Wojciechowski, who is on his initially take a look at to Vietnam as the EU Commissioner for Agriculture, reported the EU is investing in some assignments on sustainable and smart agriculture in the Southeast Asian country.
Stressing the relevance of small-scale agriculture that generates 30% of worldwide food, the EU Commissioner claimed Vietnam has expertise in this area and the two sides need to cooperate.
Wojciechowski also expressed his help for the Vietnamese government in sustainable improvement and protection of agricultural output functions, especially small-scale farming.
For his element, Thanh reported the go to by the EU Commissioner delivers an prospect for the two sides to greatly enhance cooperation, specially in agriculture and trade.
The EU is an critical economic spouse, the fifth greatest trade associate, the third premier consumer, the fifth most significant importer and sixth most significant trader of Vietnam, the formal emphasised.
Considering that the EU-Vietnam Free of charge Trade Agreement (EVFTA) took effect in August 2020, two-way trade has enhanced quickly, reaching almost US$57 billion last year, up 15% year-on-yr.
In the to start with 5 months of this 12 months, the worth stood at nearly US$26.2 billion, a yr-on-year increase of 14.4%.
Vietnam stands prepared to cooperate with the EU, especially in the world-wide food items and foodstuff process making, Thanh claimed, noting Vietnam wishes to expand collaboration with the bloc in agriculture, particularly trade, expense, weather adjust adaptation, inexperienced agriculture, and the making of farm create source chains.
The Deputy PM recommended the EU aid the export of Vietnamese agricultural and fishery merchandise to the industry, and called on the EU Commissioner to inspire EU corporations to make investments in Vietnam, focusing on large-tech agriculture and farm develop processing.
Ample home even now continues to be for the bilateral agricultural cooperation, he mentioned.
Thanh also educated Wojciechowski about Vietnam’s endeavours to remove the European Fee (EU)’s ‘yellow card’ warning on Vietnam’s fishery sector, and proposed the EU shortly elevate it.
In this regard, the EC Commissioner lauded Vietnam’s progress and urged the region to phase up initiatives in the battle from unlawful, unreported and unregulated (IUU) fishing.