Both sides reviewed all provisions of the draft agreement, discussed outstanding differences in detail, and reached consensus on the majority of its contents. Remaining unresolved issues were placed in square brackets for further discussion in subsequent rounds.
The signing of the second-round minutes provides an important basis for completing necessary procedures towards the formal conclusion of the agreement.
Dang Ngoc Minh, Deputy Director General of the General Department of Taxation and head of the Vietnamese delegation, noted that Viet Nam and Kyrgyzstan established diplomatic relations in 1992 and have since maintained cooperation across economic, trade, educational and cultural fields, while coordinating closely at international forums. However, bilateral economic and investment ties still hold considerable untapped potential.
In 2025, two-way trade reached approximately 21.5 million USD, with Viet Nam exporting 10.8 million USD worth of goods, including computers, mobile phones and agricultural products, while importing 10.7 million USD, mainly cotton.
“In this context, negotiating and concluding a DTAA is crucial to establishing a transparent and stable legal framework in line with international practices, thereby promoting investment and trade flows and safeguarding the legitimate interests of businesses and taxpayers in both countries,” Minh said.
Ruslan Tynaliev, Head of the Customs Policy Department under Kyrgyzstan’s Ministry of Economy and Commerce, expressed confidence that the agreement would serve as a key foundation for enhancing bilateral economic and financial ties and unlocking new avenues for cooperation.
