Vietnam PM Pushes Hungary to Speed EU Investment Deal
Vietnam's Prime Minister Pham Minh Chin, during a recent visit, discussed strengthening ties with Hungary and accelerating the ratification of the EU-Vietnam Investment Protection Agreement (EVIPA). The meeting with Hungary's National Assembly Speaker Laszlo Kover focused on boosting economic cooperation and enhancing political trust.
Chin proposed several measures to advance bilateral relations. He suggested boosting political trust, promoting development cooperation, and strengthening environmental protection. The leaders agreed to maintain close coordination at multilateral forums and uphold peaceful dispute resolution.
Chin specifically aimed to accelerate the EVIPA's ratification, particularly with Germany, given its strategic importance. He called on the Hungarian Parliament to support early ratification by other EU member states. Both countries aim to double bilateral trade to about US$2 billion in the near future.
Hungary, in turn, expressed readiness to encourage and advocate for the remaining EU countries to approve the agreement. The meeting resulted in a mutual commitment to enhance economic, trade, and investment cooperation. The leaders' discussions reflect a shared desire to strengthen relations and promote mutual growth.
Read also:
- American teenagers taking up farming roles previously filled by immigrants, a concept revisited from 1965's labor market shift.
- Weekly affairs in the German Federal Parliament (Bundestag)
- Landslide claims seven lives, injures six individuals while they work to restore a water channel in the northern region of Pakistan
- Escalating conflict in Sudan has prompted the United Nations to announce a critical gender crisis, highlighting the disproportionate impact of the ongoing violence on women and girls.
