Vietnam and Australia upgraded their relationship to Comprehensive Strategic Partnership
Australia – On March 7, in Canberra, Vietnamese Prime Minister Pham Minh Chinh had an in-depth talk with Australian Prime Minister Anthony Albanese. Prime Minister Chinh informed that after a very successful meeting, he and Prime Minister Anthony would announce the upgrade of Vietnam-Australia relations to the highest level – Comprehensive Strategic Partnership.
Vietnam-Australia relations to a comprehensive strategic partnership
In the joint statement, the Australian Prime Minister said that the upgrade of Vietnam-Australia relations to a comprehensive strategic partnership aims to promote cooperation between the two countries deeply, substantially, and effectively in fields such as combating climate change. climate, energy transformation, resources, including important mineral supply chains, digital transformation, innovation, trade and investment, agriculture, defense, education, training… He also said We know that both sides are interested in promoting trade and investment cooperation to promote economic prosperity between the two countries.
Australia is implementing the Southeast Asia Economic Strategy to 2040. To strengthen economic relations and increase investment between the two countries, the Australian Prime Minister announced in Melbourne earlier this week the expansion of the support program Australian technology companies in Vietnam can increase investment and further research into new markets… “Much work is being done across the Australian Government to build trade and investment relationships with Vietnam,” he said.
The two sides discussed and agreed to strengthen cooperation in the field of education and training; labor and employment; At the same time, discussed the importance of strengthening cooperation to protect and promote security and stability in the region, including agreeing on a partnership agreement on peacekeeping; At the same time, raising the level of security dialogue between Vietnam and Australia to the ministerial level.
New framework of relations between the two countries
For his part, on behalf of the Vietnamese Government Delegation, Prime Minister Pham Minh Chinh sincerely thanked the respectful, thoughtful welcome and warm, affectionate, and cordial affection of the Australian Government and people.
He said, “This new relationship framework will contribute to strengthening and deepening cooperation, meeting the common aspirations of the two peoples, for peace, stability, cooperation, and development in the region and beyond.” in the world”, the Prime Minister emphasized.
With this new framework of relations between the two countries, the Prime Minister summarized and added “6 more points” as follows:
First, higher political and diplomatic trust.
Second, economic, trade, and investment cooperation is more comprehensive, substantive, and effective.
Third, promote stronger science and technology cooperation, innovation, digital transformation, and green transformation.
Fourth, cooperation in culture, education and training, environment, and response to climate change is more comprehensive and profound.
Fifth, people-to-people exchanges and connections between generations are more open and sincere.
Sixth, understand each other, sympathize and share more about security and defense, towards peace, stability, cooperation and development in the region and the world.
The two Prime Ministers also agreed to further deepen regional and international cooperation; continue to coordinate and support each other at multilateral forums, especially the United Nations, ASEAN and mechanisms led by ASEAN; promote peaceful dialogue and build trust between countries; promote the central role of ASEAN; promote Mekong Sub-region cooperation mechanisms; At the same time, we hope that conflict areas around the world will soon be resolved by peaceful means, increasing humanitarian aid, not using force or threatening to use force, and complying with international law and the Constitution. chapter of the United Nations, aimed at protecting people, leaving no one behind.
The two sides agreed to create favorable conditions and ensure legal and legitimate rights and interests for people and businesses of the two countries to live, work and study in each country. The Prime Minister thanked Australia for creating conditions and supporting Vietnamese students and more than 350,000 people of Vietnamese origin living and working in Australia; At the same time, we always welcome and create favorable conditions for Australian citizens and businesses to study, work, do business and invest in Vietnam.
After 50 years of establishing diplomatic relations, the Vietnam – Australia strategic partnership is on the path of strong, substantive and effective development in many fields. Australia’s non-refundable ODA projects are basically implemented effectively, meeting Vietnam’s development requirements. During the period 2022 – 2023, the Australian Government increases ODA aid to Vietnam by 18% from 78.9 million to 92.8 million Australian dollars.
Besides, two-way trade turnover has grown strongly. In 2022, the trade scale between the two countries has reached 15.7 billion USD, an increase of 26.9% compared to 2021. Two-way investment cooperation has achieved good results, Australia is the 20th largest foreign investor. of Vietnam with 593 projects with a total registered capital of more than 1.99 billion USD. Vietnam’s investment in Australia reached over 593 million USD with 90 projects, making Australia the 11th largest country among 79 countries and territories where Vietnam invests directly abroad.
Sources: Baochinhphu, Vneconomy, MoIT.
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