Proposing India to open its market to Vietnamese agricultural products and fresh fruits | Market

Minister Nguyen Hong Dien suggested that the Indian side accelerate the opening of the market for agricultural products and fresh fruits of Vietnam. (Photo: Danh Lam/VNA)

At a meeting and working session with Mr. Sandeep Arya, Ambassador Extraordinary and Plenipotentiary of India to Vietnam on February 14 at the headquarters of the Ministry of Industry and Trade, Minister Nguyen Hong Dien suggested that the Indian side accelerate the opening of the market to the Vietnamese market. with agricultural products, fresh fruits of Vietnam. Because, Vietnam has a lot of fresh and delicious tropical fruits, but so far only dragon fruit has been licensed to be imported into India.

Minister Nguyen Hong Dien congratulated Mr. Sadeep Arya on his assignment as Ambassador Extraordinary and Plenipotentiary of India to Vietnam and expressed his thanks for his support. cooperate efficient, close-knit Embassy of India in Hanoi.

At the same time, the Minister highly appreciated the role of the Ambassador as an important bridge in promoting cooperative relations between the two countries in general and in the fields of trade, industry and energy in particular. The Minister expressed his wish that the Ambassador would make a stronger contribution to the development of the comprehensive strategic partnership Vietnam-India next time.

Also at the meeting, Minister Nguyen Hong Dien and Ambassador Sandeep Arya discussed and were pleased to see that the economic, trade and investment cooperation between Vietnam and India has made strong progress in the recent years. last time. India has now become the largest investment partner, the largest trading partner of Vietnam in South Asia.

However, bilateral trade turnover between Vietnam and India only reached 15 billion USD in 2022, up 13.6% compared to 2021 but accounting for only 2% of Vietnam’s total trade turnover with the world.

With good political and diplomatic relations, the potential of the two economies, and the large international trade scale of Vietnam and India, the two countries still have a lot of room to further increase trade. Bilateral.

In order to fully exploit the potential, strengths and space in the economic, trade and investment relations between the two countries, Minister Nguyen Hong Dien suggested that the Indian side work closely to prevent disruption of the supply chain. production in the region and around the world.

[Đại sứ Sandeep Arya: Còn nhiều dư địa để Ấn Độ và Việt Nam hợp tác]

On the other hand, promote trade promotion activities, especially information provision activities marketpromoting images and brands for businesses of the two countries.

Moreover, organizing activities to connect businesses on trade and investment cooperation, diversify the supply chain of raw materials, especially in industries where the two sides have strengths such as textile raw materials, leather and footwear. , pharmaceuticals from India, agricultural and aquatic products, food from Vietnam.

In addition, the Minister asked the Ambassador to assist in speeding up the import licensing process for Vietnamese fruits, first of all, longan, pomelo, rambutan and durian, then other types such as avocado, coconut, etc. watermelon, strawberry.

At the meeting, Minister Nguyen Hong Dien also raised concerns regarding India’s policy measures in recent years, such as imposing floor prices on imports of pepper and cashew nuts, restricting the import of incense sticks, and other requirements. verify the origin of goods according to the Customs Law CAROTAR 2020.

These regulations create a burden, cause damage to exporters and can impede trade. Therefore, the Minister asked the Ambassador to pay attention and support to promote relevant agencies of India to seriously consider the concerns of Vietnam in particular and ASEAN countries in general.

Moreover, there is an appropriate solution, on the basis of compliance with regulations/commitments in multilateral frameworks and legitimate interests of the parties.

The Indian Ambassador said that Vietnam is India’s most important trade partner in ASEAN, and Vietnam and India’s economies have a relatively large support.

In particular, the current relationship between the two countries is a comprehensive strategic partnership. Vietnam is an important partner of India in the Indo-Pacific vision as well as the Act East policy of the Indian government.

The Indian Ambassador highly appreciated the potential cooperation between the two countries, especially in the fields of renewable energy, oil and gas, information technology, digital economy, pharmaceuticals in the context of the industrial revolution 4.0. These fields can open up many opportunities for cooperation between the two countries now and in the future.

I suspect An Do is a member of a high school competition, Vietnam's hot and old boy is a picture of him 2Vietnam has a lot of specialty tropical fruits, but so far only dragon fruit has been licensed to be imported into the Indian market. (Photo: Minh Tri/VNA)

In addition, the Indian Ambassador expressed his high agreement with the measures to enhance bilateral economic and trade that Minister Nguyen Hong Dien analyzed, especially on anti-fracture and diversification of supply chains. response, trade promotion and trade expansion of agricultural products.

For restrictive policy measures commerce of India, Ambassador Sandeep Arya shared with Vietnam’s concerns and expressed that he would discuss with relevant Indian agencies to resolve positively.

Ambassador Sandeep Arya said that the two countries are promoting and preparing for the mutual visits of the two countries’ senior leaders in 2023. Therefore, the two sides need to quickly organize technical meetings to settle the outstanding contents and problems in bilateral economic-trade relations.

The Minister and Ambassador agreed to soon promote the organization of the next meeting of the Vietnam-India Joint Subcommittee on Trade in New Delhi in the first half of 2023 to contribute results and substantive content to the mechanism. meeting of the Vietnam-India Joint Committee and for the mutual visits in 2023 by the leaders of the two countries.

At the end of the meeting, Minister Nguyen Hong Dien once once more congratulated Ambassador Sandeep Arya on a successful term in Vietnam, and wished that the Ambassador would continue to contribute and cultivate the strategic partnership. The comprehensive and well-rounded relationship between Vietnam and India has grown stronger.

Uyen Huong (VNA/Vietnam+)

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