Trade Agreements Between Philippines And Vietnam

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Trade Agreements Between Philippines And Vietnam

Closer defence and security cooperation between the Philippines and Vietnam, particularly in the maritime area, could encourage the United States to participate in trilateral exercises. Vietnam could try to use the recently launched U.S. surveillance flights from the Philippines. A Memorandum of Understanding supported the exchange of information between the Philippine Navy and the Vietnamese People`s Navy. They also agreed to strengthen links between their academic institutions through joint training programmes in the areas of human resource development, agriculture, electronics and English. On 30 January, Philippine Foreign Minister Albert del Rosario received his Vietnamese counterpart, Pham Binh Minh, in Manila for the inaugural meeting of the Joint Commission for strategic partnership. According to a joint statement made after the talks, the two ministers agreed “on the basis of obstacle, equality, mutual respect and cooperation… “Increase the level and intensity of bilateral trade between the two countries.” Areas of cooperation that could be included in the Strategic Partnership Agreement include: agriculture, culture, diplomacy, economy, education, finance, investment, maritime security, marine environmental protection, hydrocarbon pollution research, people-to-people exchanges, political issues, security, search and rescue, tourism and trade. Before the case of Saigon, which introduced the dissolution of South Vietnam, the Philippines was already preparing to establish relations with northern Vietnam. President Marcos authorized his wife, First Lady Imelda Marcos, to make direct contact during his state visits to Middle Eastern countries in early 1975. The communist takeover of Cambodia and the imminent defeat of South Vietnamese forces led Manila to establish links with Hanoi. This measure was not considered so surprising, because it was in line with Marcos` foreign policy, to strengthen relations with the socialist states in order to expand economic and trade relations. [1] Relations between the Philippines and Vietnam focus on bilateral relations between the Republic of the Philippines and the Socialist Republic of Vietnam.

Since the end of the Cold War, relations between the two countries have warmed markedly. Vietnam is sometimes considered the Philippines` only communist military ally. The two nations have collaborated in education, tourism, agriculture, aquaculture, trade and defence. In addition, the two nations have similar positions on the South China Sea issue, with Vietnam supporting the Philippines` VICTORy at the ICC against China and the Philippines supporting, to some extent, Vietnam`s claim to the Paracels. The two nations overlapped in the Spratlys, but never had military confrontations, both of which saw each other as diplomatic allies and BROTHERS of ASEAN. JCBC examines bilateral relations between the Philippines and Vietnam as a whole, in particular progress in implementing its 2011-2016 action plan. The Action Plan is a framework for specific initiatives to develop bilateral relations in areas such as defence and security, fisheries, agriculture, trade, culture and tourism. The two heads of state and government reaffirmed that maritime cooperation is a pillar of bilateral relations. They therefore agreed to continue regular exchanges through their Joint Committee on Maritime and Oceanic Cooperation and the Group of Legal Experts on Maritime Issues. The two heads of state and government renewed their commitment to implement existing defence and security agreements and to strengthen cooperation between their logistics and defence industry agencies. They also agreed to speed up negotiations for an extradition agreement.

Bilateral trade was $1.6 billion in 2012.

Por | 2020-12-18T22:14:48+00:00 dezembro 18th, 2020|Sem categoria|0 Comments

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