Vietnam and Egypt Strengthen Ties Through Cooperative Dialogue
Deputy Minister of Foreign Affairs Nguyen Minh Hang visited Egypt for political consultations with Minister Badr Abdelatty, focusing on enhancing cooperation in trade, investment, and emerging sectors. The meeting aims to strengthen bilateral relations, with discussions on future collaborations and regional stability.
On November 28-29, Deputy Minister of Foreign Affairs of Vietnam, Nguyen Minh Hang, visited Egypt for a courtesy meeting with Egyptian Minister of Foreign Affairs and Immigration Badr Abdelatty, during which they co-chaired the 10th round of political consultations. The discussions underscored the need for enhanced cooperation across various sectors, particularly in economics, trade, and investment. With Vietnam’s increasing interest in the Egyptian market, Abdelatty highlighted the potential of Egypt’s strategic location as a gateway to broader markets in Europe and Africa, encouraging Vietnamese businesses to capitalize on investment opportunities.
Hằng noted the historical ties between Vietnam and Egypt, spanning over six decades, and emphasized Egypt’s status as Vietnam’s key partner in Africa. She proposed continued collaboration in emerging sectors such as Halal products, renewable energy, food security, and fisheries. Furthermore, she urged the establishment of mechanisms to facilitate better business connections and consider negotiating a free trade agreement to strengthen bilateral relations.
The discussions also included plans for upcoming collaborative meetings and negotiations on critical documents, such as a double taxation avoidance agreement. On regional matters, both parties expressed concern over the ongoing Middle Eastern conflict, advocating for an immediate ceasefire and humanitarian assistance, while supporting a two-state solution as a pathway to lasting peace. Recognizing the significance of multilateralism, the representatives reiterated their commitment to adhering to international law, fostering continuous friendship and cooperation on regional and global issues.
The recent political consultation between Vietnam and Egypt reflects a growing trend of diplomatic engagement aimed at bolstering partnerships across multiple sectors. The importance of foreign trade, investment opportunities, and collaborative agreements are central to both nations, which seek to navigate the complexities of global economic integration. With Egypt’s strategic position and Vietnam’s expanding economic footprint in Africa, the potential for mutually beneficial cooperation is significant, particularly in industries poised for growth.
In conclusion, the meeting between Deputy Minister Nguyen Minh Hang and Minister Badr Abdelatty signifies a commitment to deepening the Vietnam-Egypt partnership through focused dialogues on trade, investment, and cooperative mechanisms. Both nations recognize the importance of leveraging their historical ties and strategic advantages to foster economic collaboration, while also addressing pressing regional challenges. Continued mutual support in international platforms and adherence to legal frameworks will be pivotal in achieving sustainable development for both countries.
Original Source: vietnamnews.vn
