Vietnam, Sri Lanka Discuss Trade Expansion, FTA Negotiations

Vietnam's Industry and Trade Minister Nguyen Hong Dien is set to meet US Trade Representative Jamieson Greer to discuss the trade relationship and address potential tariff threats amidst a significant trade surplus with the US, which reached $123.5 billion last year. Prime Minister Pham Minh Chinh emphasized the importance of a balanced trade by increasing purchases of American products like aircraft and liquefied natural gas, and encouraged US investment in Vietnam's key industries. Chinh also highlighted the urgency of approving Elon Musk's Starlink satellite service in Vietnam. This diplomatic engagement aims to strengthen ties while navigating the complexities of the trade landscape shaped by US-China dynamics. Vietnam's government is committed to fostering a sustainable trade relationship, asserting that its policies do not compromise US national security or worker rights. The talks, scheduled for March 13, come at a pivotal moment as Vietnam seeks to diversify its trade partnerships amid global economic shifts.