Vietnam, Japan seek to expand bilateral trade ties
Minister of Industry and Trade Tran Tuan Anh and Japanese Minister of State for Economic and Fiscal Policy Nishimura Yasutoshi has had a phone discussion on ways to facilitate two-way trade as well as the significance of border trade and the CPTPP to post-epidemic economic recovery in the region and the world.
Minister of Industry and Trade Tran Tuan Anh (Photo: VNA)
Hanoi (VNA) – Minister of Industry and Trade TranTuan Anh and Japanese Minister of State for Economic and Fiscal PolicyNishimura Yasutoshi has had a phone discussion on ways to facilitate two-waytrade as well as the significance of border trade and the CPTPP topost-epidemic economic recovery in the region and the world.
The two ministers shared concern about the unilateralprotectionism and underlined the importance of promoting the role ofmulti-border trade in economic recovery and development after the COVID-19pandemic.
They affirmed the significance of the Comprehensive andProgressive Agreement for Trans-Pacific Partnership (CPTPP) in the economic developmentof the world in general and CPTPP members in particular.
In the recent context, the deal will help expand theregional and global supply chains, thus boosting the sustainable development ofthe economy of member countries, while promoting the application of e-commerceand digital economy in production for rapid post-pandemic recovery, theyagreed.
They also concurred to coordinate closely together to makesure the third CPTPP Ministers’ Meeting will be organised online successfully onAugust 5.
This is expected to contribute to promoting the bilateralcooperation between Vietnam and Japan, while spreading a strong message on therole of the CPTPP to post-pandemic economic recovery and development, andaffirming the support for multilateral trade system inline with the regional and global principles and laws.
Concluding the discussion, the two ministers vowed to continueworking closely together in the future to expand bilateral coordination, notonly within the CPTPP framework but also in other frameworks that both sidesare members such as the Regional Comprehensive Economic Partnership (RCEP) andthe ASEAN-Japan Free Trade Agreement./.
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Minister of Industry and Trade Tran Tuan Anh (Photo: VNA) 
