President holds phone talks with RoK’s President-elect

President holds phone talks with RoK’s President-elect

President Phuc highlighted important achievements the two countries have reached in bilateral and multilateral fields during the past 30 years since the establishment of diplomatic relations in 1992.

The two countries have become each other’s strategic cooperative partners with an increasingly deep level of mutual trust and understanding, and practical and expanded cooperation, he said.

The State leader thanks the RoK government for actively donating medical equipment and vaccines to support Vietnam’s fight against the COVID-19 pandemic in recent times.

He took the occasion to invite the RoK President to visit Vietnam.

For his part, President Yoon affirmed that the RoK always attaches importance to the relationship with Vietnam, which, he said, is at its best ever.

He also expressed his hope that the two nations will further promote cooperative ties in the coming time, including tourism and people-to-people exchange.

The RoK will continue to encourage its businesses to invest and expand their operations in Vietnam in the future, especially in key fields, he stressed, adding that the country will also create favorable conditions for Vietnamese citizens to enter the RoK.

President Yoon spoke highly of Viet Nam’s role in ASEAN and thanked Viet Nam for its contributions to peace, stability, cooperation and development on the Korean Peninsula.

He was pleased to accept the invitation of President Phuc to visit Vietnam, and also invited the Vietnamese President to visit the RoK in 2022.

The leaders agreed to maintain the exchange of high-level delegations and meetings with various appropriate forms; support the strengthening of security, defense and defense industry cooperation; and cooperate closely in implementing activities to celebrate the 30th founding anniversary of diplomatic ties (1992-2022), towards upgrading the relations to a “comprehensive strategic partnership”.

The two Presidents held that the two nations will coordinate in implementing measures to lift their bilateral trade to $100 billion by 2023 and $150 billion by 2030; as well as effectively performing existing trade agreements such as the Viet Nam – RoK Free Trade Agreement (VKFTA), and the Regional Comprehensive Economic Partnership Agreement (RCEP).

Viet Nam and the RoK will continue to cooperate closely in regional and international issues, and assist the Southeast Asian nation in its role as the coordinator of RoK-ASEAN in 2021-2024, they said.