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Vietnam and the UAE need to finalize CEPA negotiations as soon as possible.

Báo Quốc TếBáo Quốc Tế14/06/2023

UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan affirmed that signing the CEPA is a top priority for the UAE in cooperating with Vietnam to create a breakthrough for economic and investment cooperation.
Thủ tướng Phạm Minh Chính tiếp Bộ trưởng Ngoại giao Các Tiểu vương quốc Arab thống nhất (UAE) Sheikh Abdullah bin Zayed Al Nahyan. (Nguồn: TTXVN)
Prime Minister Pham Minh Chinh receives the Minister of Foreign Affairs of the United Arab Emirates (UAE), Sheikh Abdullah bin Zayed Al Nahyan. (Source: VNA)

On the morning of June 14th, at the Government headquarters, Prime Minister Pham Minh Chinh received the Minister of Foreign Affairs of the United Arab Emirates (UAE), Sheikh Abdullah bin Zayed Al Nahyan, who is on a working visit to Vietnam.

During the meeting, Prime Minister Pham Minh Chinh welcomed the visit of the UAE Foreign Minister to Vietnam, highly appreciating the vibrant exchange of delegations between the two countries recently, especially the recent visit of Vietnamese Vice President Vo Thi Anh Xuan to the UAE (May 2023), which achieved many important results.

Both sides agreed that the friendly relations and cooperation between the two countries have made positive progress in many areas over the past period, such as political-diplomatic relations, economic-trade relations, investment, tourism, and energy.

On this occasion, Prime Minister Pham Minh Chinh thanked the Vice President and Prime Minister of the UAE for the invitation to visit the UAE; and also conveyed the invitation from President Vo Van Thuong to the President of the UAE to visit Vietnam. The Prime Minister extended an invitation to the Prime Minister of the UAE to visit Vietnam soon to discuss concrete measures to further strengthen the solidarity, friendship, and multifaceted cooperation between the two countries.

On the occasion of the 30th anniversary of the establishment of diplomatic relations, the Prime Minister proposed that both sides actively coordinate and support each other in international and regional forums, especially within the framework of the United Nations; and coordinate the organization of cultural and sports exchange activities, including Vietnam Culture Day in the UAE, contributing to enhancing mutual understanding between the people of the two countries.

Regarding economic cooperation, the Prime Minister affirmed that, given the enormous potential in economic and trade relations, it is necessary to finalize negotiations on the Vietnam-UAE Comprehensive Economic Partnership Agreement (CEPA) as soon as possible; he requested the UAE's support for Vietnam in developing the Halal industry and services, investing in Halal product manufacturing, and establishing cooperation mechanisms for Halal certification in Vietnam, thereby contributing to increasing trade turnover between the two countries.

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In the field of investment, the Prime Minister stated that Vietnam encourages businesses and investment funds from the UAE to invest and transfer technology in areas of mutual interest such as logistics, real estate, services, infrastructure, and innovation.

Highly appreciating the UAE's position as a financial center and its success in economic restructuring and scientific and technological development, the Prime Minister requested the UAE to share its experience and support Vietnam in building an international financial center, connecting innovation networks, energy transition, environmental protection, and natural resource management.

The Prime Minister affirmed that Vietnam welcomes the UAE's hosting of the 28th Conference of Parties to the United Nations Framework Convention on Climate Change (COP 28) and is ready to cooperate with the UAE to ensure the success of the Conference.

Thủ tướng Phạm Minh Chính: Việt Nam-UAE cần hoàn tất đàm phán CEPA trong thời gian sớm nhất
Prime Minister Pham Minh Chinh requested the UAE's support for Vietnam's development of the Halal industry and services. (Source: VNA)

Speaking at the reception, UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan expressed his pleasure at visiting Vietnam for the third time. He affirmed that senior UAE leaders always consider Vietnam an important partner in the Asia-Pacific region.

The Minister thanked Vietnam for its close cooperation and support for the UAE in international forums where both sides are members, and expressed his hope that Vietnam would actively participate and contribute to the success of the COP 28 Conference.

The UAE Foreign Minister affirmed that UAE investors and businesses highly appreciate the opportunities and investment and business environment in Vietnam, and wish to strengthen and elevate cooperation with Vietnam in trade and investment, especially in the field of renewable energy.

Minister Sheikh Abdullah bin Zayed Al Nahyan affirmed that signing the CEPA is a top priority for the UAE in its cooperation with Vietnam to create a breakthrough in economic and investment cooperation, and suggested that the two sides coordinate closely to accelerate and finalize negotiations on this important agreement as soon as possible.

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Besides trade and investment, Minister Sheikh Abdullah bin Zayed Al Nahyan proposed strengthening cooperation in many other important areas of mutual interest such as renewable energy, combating climate change, sustainable development, environmental protection, and people-to-people exchanges.

The UAE Foreign Minister highly appreciated the contributions of Vietnamese workers to the development of the UAE and expressed his desire for both sides to strengthen cooperation to promote the sending of more skilled Vietnamese workers to the UAE in the future.

Minister Sheikh Abdullah bin Zayed Al Nahyan affirmed that he would closely coordinate with Vietnam to implement cooperation proposals in a substantive and effective manner, especially in the areas and contents that Prime Minister Pham Minh Chinh had commented on.



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