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Talking on the occasion, Luxembourg Overseas Minister Jean Asselborn emphasised that Luxembourg attaches nice significance to its relations with Southeast Asian international locations, and hopes to additional strengthen financial cooperation and develop connectivity with the ASEAN in varied fields from finance, funding, fintech, transportation, logistics, to data and communication know-how.
In the meantime, Economic system Minister Franz Fayot and Chamber of Commerce President Luc Frieden expressed satisfaction with sustainable progress in commerce exchanges between the 2 sides, from 205 million EUR (216.1 million USD) in 2019 to 273.8 million EUR final yr. The officers additionally outlined measures to additional strengthen financial, commerce and monetary cooperation.
The events additionally exchanged views on a number of regional and worldwide problems with mutual concern.
Collaborating delegates and companies appreciated the position, place and nice potential of ASEAN, together with Vietnam. Many praised Vietnam’s financial achievements, and its authorities’s efforts for post-pandemic restoration and inexperienced and sustainable growth. They agreed Vietnam is certainly one of Luxembourg’s most essential companions in ASEAN, including that it’s essential to proceed to benefit from current agreements, together with the Vietnam-Luxembourg Free Commerce Settlement, and search cooperation alternatives in new fields.
Ambassador Thao appreciated Luxembourg’s place as one of many main European and international monetary and know-how facilities, and emphasised the complementarity of Luxembourg and EU economies with these of Southeast Asia.
The 2 sides nonetheless have nice potential and alternatives to strengthen cooperation, he said, including that the Vietnamese Authorities all the time welcomes and creates beneficial situations for Luxembourg companies to speculate and promote their strengths in such fields as finance, air transport, tourism, and development.
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