Vietnam, US hold trade meeting in Washington

16:12 | 31/05/2017 Events

Minister of Industry and Trade Trần Tuấn Anh and US Trade Representative Robert Lighthizer met as co-chairs of the Việt Nam-US Trade and Investment Framework Agreement (TIFA) Council on Tuesday.

Minister of Industry and Trade Tran Tuan Anh (R) and US Trade Representative Robert Lighthizer - Photo: VNA

The two trade officials discussed ways to address economic and trade barriers between the two nations during their meeting in Washington, reflecting a spirit of openness and candid dialogue.

Minister Trần Tuấn Anh stated Việt Nam’s stance and proposals on how to tackle economic, trade and investment issues of the United States’ concern, including advertisements on US social websites, e-payment services and import of some farm produce products.

He urged the United States to soon recognise Việt Nam as a market economy and give thorough consideration and make fair decisions on anti-dumping and anti-subsidy investigation on Vietnamese exports in line with United States and the World Trade Organisation’s regulations.

He also asked the United States to end the catfish investigation and speed up licensing procedures to import fruit from Việt Nam.

At the meeting, the US trade representative lauded Việt Nam for successfully organising the 23rd APEC Ministers Responsible for Trade Meeting while affirming that the TIFA Council is an important mechanism to handle economic, trade and investment issues between the two nations.

Both sides agreed to promote activities of the TIFA Council to address problems that may arise and further enhance economic relations between the two countries in the future.

Theo VNS