Việt Nam calls for a more open and equal playing field in agricultural trade

Feb 27th at 08:08
27-02-2024 08:08:10+07:00

Việt Nam calls for a more open and equal playing field in agricultural trade

Minister of Industry and Trade (MoIT) Nguyễn Hồng Diên called on all members of Cairns Group, a coalition of agricultural exporting countries, to commit to achieving an open, market-oriented and more equal playing field in agricultural trade.

Delegates attend the Ministerial Conference (MC13) of the Cairns Group under the framework of the World Trade Organisation (WTO) in Abu Dhabi and Dubai, United Arab Emirates, on February 25. — Photo tinnhanhchungkhoan.vn

The Vietnamese delegation led by Minister Diên attended the Ministerial Conference (MC13) of the Cairns Group under the framework of the World Trade Organisation (WTO) in Abu Dhabi and Dubai, United Arab Emirates, on Sunday.

Speaking at the meeting, Diên emphasised the importance of agriculture in ensuring the welfare, food security and socio-economic development of each country.

“Good agricultural growth and healthy agricultural trade development will ensure the stability of the world economy, especially in the context that many countries are still in the recovery phase after the COVID-19 pandemic,” said Diên.

However, he also said that the results achieved by WTO members in reforming agricultural regulations recently were still very modest and had many limitations.

“For example, domestic supports distort trade, market access is limited, and export competition is unfair,” stressed Diên.

The leader affirmed that Việt Nam always welcomes new initiatives as well as efforts to promote negotiations for common benefits, on a basis consistent with the level of development and implementation capacity of the economies. These initiatives must be feasible and not create burdens due to new obligations.

In addition, Việt Nam commits to continuing to coordinate closely with members of the Cairns Group in efforts to achieve specific results in priority areas to support the development of the multilateral trading system.

"Việt Nam believes that the MC13 of Cairns Group will achieve more substantive results, contributing to promoting fair trade in agricultural products," said Diên.

At the meeting, countries recognised that agricultural negotiations were at an important stage. Among issues the WTO is promoting negotiations on, agriculture is the most important area and agricultural trade reform is considered the "health" of the multilateral trading system, as well as the process of building future global trade rules. Therefore, during the meeting, countries agreed to coordinate closely with industry associations in the process of developing these reforms.

The meeting also witnessed consensus among member countries on promoting progress in all three pillars of the Agreement on Agriculture, including domestic support, market access and export competition, to ensure balance in the reform process and promote fair trade in agricultural products.

The Cairns Group was established in 1986 in Cairns, Australia, to lobby and implement activities to promote agricultural trade liberalisation. Việt Nam became an official member of the Cairns Group in 2013. 

Bizhub





NEWS SAME CATEGORY

15th Việt Nam International Furniture & Home Accessories Expo kicks off

The 15th Việt Nam International Furniture & Home Accessories Expo (VIFA EXPO 2024) began on February 26 at the SKY EXPO VIETNAM Center, Quang Trung Software City...

Prime Minister Pham Minh Chinh expects more from Siemens’ local operations

The Government will facilitate Siemens with better conditions to expand its operations in Vietnam.

Đắk Lắk Province farm exports boom

Đắk Lắk Province has shipped large volumes of agricultural produce this year to many markets around the world, a positive sign for its exports.

Enterprises hasten production after holidays, signaling recovery in 2024

Factories are hastening production from the first months of this year with improvements in orders coupled with tailwinds from improved consumption which are...

Over 100 agricultural stalls at OCOP fair

The fair runs from February 22 to 25 at Va Temple, Trung Hung Ward, Son Tay Town, Hanoi.

​Vietnam’s Quang Tri to break ground on $568mn deep-water port next month

Work on the My Thuy deep-water port project, which carries a price tag of VND14 trillion (US$568 million), in Quang Tri Province, north-central Vietnam will begin...

Hanoi to host new high-value IT parks

These technology parks in the three major cities will give priority to the development of IT services and products with a high added value.

Green transition creating challenges for garments and textiles SMEs

Vietnam has signed 16 free trade agreements (FTAs) with the international community, creating the conditions for firms to expand into new markets and boost...

PM orders SOEs to improve production, business efficiency

Prime Minister Phạm Minh Chính has requested State-owned enterprises (SOEs) to reform governance, improve production and business efficiency, and strongly promote...

Cooperatives go live to promote sales, but need support to be more professional

The gloom in traditional commerce and the strong rise of online shopping have forced cooperatives to go online and livestream to increase sales. However...


MOST READ


Back To Top