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Vietnam, Philippines look to establish strategic partnership

Leaders of Vietnam and the Philippines have agreed that the first meeting of the joint working committee of the two countries’ foreign ministries will be convened soon to discuss the setting up of the Vietnam-Philippines Strategic Partnership.

Leaders of Vietnam and the Philippines have agreed that the first meeting of the joint working committee of the two countries’ foreign ministries will be convened soon to discuss the setting up of the Vietnam-Philippines Strategic Partnership.
Leaders of Vietnam and the Philippines have agreed that the first meeting of the joint working committee of the two countries’ foreign ministries will be convened soon to discuss the setting up of the Vietnam-Philippines Strategic Partnership.

Leaders of Vietnam and the Philippines have agreed that the first meeting of the joint working committee of the two countries’ foreign ministries will be convened soon to discuss the setting up of the Vietnam-Philippines Strategic Partnership.

The agreement was made during a meeting between Vietnamese President Truong Tan Sang and his Philippine counterpart Benigno Simeon Aquino III in Beijing on Sunday, where they arrived to attend the 22nd Asia-Pacific Economic Co-operation (APEC) Economic Leaders’ Meeting.

At the talks, the two leaders expressed their pleasure at the sound development of bilateral relations between the two nations.

The two presidents also exchanged suggestions to boost cooperation in the fields of politics, diplomacy, economics, trade, finance, education, culture, tourism, sea and ocean.

Regarding trade ties, the two sides agreed to take effective measures to bring two-way trade to US$3 billion in 2016.

The two leaders also discussed international and regional issues of mutual concern and agreed to boost coordination in maintaining peace, stability, security, and maritime safety freedom in the region.

President Sang and his Philippine counterpart emphasized that all disputes should be settled based on international laws and the United Nations Convention on the Law of the Sea (UNCLOS).

They also agreed to cooperate closely in establishing an ASEAN Community by 2015 and support each other when the Philippines hosts the APEC Year in 2015 and when Vietnam holds the same event in 2017.

The two presidents exchanged and accepted their invitations to visit each other’s countries.

They are now among the leaders of countries taking part in the 22nd APEC Economic Leaders’ Meeting, which kicked off on Sunday with the theme of “Shaping the future through the Asia-Pacific Partnership.”

The event focuses on issues related to connectivity, the birth of a regional free trade area, and emerging concerns in economic and trade collaboration.