Vietnam - Australia promote cooperation in energy and minerals

Within the framework of the Special Summit to celebrate 50 years of ASEAN-Australia relations and the official visit to Australia by the Prime Minister, the Vietnamese Ministry of Industry and Trade and the Australian Ministry of Industry, Science, Energy and Resources officially established the legal framework for the ministerial dialogue mechanism on energy and minerals.

The two Prime Ministers exchanged a Memorandum of Understanding on establishing a ministerial-level dialogue mechanism on energy and minerals between the Vietnamese Ministry of Industry and Trade and the Australian Ministry of Industry, Science , Energy and Resources - Photo: Doan Bac

The two countries ' Prime Ministers and delegates took a souvenir photo - Photo: Doan Bac

The agreement to establish the above cooperation mechanism was signed by Minister Nguyen Hong Dien and Mr. Tim Ayres, Australian Minister of Trade and Manufacturing on the afternoon of March 5, 2024 and was handed over by both sides in the presence of the Prime Ministers of the two countries on the morning of March 7, 2024.

This is an important cooperation mechanism through which the Ministers of the two sides will discuss, promote cooperation and remove difficulties in the fields of energy and minerals. At the same time, this is also the basis for Australia to continue to be a partner in providing important and sustainable materials such as coal and LNG for the electricity, energy and fertilizer production sectors in Vietnam.

The Ministerial-level dialogue mechanism on energy and minerals is expected to help the two sides maximize the advantages and cooperation opportunities that the two sides have such as coal, minerals, LNG, etc., contributing to the implementation of the two countries' new cooperation goals within the framework of the Comprehensive Strategic Partnership announced by the Prime Ministers of the two countries on the same day, March 7, 2024.

Signing of Memorandum of Understanding between Vietnam Trade Promotion Agency and Australian Trade and Investment Commission

Minister Nguyen Hong Dien and Mr. Tim Ayres, Australian Minister for Trade and Manufacturing signed the Agreement to establish a ministerial dialogue mechanism on energy and minerals on the afternoon of March 5, 2024.

Earlier, on the morning of March 7, Australian Prime Minister Anthony Albanese hosted a ceremony to welcome Prime Minister Pham Minh Chinh and his wife, along with a high-ranking Vietnamese delegation on an official visit to Australia, according to the most solemn protocol reserved for foreign heads of government visiting this country.

The Captain of the Australian Army Honor Guard respectfully invited Prime Minister Pham Minh Chinh to review the Honor Guard - Photo: Doan Bac

Prime Minister Pham Minh Chinh reviews the Australian Military Honor Guard - Photo: Doan Bac

Nineteen cannon salutes resounded on Capital Hill and the Vietnamese national flag was raised to welcome Prime Minister Pham Minh Chinh and his wife along with the high-ranking Vietnamese delegation - Photo: Doan Bac

Prime Minister Pham Minh Chinh and Australian Prime Minister Anthony Albanese meet with the press before the talks.

Prime Minister Pham Minh Chinh and Australian Prime Minister hold talks - Photo: Doan Bac

After the talks, Prime Minister Pham Minh Chinh and Australian Prime Minister Anthony Albanese exchanged statements on upgrading bilateral relations to a Comprehensive Strategic Partnership and witnessed the exchange of 11 other important cooperation documents in various fields between the two countries.

Cooperation documents signed and exchanged between leaders of ministries, branches and agencies of the two countries on this occasion include:

1. Memorandum of Understanding between the Government of Vietnam and the Government of Australia on cooperation in the field of education between the Ministries of Education of the two countries.

2. Memorandum of Understanding between the Ministry of Industry and Trade of Vietnam and the Australian Department of Industry, Science and Resources on the establishment of a Ministerial Dialogue on Energy and Minerals.

3. Memorandum of Understanding between the Ministry of Agriculture and Rural Development of Vietnam and the Australian Organization for International Agricultural Research on agricultural research to enhance cooperation in agriculture, forestry and fisheries.

4. Memorandum of Understanding between the Ministry of Science and Technology of Vietnam and the Commonwealth Scientific and Industrial Research Organization on cooperation in the field of science, technology and innovation.

5. Memorandum of Understanding between the State Bank of Vietnam and the Reserve Bank of Australia.

6. Peacekeeping Partnership Agreement between the Government of Vietnam and the Government of Australia.

7. Memorandum of Understanding on Financial Cooperation between the Ministry of Finance of Vietnam and the Australian Treasury.

8. Plan to implement the Memorandum of Understanding between the Australian Government and the Government of Vietnam on supporting Vietnamese citizens working in the Australian agricultural sector.

9. Memorandum of Understanding between the National Competition Commission and the Australian Competition and Consumer Commission.

10. Memorandum of Understanding between the Vietnam Trade Promotion Agency and the Australian Trade and Investment Commission.

11. Cooperation agreement on coral reef monitoring between the Vietnam Institute of Oceanography and the Australian Institute of Marine Science.

Source: https://congthuong.vn/viet-nam-australia-thuc-day-hop-tac-trong-linh-vuc-nang-luong-khoang-san-307089.html