FM Bui Thanh Son hosts US Trade Representative
Minister of Foreign Affairs Bui Thanh Son highlighted the potential of Vietnam-US cooperation in climate change response, energy transition, digital transformation and green growth during a reception in Hanoi on February 13 for US Trade Representative Katherine Tai.
Tai is on her first visit to Vietnam which is also the first visit at the economic ministerial level of the Biden administration, opening a string of activities marking the 10th anniversary of the Vietnam-US comprehensive partnership.
FM Son suggested the US soon materialize its commitments to supporting Vietnam and other nations in delivering on international agreements on climate change response, including the declaration on the Just Energy Transition Partnership.
He assured Vietnam's readiness to partner with the US to successfully hold APEC Year 2023.
In response, Tai affirmed the US' recognition of importance to enhancing partnership with Asia-Pacific and Indian Ocean countries while ensuring the interests of its people and workers at home.
The US will give priority to strengthening cooperation frameworks to build efficient and sustainable economic and investment ecosystems, thereby creating a new driving force for regional economic development, she said.
She also shared priorities and plans of the APEC Year 2023 hosted by the US.
Host and guest reviewed bilateral cooperation within the framework of the APEC, discussions on the Indo-Pacific Economic Framework (IPEF), sub-regional cooperation, climate change response, energy transition and digital transformation.
They underlined the importance of promoting free, open and fair trade in line with international law, sustainable and inclusive growth in the region in which ASEAN countries play a central role.
Last year's two-way trade between Vietnam and the US exceeded US$123 billion, marking a year-on-year rise of 11%.
