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RoK proposes trade balance with Vietnam

 VietNamNet Bridge – Deputy Foreign Minister of the Republic of Korea (RoK) Ahn Chong Ghee has expressed his government’s desire to strike a trade balance between the two countries.

VietNamNet Bridge – Deputy Foreign Minister of the Republic of Korea (RoK) Ahn Chong Ghee has expressed his government’s desire to strike a trade balance between the two countries.




The RoK would like to balance trade with Vietnam and to offer more incentives to Vietnamese exports, Ahn told Vietnamese Deputy Prime Minister Vu Van Ninh at a meeting in Hanoi on September 24.

The Korean diplomat is leading a RoK government delegation to the 8th meeting of the Vietnam-RoK Inter-government Committee.

He proposed Vietnam create more favourable conditions for Korean businesses to invest in infrastructure, banking, and energy industries, especially nuclear power.

Ahn said the RoK is preparing for the ASEAN-RoK Summit to take place by the end of this year, and called for Prime Minister Nguyen Tan Dung’s engagement in discussions on a free trade agreement (FTA) between the RoK and ASEAN.

He said hopes that the coming visit to the RoK by Vietnamese Party leader Nguyen Phu Trong will help lift bilateral ties to a higher level in all fields.

For his part, Deputy PM Ninh reiterated Vietnam’s policy of attaching great importance to the RoK-ASEAN FTA, adding that Vietnamese ministries and agencies are completing legal foundations for negotiations.




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