Vietnam and Argentina Strengthen Comprehensive Partnership in 9th Political Consultation

Photo: Vietnamese Embassy in Argentina

Vietnam and Argentina held their 9th Political Consultation, a significant event underscoring the strengthening relationship between the two nations. The consultation was co-chaired by Vietnamese Deputy Foreign Minister Ha Kim Ngoc and his Argentine counterparts Marcia Rosa Levaggi and Gabriel Martinez, emphasizing their mutual commitment to deepening cooperation across a variety of sectors. This growing partnership is reflective of the complementary nature of the two economies, with both nations seeking to expand collaboration in key areas such as trade, investment, clean energy, and essential minerals.

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Expanding Bilateral Cooperation

A major outcome of the political consultation was a mutual commitment to fast-track negotiations on key agreements that would foster more favorable conditions for cooperation. These include the Double Taxation Avoidance Agreement and the Investment Protection Agreement. Such agreements are essential for providing a more structured legal framework, facilitating smoother economic exchanges between Vietnam and Argentina. Ngoc and his Argentine counterparts also discussed the possibility of enhancing partnerships in agriculture, tourism, and aviation—sectors that both nations view as promising avenues for economic growth​.

The two sides recognized that their economies complement each other, with each country bringing unique strengths to the partnership. For example, Vietnam's agricultural sector can benefit from Argentina's vast experience in advanced farming technologies, while Argentina stands to gain from Vietnam's expertise in clean energy solutions, a growing sector in the global economy .

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Strengthening Regional and Multilateral Cooperation

Another key focus of the consultation was the mutual goal of bolstering ties within regional organizations. Vietnam, a member of ASEAN, and Argentina, part of MERCOSUR, are seeking to bridge their respective regional alliances. During the meeting, it was confirmed that Argentina, in its upcoming presidency of MERCOSUR, would prioritize negotiations for a Free Trade Agreement (FTA) between MERCOSUR and Vietnam. This FTA is expected to not only boost trade between the two nations but also serve as a bridge for expanded economic cooperation between Southeast Asia and Latin America​.

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On a broader stage, Vietnam and Argentina reaffirmed their commitment to cooperating at multilateral forums, particularly within the United Nations (UN). Both nations expressed a desire to support each other’s bids for key UN positions, highlighting their shared belief in multilateralism as a vehicle for promoting peace and stability .

Defense, Security, and Cultural Exchange

Beyond economic and political ties, Vietnam and Argentina are also making strides in strengthening their defense and security relationship. At the consultation, both sides discussed enhancing cooperation in these areas, with a particular focus on defense ties between regional organizations.

Vietnamese Deputy Foreign Minister Ngoc also proposed increasing cultural and educational exchanges, including more Spanish language scholarships for Vietnamese diplomats. These initiatives aim to foster greater people-to-people connections, further solidifying the friendship between the two countries​.

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Conclusion

Vietnam and Argentina's 9th Political Consultation marks another milestone in their growing partnership. With both nations committed to strengthening ties in trade, investment, and regional cooperation, the future looks bright for their bilateral relations. As they continue to collaborate on a variety of fronts—from agriculture to clean energy—Vietnam and Argentina are setting an example for how nations with complementary economies can work together to promote mutual growth and prosperity.

This evolving partnership not only benefits both nations but also strengthens their roles in the global and regional political arenas, particularly through their shared memberships in ASEAN and MERCOSUR​

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