Vietnam, Japan agree to spice up commerce, safety ties By Reuters

© Reuters. FILE PHOTO: Vietnam’s Prime Minister Pham Minh Chinh and Japan’s Prime Minister Fumio Kishida bow in entrance of their nationwide flags as they assessment a guard of honour forward of a gathering on the prime minister’s official residence in Tokyo, Japan, November 24,

By Khanh Vu and Elaine Lies

HANOI (Reuters) – Japan and Vietnam agreed on Sunday to spice up financial and safety ties whereas calling for an finish to the warfare in Ukraine, Japanese Prime Minister Fumio Kishida stated throughout a Southeast Asia tour.

“We’ll strengthen bilateral ties with a purpose to put the economies of each nations again on a transparent restoration path within the wake of the coronavirus,” Kishida instructed reporters in Hanoi after assembly together with his counterpart, Pham Minh Chinh.

Chinh stated the 2 “agreed to spice up cooperation in post-pandemic commerce, strengthen provide chains and vitality transition, in accordance with mutual pursuits”.

Japan is Vietnam’s largest supplier of official improvement assist and third-largest supply of international direct funding. Bilateral commerce rose 8.4% final yr to $42.9 billion, based on Vietnam customs information.

Kishida and Chinh stated they mentioned regional responses to Russia’s invasion of Ukraine and to disputes within the South China Sea, the place China, the Philippines, Vietnam, Taiwan, Malaysia and Brunei have competing territorial claims.

“We agreed that any change in the established order by power can’t be recognised,” Kishida stated, referring to the Ukraine disaster. “We agreed on the necessity for the warfare to finish instantly.”

Kishida stated he and Chinh “additionally agreed to strongly oppose any makes an attempt to vary the established order by power within the South China Sea.”

Kishida held comparable discussions with Indonesia on Friday.

Chinh introduced Vietnam’s donation of $500,000 for humanitarian assist to Ukraine through worldwide organisations.

He stated Vietnam expects to start exporting longan to Japan in September, adopted by different produce akin to grapefruit, avocado and rambutan, whereas opening its marketplace for Japanese grapes.

Kishida stated Japan will help an vitality transition towards sources akin to biomass, hydrogen and ammonia in Vietnam, which has dedicated to turning into carbon impartial by 2050.

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