Vietnam, Chile talk ways to reinforce comprehensive partnership

PM Phuc told the Chilean President that bilateral relations have enjoyed strong development over the previous five decades, while also voicing the country’s desires to continue deepening the relationship between both sides, especially in terms of economics, trade, and investment.

In response, President Pinera affirmed Chile’s recognition of the great importance of its traditional relationship with the nation, praising the Vietnamese Government’s efforts to contain the novel coronavirus (COVID-19) and maintain economic growth.

The two leaders also agreed on a range of measures aimed at boosting the time-honoured friendship and comprehensive partnership that exists between both sides in the future. This includes maintaining the regular exchange of high-level delegations, implementing frequent co-operative mechanisms in an effective manner, and  ramping up multilateral and inter-regional trade co-operation frameworks amid the global economy and trade being negatively impacted by the pandemic.

They also reached a consensus on the need to enhance connectivity between various ministries, sectors, localities, and enterprises of both countries in order to bring make the most of the opportunities brought about by the Vietnam-Chile Free Trade Agreement which become effective in January 2014. This should be done whilst striving to implement the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) once Chile finalises its approval process.

The pair concurred to solidify closer co-ordination in organisng activities to celebrate the 50th founding anniversary of diplomatic ties this year, as well as offering mutual support at international organisations and multilateral forums as a means of boosting the relationship between ASEAN and the Pacific Alliance, as well as ensuring peace, stability, co-operation, and development in the two regions.