VOV.VN - Vietnam and the United States have made notable progress in the second round of negotiations on a bilateral reciprocal trade agreement that took place in Washington, D.C. from May 19 - 22.
The Vietnamese delegation was led by Minister of Industry and Trade Nguyen Hong Dien, head of the Government’s negotiating team. It included representatives from various ministries and agencies in charge of public security, foreign affairs, finance, construction, home affairs, agriculture, science - technology, justice, and banking.
During the second round, both sides engaged in constructive, open, and frank discussions, driven by goodwill, mutual respect, institutional awareness, and a shared commitment to balancing interests in accordance with their international obligations and respective levels of development.
The two sides exchanged detailed information on current policies, clarified language in the draft agreement, and discussed a comprehensive approach to address core issues of mutual concern, with the aim of accelerating the negotiation process.
Negotiators also identified areas of consensus, narrowed differences, outlined key issues for continued discussion. Both sides agreed on timelines for feedback on the draft agreement, proposed wording and plans to hold online meetings to prepare for the next negotiation round.
At the conclusion of the third negotiation day, Minister Nguyen Hong Dien met with US Chief Trade Representative Jamieson Greer to review progress and identify key areas for continued focus in early June.
Greer praised Vietnam’s goodwill and efforts in addressing US concerns and expressed hope for further technical and ministerial-level engagement to reach a conclusion soon.
Dien welcomed Greer’s remarks and reaffirmed Vietnam’s commitment to building a balanced, sustainable trade relationship with the US for the benefit of both countries’ people and businesses. He agreed to intensify technical exchanges to reach an agreement in line with each side’s expectations and conditions.
VOV.VN - Vietnam and the United States are entering into the second round of negotiations on a bilateral reciprocal trade agreement in Washington D.C. to address pending issues in trade relations between the two countries.
VOV.VN - Vietnam’s Minister of Industry and Trade Nguyen Hong Dien has recently held a direct ministerial-level negotiation session on a new trade deal with United States Trade Representative (USTR) Jamieson Greer.
VOV.VN - Vietnam has actively worked to strengthen balanced, sustainable economic, trade, and investment ties with the US, seeking its greater understanding as the country is still recovering from the impacts of war and embargo, with a transitioning economy and limited resilience to global shocks.
VOV.VN - Prime Minister Pham Minh Chinh has affirmed Vietnam's readiness to negotiate with the United States for the benefit of both nations’ people and businesses, aiming for balanced and sustainable trade.
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