have worked actively and opened the market for many products. Since 2017, the two sides have made preparations related to the terms of the content of the Free Trade Agreement between Vietnam and the Mercosur bloc. Accordingly, the Argentine Government wishes to promote negotiations.

In addition to negotiating the Agreements, Ms. Diana Mondino said that continuing to open the markets of the two countries is also important.

Ms. Diana Mondino raised the issue that Argentine products exported to Vietnam such as leather products, tanning, corn, etc. have been used to put into the production chain and re-exported to other countries to create commercial value for Vietnam.

The economies of Vietnam and Argentina are mutually supportive, creating conditions for both sides to exploit more potential for cooperation in more products. Therefore, it is necessary to consider the overall trade balance between the two countries.

Argentina wants to export pork and pig offal to Vietnam

According to Ms. Diana Mondino, the Argentine authorities have sent proposals to the Ministry of Agriculture and Rural Development regarding the export of pork and pork offal from Argentina. Ms. Diana Mondino committed to providing Vietnam with good quality meat at affordable prices, hoping that the Vietnamese side will soon consider and respond.

Regarding this, Deputy Minister Nguyen Quoc Tri informed that in the field of agriculture and rural development, Vietnam not only attaches importance to production but also pays attention to trade and identifies this as the driving force for the industry's development.

With your request to open the market for more products, the leaders of the Ministry of Agriculture and Rural Development took note and proposed that Argentina, in turn, also open the market for Vietnamese products to access this country's market.

The leader of the Ministry of Agriculture and Rural Development said that he will assign specialized agencies to handle specific proposals from Argentina and vice versa, and at the same time requested that the other side also soon consider proposals from Vietnam.

“Vietnam attaches importance to agricultural cooperation with Argentina, especially agricultural trade and science and technology. Agricultural trade needs measures to gradually balance the trade balance. Leaders of the Ministry of Agriculture and Rural Development call on the two sides to closely coordinate to implement cooperation in specialized contents and issues, in compliance with the regulations of both sides and international practices,” Deputy Minister Nguyen Quoc Tri added.

Source: https://congthuong.vn/argentina-mong-muon-xuat-khau-thit-lon-sang-viet-nam-309807.html