President Lula Declares New Phase in Brazil-Vietnam Cooperation
President Lula’s State visit to Vietnam signifies a new phase of cooperation aimed at enhancing bilateral trade, including the opening of the Vietnamese market to Brazilian beef. The partnership aims for a mutual trade goal of USD 15 billion by 2030, with emphasis on collaboration in education, agriculture, renewable energy, and mutual support in global initiatives.
President Luiz Inácio Lula da Silva recently emphasized the significance of his State visit to Vietnam, declaring it as a pivotal moment for Brazil-Vietnam relations. His remarks were made at the conclusion of the Brazil-Vietnam Economic Forum held in Hanoi, highlighting the opening of the Vietnamese market to Brazilian beef as a landmark achievement. Lula articulated the need for stronger commercial relations between the two nations, aimed at enhancing mutual trade policies and synergies.
Lula further indicated that Vietnam’s acknowledgment of Brazil as a reliable partner would deepen trade discussions and facilitate the establishment of robust trade policies. The Brazilian leader affirmed the importance of negotiating a Mercosur-Vietnam trade agreement, projected to launch upon Brazil’s assumption of the bloc’s presidency, thus positioning Brazil as Vietnam’s gateway to Latin America.
The historic trade growth between Brazil and Vietnam, from USD 534 million in 2008 to an anticipated USD 7.7 billion in 2024, exemplifies the strengthening bilateral ties. Lula expressed a joint aspiration to achieve USD 15 billion in trade by 2030. He remarked on the necessity of collaboration amidst rising protectionism to ensure equitable international trade practices.
The Brazilian President articulated opportunities for collaborative efforts in education, science, and cultural exchange, emphasizing the necessity for enhanced interaction between researchers and educational institutions of both nations. Lula also expressed gratitude toward Vietnam’s backing of Brazil’s Global Alliance Against Hunger and Poverty initiative.
In the realm of aerospace, Lula highlighted Brazil’s successful negotiations to sell EMBRAER jets to Japan and envisioned similar prospects for Vietnam Airlines, suggesting the establishment of a training and maintenance center in Vietnam to enhance connectivity across Southeast Asia.
Lula also underscored Brazil’s commitment to renewable energy partnerships, advocating for cooperation in biofuels, wind energy, and solar power to meet decarbonization goals. He called for private sector involvement in emission reduction strategies as crucial for addressing climate challenges.
During this visit, Lula announced Brazil’s intention to propose the Tropical Forest Forever Fund at COP30, seeking Vietnam’s support for this initiative aimed at providing financial resources to tropical countries that diligently conserve ecosystems, including both Vietnam and Brazil.
Additionally, an Action Plan detailing the Strategic Partnership’s priorities was signed, encompassing key areas such as defense, trade, agriculture, technology, environmental sustainability, and cultural cooperation. This plan is set to fortify political dialogue and foster new cooperation initiatives.
The Brazil-Vietnam Economic Forum slated various business leaders from diverse sectors, alongside ministerial panels featuring notable Brazilian officials, reinforcing bilateral collaboration in numerous economic realms. Prior to the Forum, President Lula paid a visit to the Vietnam Military History Museum, reaffirming the significance of cultural exchange between the two nations.
In conclusion, President Lula’s State visit to Vietnam marks a significant milestone, highlighting key areas of cooperation including agriculture, aerospace, renewable energies, and cultural exchange. The establishment of a strategic partnership alongside the opening of the Vietnamese market to Brazilian products reflects a mutual commitment to enhancing bilateral trade and addressing global challenges. With ambitious goals for future trade and collaboration set between Brazil and Vietnam, this visit underscores the importance of international partnerships in a continually evolving global economy.
Original Source: www.gov.br
Post Comment