Receiving a delegation from the U.S. Congress’s U.S.-China Economic and Security Review Commission (USCC) led by its Chair Reva Price, PM Chinh on Wednesday affirmed that Vietnam remains committed to a foreign policy of independence, self-reliance, openness, and multilateralism and diversification of relations, along with its "Four No’s" defense policy.

Prime Minister Pham Minh Chinh (R) meets with Reva Price, chair of the U.S. Congress’s U.S.-China Economic and Security Review Commission.

Vietnam pursues a policy of building an independent and self-reliant economy while proactively and actively engaging in extensive, substantive, and effective international integration, he stated.

He expressed satisfaction with the development of bilateral relations over the recent past, welcomed the U.S.’s continued efforts in addressing the war aftermath, and urged the country to soon recognize Vietnam's market economy status, remove Vietnam from the D1 and D3 strategic export control lists, and enhance technology transfer in bilateral economic, trade, and investment cooperation to help promote balanced and sustainable trade ties.

PM Chinh appreciated the U.S. administration and Congress’s support for a strong, independent, resilient, and prosperous Vietnam, calling on the USCC Chair and members to continue supporting the development of bilateral relations.

Regarding the tariff issue, the Government leader affirmed that Vietnam is ready to negotiate with the U.S. for the benefit of both peoples and business communities, aiming for balanced and sustainable trade.

He also viewed this as an opportunity to restructure the economy, diversify markets, products, and supply chains, and further build an independent and self-reliant economy while stepping up active, substantive, and effective integration into the world.

Discussing regional matters, the PM reiterated Vietnam’s consistent stance of addressing the East Sea issue through peaceful measures in accordance with international law, including the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

He highlighted efforts to implement the Declaration on the Conduct of Parties in the East Sea (DOC) and to promote negotiations on a substantive and effective Code of Conduct (COC) in line with international law.

He asked the U.S. to continue supporting ASEAN’s common stance on the East Sea issue and efforts to solve disputes through peaceful means in accordance with international law.

Expressing her pleasure at visiting Vietnam for the first time and her impression with the country’s strong development, Price affirmed that Vietnam is an important partner of the U.S. in the region.

Delegation members praised the achievements of bilateral ties over the past 30 years and showed optimism about the future development of bilateral relations.

They agreed with the PM’s proposals and pledged to continue advocating efforts to advance bilateral relations, including the recognition of Vietnam’s market economy status and the tariff negotiations between the two countries.

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