Vietnam and Egypt aim to strengthen bilateral cooperation in trade and investment through high-level meetings and discussions, addressing regional concerns and encouraging Vietnamese businesses to leverage Egypt’s market potential.
During her official visit to Cairo from November 28 to 29, Deputy Minister of Foreign Affairs Nguyễn Minh Hằng met with Egyptian Minister of Foreign Affairs and Immigration Badr Abdelatty, co-chairing the 10th political consultation between their ministries. Both sides highlighted the progress made in their cooperative relations, particularly in economy, trade, and investment. The Egyptian Minister expressed eagerness to strengthen bilateral ties and encouraged Vietnamese businesses to capitalize on Egypt’s strategic location and market potential.
Deputy Minister Hằng acknowledged the over six decades of relations between Vietnam and Egypt and emphasized the need to further enhance cooperation across various sectors. She advocated for strengthening political trust and fostering high-level mutual visits to elevate bilateral engagements. Furthermore, she pinpointed the necessity for collaboration in emerging sectors such as Halal products, renewable energy, food security, and fisheries, suggesting that a free trade agreement could bolster this partnership.
In discussions pertaining to regional matters, both parties acknowledged their concerns about the ongoing Middle East conflict, urging for a ceasefire and emphasizing the importance of humanitarian assistance in Gaza. They reiterated their commitment to a two-state solution for lasting peace. On the East Sea issue, they advocated for a peaceful resolution of disputes based on international law, with a particular reference to the 1982 United Nations Convention on the Law of the Sea (UNCLOS). The meeting concluded with a mutual commitment to uphold multilateralism and international laws while fostering peace and cooperation on regional and global platforms.
The diplomatic relations between Vietnam and Egypt have evolved significantly since the establishment of formal ties over sixty years ago. In recent years, both nations have sought to deepen their partnership, focusing on key areas such as economic collaboration and investment opportunities. Given Egypt’s strategic position as a gateway to African and European markets, it presents lucrative prospects for Vietnamese businesses. Furthermore, current regional issues, particularly the Middle East conflict, have highlighted the importance of cooperative efforts in upholding international law and advocating for humanitarian measures.
In conclusion, the visit of Deputy Minister Nguyễn Minh Hằng to Egypt reinforced the commitment of both nations to enhancing cooperation across various sectors. With a shared vision of promoting economic integration and mutual support in international forums, Vietnam and Egypt are poised to bolster their bilateral relations. The discussions not only addressed economic cooperation but also highlighted a unified stance on pressing regional issues, underscoring the importance of diplomacy in fostering peace and development.
Original Source: vietnamnews.vn
