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Vietnam-Spain trade targeted at US$5 billion

Vietnam-Spain trade targeted at US$5 billion
HCMC – Vietnam and Spain aim for bilateral trade at US$5 billion in the next two or three years, heard a meeting between Vietnamese Prime Minister Pham Minh Chinh and his Spanish counterpart, Pedro Sanchez Castejón, in Brussels, Belgium, on December 14.

Speaking at the meeting on the sidelines of the EU-ASEAN Commemorative Summit, PM Chinh suggested that the two countries should strengthen the strategic partnership and optimize the EU-Vietnam Free Trade Agreement to beef up bilateral trade.

Besides, the two countries should closely cooperate to speed up work on strategic projects and promote the partnership in science-technology, climate change adaptation and environmental protection.

PM Chinh also affirmed that Spain is one of Vietnam’s key and potential partners in the European Union.

Prime Minister of Spain Castejón highly valued the importance and position of Vietnam in the region and the world, inviting Vietnam to join the International Drought Resilience Alliance launched by Spain and Senegal.

Spain will continue to enhance cooperation with Vietnam in digitalization and renewable energy, the Spanish prime minister added.

The meeting aimed to celebrate the 45th anniversary of the two countries’ diplomatic ties, the local media reported.

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