Vietnam’s Permanent Deputy Prime Minister Phạm Gia Túc recently held discussions with Lithuanian Foreign Minister Kęstutis Budrys in Hanoi, focusing on the potential for enhancing bilateral cooperation across various critical sectors. The dialogue underscored the promising opportunities to strengthen partnerships in areas such as trade, investment, the digital economy, energy, logistics, cybersecurity, science, and technology.
During the meeting, Vietnam pressed Lithuania to advocate for the swift ratification of the EU-Vietnam Investment Protection Agreement (EVIPA) among the remaining EU member states. Furthermore, Vietnamese officials sought Lithuania’s support for the removal of the European Commission’s “yellow card,” which currently affects Vietnamese seafood exports. Lithuania, in response, reiterated its dedication to bolstering Vietnam-EU relations and revealed plans to dispatch a business delegation to Vietnam to scout for investment prospects.
Both nations agreed on the importance of enhancing their collaboration at various international platforms, including the United Nations. They also emphasized their commitment to strengthening ties between ASEAN and the EU, while advocating for peace, stability, and the freedom of navigation in alignment with international law.
The meeting highlighted a mutual interest in expanding economic and diplomatic ties, with specific emphasis on fostering a robust environment for trade and investment. As Lithuania eyes deeper engagement with Vietnam, the planned business delegation visit marks a concrete step towards exploring new avenues for economic collaboration.
Overall, the discussions between Vietnam and Lithuania reflect a shared vision for a stronger partnership, not only in economic terms but also in contributing to regional and global stability through cooperative efforts and adherence to international norms.