Speaking at the event, Luxembourg Foreign Minister JeanAsselborn emphasised that Luxembourg attaches great importance to its relationswith Southeast Asian countries, and hopes to further strengthen economiccooperation and expand connectivity with the ASEAN in various fields fromfinance, investment, fintech, transportation, logistics, to information andcommunication technology.
Meanwhile, Economy Minister Franz Fayot and Chamber ofCommerce President Luc Frieden expressed satisfaction with sustainable growthin trade exchanges between the two sides, from 205 million EUR (216.1 millionUSD) in 2019 to 273.8 million EUR last year. The officials also outlinedmeasures to further strengthen economic, trade and financial cooperation.
The parties also exchanged views on several regional andinternational issues of mutual concern.
Participating delegates and businesses appreciated the role,position and great potential of ASEAN, including Vietnam. Many praisedVietnam's economic achievements, and its government's efforts for post-pandemic recovery andgreen and sustainable development. They agreed Vietnam is one ofLuxembourg's most important partners in ASEAN, adding that it is necessary tocontinue to take advantage of existing agreements, including theVietnam-Luxembourg Free Trade Agreement, and seek cooperation opportunities innew fields.
Ambassador Thao appreciated Luxembourg's position as one ofthe leading European and global financial and technology centers, and emphasisedthe complementarity of Luxembourg and EU economies with those of Southeast Asia.
The two sides still have great potential and opportunities tostrengthen cooperation, he stated, adding that the Vietnamese Government alwayswelcomes and creates favourable conditions for Luxembourg businesses to investand promote their strengths in such fields as finance, air transport, tourism,and construction./.