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EU and Vietnam Strengthen Trade and Mineral Cooperation

Brussels:The European Union and Vietnam have agreed to enhance their collaboration on trade, investment, and critical raw materials, as announced during Vietnamese leader To Lam's visit to Brussels.

According to Anadolu Agency – English, Vietnamese President To Lam met with European Commission President Ursula von der Leyen and European Council President Antonio Costa to discuss these cooperative efforts, as well as regional security and global challenges.

The leaders emphasized the need for the full implementation of the EU-Viet Nam Free Trade Agreement and urged the swift ratification of the Investment Protection Agreement. They also committed to developing cooperation on critical raw materials and strengthening ties in technology, innovation, education, strategic infrastructure, and the green transition.

Both parties expressed their satisfaction with the progress in relations since their elevation to a Comprehensive Strategic Partnership in January, reaffirming plans to advance Global Gateway investments and the Just Energy Transition Partnership.

On defense matters, the joint statement highlighted the potential for collaboration in defense and security, aligned with their respective laws, priorities, and policies. Current cooperation includes maritime safety and security, cybersecurity, crisis management, and capacity building.

The leaders reiterated their commitment to promoting and protecting human rights through dedicated bilateral dialogue and underscored the significance of effective multilateralism and a rules-based international order.