Strengthening Ties: President To Lam Forges Closer Bonds with South Korea in Key Phone Call
Vietnam and Republic of Korea Strengthen Strategic Partnership
General Secretary and President To Lam congratulated the Republic of Korea on its recent achievements, including its economic recovery and strengthening of the supply chain. He highly appreciated the rapid development of the Vietnam-RoK relationship in most areas over the past 32 years, especially after the two sides upgraded their relationship to a comprehensive strategic partnership.
The two leaders agreed to further enhance mutual understanding and political trust through maintaining high-level contacts and exchanges and through Party, Government, National Assembly and people-to-people channels between the two countries. They also agreed to strengthen cooperation in the fields of defense and security, and promote economic, trade and investment cooperation to be increasingly substantive, effective, balanced and sustainable.
Economic Cooperation and Trade
The two sides agreed to work together to increase bilateral trade turnover to 150 billion USD by 2030. General Secretary and President To Lam welcomed Korean enterprises to participate in major investment projects in Vietnam. The President of the Republic of Korea emphasized that Korea will increase the import of agricultural products from Vietnam.
People-to-People Exchange and Regional Cooperation
The two sides agreed to promote cooperation in labor, culture, tourism, education, and people-to-people exchange, and to care for and support citizens of the two countries living, studying, and working in each other’s country. They also agreed to strengthen cooperation on regional and international issues.
Regional Security and International Law
General Secretary and President To Lam affirmed that Vietnam is always interested in and ready to actively contribute to the peace process on the Korean Peninsula. Regarding the East Sea issue, the two sides agreed on the necessity of maintaining peace, stability, cooperation, development, and respect for international law and the 1982 United Nations Convention on the Law of the Sea.
Future Cooperation and Visits
The President of the Republic of Korea respectfully invited General Secretary and President To Lam to visit Korea soon. General Secretary and President To Lam gratefully accepted the invitation.