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Việt Nam, RoK hold joint committee sessions

Update: December, 09/2016 - 10:16
Two Việt Nam-Korea joint committees met in Seoul to promote bilateral trade and investment. — Photo VNA/VNS Photo Vũ Toàn

SEOUL — Two Việt Nam-Korea joint committees met in Seoul to promote bilateral trade and investment. 

The Vietnamese delegation was led by Minister of Industry and Trade Trần Tuấn Anh, while the South Korean delegation was headed by Minister of Trade, Industry and Energy Joo Hyung-hwan. 

In the minutes signed at the end of the seventh session of the joint committee on co-operation in nuclear power, industry and trade, the two sides stressed co-operation in such fields as energy and minerals, technological incubators, material and spare part production, human resources development, logistics, and trade promotion. 

In the joint statement after the first session of the joint committee on the implementation of the Việt Nam-Korea Free Trade Agreement (VKFTA), the two sides acknowledged their co-operation activities in the fields of animal and plant quarantine and technical standards, implementing commitments to the VKFTA. 

Ministers Trần Tuấn Anh and Joo Hyung-hwan spoke of the development of the two countries’ economic, trade and investment ties in recent years, especially after the VKFTA came into effect in late 2015. 

They agreed to continue efforts to deepen the trade, industry and energy co-operation, contributing to realising the two countries’ strategic co-operative partnership and the goal of US$70 billion in bilateral trade by 2020. — VNS

 

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