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Sunday, February 5, 2023

PM seeks removal of yellow card on Vietnam’s fishery

The Saigon Times

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HCMC – Prime Minister Pham Minh Chinh has asked the European Union (EU) to remove its yellow card on Vietnam’s seafood exports and approve the European Union-Vietnam Investment Protection Agreement.

The request was made while he was attending a summit celebrating the 45th anniversary of the relations between the Association of Southeast Asian Nations (ASEAN) and the EU, held on December 14 in Brussels, Belgium. EU and ASEAN leaders attended the event.

In his remarks, the PM underlined the importance of the ASEAN-EU Commemorative Summit, stating that cooperation achievements have laid the foundation for and are fostering the relationship between the ASEAN and the EU.

He suggested the two sides consistently pursue the set targets, promote innovative thinking and take actions to develop their strategic relationship in a balanced and fair fashion, with common interests and shared risks.

Chinh said that Vietnam has always supported EU firms operating in the country. Thus, he called on the EU to remove its yellow card on Vietnam’s fishery sector and soon ink the European Union-Vietnam Investment Protection Agreement.

Demonstrating Vietnam’s firm commitment to combating climate change and orientation toward green and sustainable development, he called for maximum support in finance and technology from the EU within the framework of the Just Energy Transition Partnership.

The prime minister also asked for the sharing of information and experience in green, clean technology and cooperation in innovation, digital transformation, the green economy and circular economy, and the EU’s collaboration with the ASEAN in Greater Mekong Subregion development.

According to the Ministry of Foreign Affairs, EU and ASEAN leaders would facilitate economic and trade cooperation, stabilize supply chains and keep moving toward an ASEAN-EU Free Trade Agreement.

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