Việt Nam and Singapore lift ties to strategic partnership

During their talks in Hà Nội on Wednesday, Prime Minister Nguyễn Tấn Dũng and his Singaporean counterpart Lee Hsien Loong agreed to enhance the two countries’ friendship and comprehensive relations to a strategic partnership.

Accordingly, the strategic partnership will cover five major contents, including strengthening mutual trust in the bilateral political relations, boosting economic cooperation, increasing cooperation in security-defense, promoting bilateral ties in other fields such as education, law, health, culture, art and sports, and intensifying mutual support at regional and international forums.

Viet_SingPrime Minister Nguyễn Tấn Dũng receives his Singaporean counterpart in Hà Nội on September 11

PM Dũng welcomed PM Lee Hsien Long’s visit to Việt Nam, considering it an important event to mark the 40th anniversary of their diplomatic ties, and a clear manifestation of the close and reliable relations between the two countries.

He also highly valued Singapore’s important achievements in various fields, including economics, science and technology, and human resource training and management.

For his part, PM Lee praised Việt Nam for its accomplishments in national construction and development towards the target of becoming an industrialized country by 2020 as well as the country’s increasingly important role in the region and in the world.

The two leaders expressed their pleasure at the strong development of the two countries’ friendship and comprehensive cooperation, and agreed that the two sides should maintain the regular exchange of delegations at all levels and support the establishment of a Friendship Association in each country.

Both sides agreed to expand cooperation on education, training, energy, oil and gas, agriculture, construction, transport, labor, finance, post and communications, and information technology.

The two PMs expressed their pleasure at the sound development of defense-security cooperation on the basis of the 2009 Defense Cooperation Agreement and the Transnational Crime Prevention Cooperation Agreement which was signed in 2006 and extended last year.

They also welcomed the signing of an agreement on submarine rescue procedures cooperation and a Memorandum of Understanding on information exchanges about non-military shipping and maritime activities.

PM Lee pledged that he will encourage Singaporean investors to invest in Việt Naam, especially in the fields of Việt Nam’s interest, such as seafood processing, clean vegetable cultivation and genetic technology.

He also agreed to PM Dũng’s request for favorable conditions for Việt Nam’s exports, including agro-forestry-seafood and garment items, to enter the Singaporean market for more balanced trade ties.

Meanwhile, PM Dũng highly valued the fact that Singapore has always been among the top investors in and trade partners of Việt Nam.

Singapore now has nearly 1,200 projects worth over $28 billion in Việt Nam and the two-way trade reached over US$9 billion last year.

The two PMs expressed their satisfaction at the effective operation of the Việt Nam-Singapore Industrial Parks in the provinces of Bình Dương and Bắc Ninh and Hải Phòng city.

They expressed their hope that the fifth one to be built in Quảng Ngãi province will also be successful.

PM Lee pledged that Singapore will continue to support Việt Nam in the Trans-Pacific Partnership (TPP) negotiations, saying that the TPP will benefit all members, especially developing countries.

As regards regional and international cooperation, the two leaders agreed to step up mutual collaboration and work together with other ASEAN countries for the establishment of the ASEAN Community by 2015, enhancing the solidarity among ASEAN and upholding the bloc’s central role in the region for the sake of regional peace, security and prosperous development.

The two PMs also expressed satisfaction at the close coordination between the two countries in the framework of the Association of Southeast Asian Nations (ASEAN), the Asia-Pacific Economic Cooperation (APEC) forum, the Asia-Europe Meeting (ASEM) and the United Nations.

Regarding the East Sea issue, the two leaders emphasized the association’s principles as mentioned in the Six-Point Declaration of ASEAN Foreign Ministers on the issue, which laid emphasis on ensuring peace, security, and maritime safety and freedom in the East Sea, resolving disputes by peaceful measures based on the 1982 United Nations Convention on Law of the Sea (UNCLOS), and the Declaration on the Conducts of Parties in the East Sea (DOC).

The two PMs also agreed to the necessity of working towards an early establishment of the Code of Conduct of Parties in the East Sea (COC).



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