Vietnam ready to open its doors to Brazil's beef market

(Dan Tri Newspaper) - Vietnam and Brazil continue to elevate and further concretize the framework of their Strategic Partnership, bringing cooperation in all fields to a new level, meeting the potential and development needs of both countries.

On March 28, Prime Minister Pham Minh Chinh met with Brazilian President Luiz Inácio Lula da Silva.

The two leaders agreed to further enhance and concretize the Strategic Partnership framework, bringing cooperation in all fields to a new level, meeting the potential and development needs of both countries.

Prime Minister Pham Minh Chinh and President Lula da Silva affirmed their commitment to continue close coordination in implementing the agreed directions and measures to concretize the new framework of relations for the 2025-2030 period in an effective and substantive manner.

Prime Minister Pham Minh Chinh and Brazilian President Luiz Inácio Lula da Silva (Photo: Tuan Bao).

Both sides also expressed satisfaction with the impressive development of bilateral trade, with turnover reaching approximately US$8 billion in 2024, and reaffirmed their determination to increase bilateral trade to US$15 billion by 2030.

During the meeting, the Prime Minister thanked President Lula da Silva and the Brazilian Government for their decision to recognize Vietnam's market economy status, which will facilitate businesses from both countries' access to each other's markets in a fair and mutually beneficial manner.

In addition, the Prime Minister announced that Vietnam is ready to take steps to open its market to Brazilian beef as part of a comprehensive agricultural market opening package to be agreed upon between the two countries, which includes Vietnamese pangasius and shrimp products.

The Prime Minister welcomed major Brazilian businesses considering investing in Vietnam, including JBS SA Group in the food processing sector.

According to the Prime Minister, Vietnamese ministries and agencies will create favorable conditions for the trade and investment activities of Brazilian businesses in Vietnam, especially in the aviation and mining sectors.

Prime Minister Pham Minh Chinh meets with Brazilian President Luiz Inácio Lula da Silva (Photo: Tuan Bao).

President Lula da Silva agreed to instruct Brazilian authorities to positively consider Vietnam's proposal to promptly initiate negotiations on a framework trade agreement between Vietnam and the Southern Common Market (Mercosur).

The two leaders also agreed to encourage Brazilian ministerial, local, and business delegations to continue exchanges during and immediately following the Brazilian President's visit to concretize high-level bilateral agreements.

Both sides agreed to regularly, effectively, and flexibly implement the Joint Committee mechanism on economic and trade relations and political consultations, and to establish appropriate mechanisms to regularly review and coordinate the implementation of the new relationship framework.

Both sides also highly appreciated the potential for cooperation between the two footballing nations, agreeing to encourage cooperation and youth football training at both club and national team levels, contributing to strengthening the friendship between the people of the two countries.

On the same day, during a meeting between National Assembly Chairman Tran Thanh Man and the President of Brazil, the two leaders agreed to strengthen high-level and other contacts, between senior leaders of the two National Assemblies, between parliamentarians, parliamentary bodies, friendship parliamentary groups, female parliamentarians, and young parliamentarians.

National Assembly Chairman Tran Thanh Man and Brazilian President Luiz Inácio Lula da Silva (Photo: Pham Thang).

At the same time, both sides promoted the exchange of professional experience in the fields of legislation, supervision, and decision-making on important national issues.

The two leaders also agreed to continue promoting the role of the legislative bodies of both countries in fostering bilateral relations; and to oversee and encourage the governments, ministries, localities, and businesses to actively and effectively implement the signed agreements and treaties.

In addition, both sides support the business communities as well as the citizens of both countries who live, study, invest, and do business in each other's countries.

Source: https://dantri.com.vn/xa-hoi/viet-nam-san-ready-to-open-the-brazilian-beef-market-20250328201434048.htm