On October 28, 2024, Vietnam and the UAE upgraded their relations to a Comprehensive Partnership during Prime Minister Phạm Minh Chính’s visit. The Joint Statement outlines enhanced cooperation in various areas including foreign affairs, economic ties, security, energy, and socio-cultural exchanges, aiming for greater mutual benefits.
On October 28, 2024, Vietnam and the United Arab Emirates (UAE) elevated their diplomatic relationship to a Comprehensive Partnership during Prime Minister Phạm Minh Chính’s official visit to the UAE. The Joint Statement issued on this occasion highlights the extensive history of cooperation since the establishment of diplomatic relations in 1993, emphasizing shared values of mutual respect and beneficial collaboration for both nations. The upgrade aims to enhance cooperation across various sectors, including foreign affairs, defense, economic ties, energy, and socio-cultural exchanges. The statement outlines several key areas of focus: increasing bilateral exchanges at all levels, adopting new cooperative mechanisms, and collaborating on defense, security, and legal matters. Economically, the two nations aspire to implement the Comprehensive Economic Partnership Agreement (CEPA) to unlock a target of $10 billion in bilateral trade, while also enhancing investments in sectors like renewable energy and technology. Furthermore, Vietnam and the UAE recognize the importance of socio-cultural ties, vowing to promote tourism, sports, education, and labor cooperation to strengthen people-to-people connections. This partnership marks a significant step in deepening collaboration between the two nations in this new era of international relations.
The upgrade of the Vietnam-UAE relations stems from a longstanding partnership that began with diplomatic ties established in 1993. Over the years, both nations have fostered a robust relationship characterized by mutual respect, collaboration, and significant achievements in diplomacy, trade, and cultural exchange. The decision to establish a Comprehensive Partnership reflects both countries’ aspirations for deeper cooperation across various fields amid a global landscape that emphasizes the importance of international partnerships. The shift to a Comprehensive Partnership allows for more structured engagement, paving the way for mutual benefits in areas such as business, technology, and sustainability initiatives.
In conclusion, the Joint Statement issued by Vietnam and the UAE signifies a crucial advancement in their bilateral relations, establishing a Comprehensive Partnership that aims to enhance cooperation across multiple sectors. By prioritizing economic collaboration, defense coordination, and socio-cultural exchanges, both countries are poised to unlock new opportunities for growth and development, solidifying their positions as strategic partners on the global stage.
Original Source: vietnamnews.vn
