Deputy PM welcomes US trade official
(VOV) -Deputy Prime Minister Vu Van Ninh has expressed his conviction that the Vietnam visit by Under Secretary of Commerce for International Trade Stefan M. Selig would open up a year full of high-level exchange visits between the two countries.
At a January 22 reception for the US trade official in Hanoi, Deputy PM Ninh reiterated the political commitments of the Vietnamese Party and Government in the Trans-Pacific Partnership Agreement (TPP) negotiations and implementation for the benefit of the countries participating in this pact.
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| Deputy Prime Minister Vu Van Ninh (R) and Under Secretary of Commerce for International Trade Stefan M. Selig. |
For his part, the Under Secretary informed Ninh about the results of working sessions with Vietnamese relevant agencies, adding that his visit preludes the growth of bilateral relations in 2015 - the year marks the 20th anniversary of the two nations’ diplomatic relations.
He said his visit is designed to compare notes on TPP negotiations and implementation and issues of shared concern such as opening the market for goods and services, particularly those are said to generate huge benefits to both countries when TPP becomes effective.
As a result, Vietnam’s exports could explode 28%, thus significantly impact domestic economic growth, he noted.
On the day, the US official was greeted by Head of the Party Central Committee’s Economic Commission Vuong Dinh Hue who asked the US rapidly recognize Vietnam’s market economy.