Free Trade Agreement to Enhance Vietnam – Israel Bilateral Ties in All Fields

The ceremony was organized by the Embassy of Israel in Vietnam in Hanoi. From the Vietnamese side, some of the special guests are Former Secretary General of the Vietnam Chamber of Commerce and Industry Pham Chi Lan and Former Director of the Middle East – Africa Department, Ministry of Foreign Affairs Nguyen Quang Khai. From the Israeli side, there was Dr. Rafi Kot, founder of Family Medical Practice.

Israeli Ambassador to Vietnam Yaron Mayer delivered his remarks on the the 75th Anniversary of the establishment of the State of Israel, welcoming Vietnamese, Israeli and international friends to celebrate the important event.

Free Trade Agreement to Enhance Vietnam - Israel Bilateral Ties in All Fields
Israeli Ambassador to Vietnam Yaron Mayer (Photo: Ngoc Chau)

“Seventy-five years of innovation is a transformation [for Israel]. Visionary leaders led the people of Israel to initiate innovation in almost every area of ​​life: education and research, agriculture, water management, science and technology, and healthcare. Today, Israel is a rising power in the world in technological innovation, known as the Startup Nation,” said the Israeli Ambassador.

He also claimed that, since the establishment of diplomatic relations on July 12, 1993, the multifaceted cooperation relationship between Vietnam and Israel has continuously achieved many important achievements. The two countries become each other’s leading important partners in Southeast Asia and the Middle East.

In his speech, Deputy Foreign Minister Ha Kim Ngoc stressed the breakthroughs in Vietnam – Israel economic cooperation, including the concluded negotiations of the Vietnam – Israel Free Trade Agreement (VIFTA). This is an important milestone contributing to the completion of the legal framework, for economic, trade, and investment cooperation between the two countries in the coming time.

Free Trade Agreement to Enhance Vietnam - Israel Bilateral Ties in All Fields
Deputy Foreign Minister Ha Kim Ngoc (Photo: Ngoc Chau).

“We appreciate Israel’s agricultural training. Trainees returning from Israel have promoted the spirit of entrepreneurship and applied advanced technologies to agricultural projects in Vietnam. They contributed to the development of Vietnam’s agricultural industry and are the bridge to cultivate the friendship between Vietnamese and Israeli people,” said Deputy Minister Ha Kim Ngoc.

Another special part of the ceremony is the introduction of Israel’s smart irrigation system, water treatment, and testing technology. There were also music performances of the Israeli band “Ice Hokku,” a 3D apparel and footwear fashion, VR experience.

Free Trade Agreement to Enhance Vietnam - Israel Bilateral Ties in All Fields
Delegations at the ceremony (Photo: Ngoc Chau).

A Bilateral Free Trade Agreement is an economic cooperation agreement signed between two countries to remove barriers to most trade activities and to promote bilateral trade. Barriers can be in the form of tariffs, import quotas, other non-tariff barriers such as technical standards, and sanitary and phytosanitary standards.

After taking effect, the VIFTA will promote trade exchange between the two countries and increase bilateral import and export turnover. Basically, the product structure of Israel and Vietnam complement each other, not compete directly. While Vietnam is one of the world-famous exporters of agricultural products, Israel is a leading country in high-tech products.
Zoey Nguyễn

The post Free Trade Agreement to Enhance Vietnam – Israel Bilateral Ties in All Fields appeared first on Vietexplorer.com.

View more from VietExplorer:

Born without arms, Pakistani snooker player masters the game
Vietnam’s capital named among world’s top 10 cities for cycling enthusiasts
Doctors carry out organ transplant to 6 patients from brain-dead donor
Storm Etau inundates, isolates urban areas in Phu Yen, Dak Lak
Remarks by PM Nguyen Xuan Phuc at third Paris Peace Forum
Digital ASEAN in spotlight at business, investment summit
Mekong countries and partners boost cooperation
Former police officer arrested for accidentally killing man in gun test
Vietnam’s Ho Chi Minh City heads the list of cheapest places for American expats
Vietnamese kindergarten teacher suspended for breaking 3-year-old boy’s leg
Hanoi: Series of activities open to mark 15th Vietnam Cultural Heritage Day
Covid-19 slices US$23 billion from Vietnam’s tourism revenue
Alluring cloud hunting places in northern Vietnam for visual feast
Tips to Know About SBOBET Games
Israel Film Festival 2020 to be held in Hanoi and HCM City
Heavenly Sa Pa amid autumn’s sea of clouds
Exploring the Flavors of Khanh Hoa Cuisine: Must-Try Dishes
ASEAN 2020: 8th ASEAN-US Summit opens
The more things change the more they stay the same for French Open king Nadal
French Open history won’t matter in final against Djokovic, says Nadal

Comments

Post a Comment

Popular posts from this blog

How Vietnamese parents utilize Facebook to nurture their children’s love for reading

Image
Duong Quang Minh, a teacher from the Mekong Delta city of Can Tho, came up with the idea for this campaign. The goal is to help parents integrate a reading habit into their children’s daily routines. The campaign provides practical guidance and a roadmap that has been proven successful in many families. The program is divided into several sessions that will take place throughout 2024. It will kick off with 12 interactive workshops scheduled from January 1 to February 7. Le Thi Thuy Phuong reads a book with her daughter in Ha Giang Province, northern Vietnam. Photo: Supplied Following the introductory workshop, parents are encouraged to participate in a competition to create a reading corner within their homes. “Creating this space doesn’t require a lot of shopping or a big investment. It can be done with items that are already available in the household,” said Minh. “Having a designated book corner in each home has been proven to significantly increase children’s engag
Read more

Ninh Binh requests increased UNESCO support for heritage conservation

Image
During a meeting with a UNESCO delegation led by Jonathan Baker, Chief Representative of UNESCO in Vietnam, Huan highlighted the crucial role that UNESCO has played in the socio-economic development of Ninh Binh Province. He emphasized that since Trang An complex received UNESCO recognition in 2014, it has contributed to local economic restructuring and the development of tourism. Ninh Binh is committed to transforming into a millennium urban heritage site and a creative city with exceptional values. Recognizing the challenges in preserving and promoting heritage values, climate change, and urbanization, the province hopes to receive further assistance from UNESCO. This includes mobilizing international resources for archeological and biodiversity research, as well as implementing advanced preservation measures. Ninh Binh also seeks UNESCO’s support and close cooperation in building a UNESCO charter or declaration for the Trang An landscape complex. Ninh Binh is home to the UN
Read more

French researcher uncovers mysteries of Vietnamese traditional art

Image
Recently, French researcher Charlotte Aguttes-Reynier (President of the Asian Artists Association in Paris) presented the book Modern Art in Indochina (L’Art Moderne En Indochine) to the Vietnamese public, shedding light on the darkness that obscures the richness and importance of Indochinese art, an important part of international art history. On this occasion, Charlotte Aguttes-Reynier talks to The Hanoi Times about her experiences after 10 years of research into Vietnam’s Golden Age of Art. How did you come to research Indochinese art? Since I was a child, I followed my father, the owner of the Aguttes auction house, to museums and collectors. In 1995, my family moved to Paris, where the art market was vibrant. I became interested in painting in general, oriental painting, and impressionism. Gradually, I have specialized in modern art. Since 2013, I have been studying Indochinese art and artists from Asia. Since then, I have supervised and auctioned about 1,000 paintings, incl
Read more