Viet Nam, US push forward reciprocal trade agreement talks

Within the framework of negotiations on a reciprocal trade agreement between Viet Nam and the US, Vietnamese Minister of Industry and Trade Nguyen Hong Dien, head of the Vietnamese Government’s negotiation team, and US Trade Representative Jamieson Greer, head of the US Government's negotiation team, held a ministerial-level meeting on June 4 in Paris, France.

Vietnamese Minister of Industry and Trade Nguyen Hong Dien (R), head of the Vietnamese Government’s negotiation team, and US Trade Representative Jamieson Greer.
Vietnamese Minister of Industry and Trade Nguyen Hong Dien (R), head of the Vietnamese Government’s negotiation team, and US Trade Representative Jamieson Greer.

The two sides reviewed progress since the second technical round of talks, assessed the implementation of previously agreed tasks, and outlined oritentations for the upcoming round.

Minister Dien presented Viet Nam’s official responses to additional US proposals, reaffirming the country’s determination and goodwill to reach a consensus that serves both sides’ interests.

Greer expressed appreciation for Viet Nam’s goodwill and approach in addressing US concerns, while acknowledging the Vietnamese negoatiation team's efforts and constructive engagement.

As Viet Nam is a comprehensive strategic partner of the US, he said, emphasising that reaching a agreement on reciprocal taxation policies at this time is of critical importance for both nations. He also responded positively to Viet Nam’s key concerns and suggested potential solutions to tackle the more complex aspects of the negotiations.

Both ministers agreed on the need to expedite negotiations, particularly efforts to make substantial headway at the third technical round, scheduled for mid-June. They also agreed to task their technical teams with stepping up virtual coordination on specific issues to resolve remaining differences and pave the way for further progress.

The two sides reaffirmed their shared commitment to close coordination and readiness to hold additional high-level meetings to ensure a mutually beneficial outcome.

VNA
Back to top