Vietnam, Mexico seek to optimise CPTPP to bolster bilateral trade

The meeting was co-chaired by Vietnamese Deputy Minister of Industry and Trade Do Thang Hai and Undersecretary for Foreign Trade in Mexico's Secretariat of Economy Luz María de la Mora (Photo: VNA)

Hanoi(VNA) – The Vietnam-Mexico Joint Committee for economic, trade and investmentcooperation convened its third meeting on September 24 via videoconferenceunder the co-chair of Vietnamese Deputy Minister of Industry and Trade Do ThangHai and Undersecretary for Foreign Trade in Mexico's Secretariatof Economy Luz María de la Mora.

Both sides reviewed the outcomes of cooperation since the second meeting ofthe committee in July 2019 in Mexico City, and defined the tasks for the timeto come to further foster bilateral partnership in various fields. They shareddelight at the progress in the economic and trade ties so far.

They agreed that thereis ample room for stronger trade partnership between the two sides thanks to theComprehensive and Progressive Agreement for Trans-Pacific Partnership (CPCPP).

Both sides underlinedthe need to continue to increase bilateral trade collaboration through tradepromotion activities, focusing on the export of major products of each side toeach other's market, as well as fostering close coordination in theimplementation of the CPTPP.

At the same time,Vietnam and Mexico also highly valued cooperation results in many fields. Amidthe impacts of COVID-19 pandemic on the global economy, the meeting wasconsidered a joint effort and determination of both sides in further bolsterbilateral partnership, affirming that Vietnam and Mexico consider each other asan important partner in the region and the world.

Concluding the event,Hai and Luz María de la Mora signed the minutes of the meeting./.

VNA