(MPI) - Prime Minister Pham Minh Chinh and President of Brazil Luiz Inácio Lula da Silva have agreed to elevate Vietnam-Brazil bilateral ties to a strategic partnership, as part of their meeting in Rio de Janeiro on November 17 on the sidelines of the G20 Summit.

Prime Minister Pham Minh Chinh held talks with Brazilian President Luiz Inácio Lula da Silva. Photo: VGP

Prime Minister Pham Minh Chinh and Brazilian President Luiz Inácio Lula da Silva celebrated the 35th anniversary of diplomatic relations between their countries, expressed satisfaction with the progress achieved over the years, especially since the establishment of Comprehensive Partnership in 2007; and reaffirmed their commitment to fostering an even stronger relationship grounded in friendship and mutual respect.

The leaders welcomed the sustainable growth in bilateral economic exchanges and pledged to further promote trade and investment. They recalled their committed targets to raise bilateral trade volume to 10 billion USD in 2025 and 15 billion USD in 2030.

Both leaders celebrated Brazil and Vietnam’s collaboration in multilateral fora and pledged to enhance coordination and mutual support, affirming their shared commitment to peace and sustainable development.

Prime Minister Pham Minh Chinh and Brazilian President Luiz Inácio Lula da Silva celebrated the launching of the Global Alliance against Hunger and Poverty. The Brazilian President welcomed Vietnam as a founding member of the Global Alliance, and both leaders committed to collective efforts to eradicate hunger by the end of the decade, aligning with the 2030 Agenda.

Recognizing the urgency of a just energy transition that addresses the needs of developing countries, the leaders emphasized biofuels’ key importance in decarbonizing the mobility and transport sector. They agreed to maintain dialogues on bioenergy and renewable energy and other initiatives to reduce inequalities within and among nations.

The leaders highlighted the importance of ASEAN-Brazil relations and expressed support for further strengthening the ASEAN-Brazil Sectoral Dialogue Partnership in a substantial, effective and mutually beneficial manner. Brazil supported ASEAN Centrality in the region and reaffirmed its commitment to cooperating with ASEAN in areas such as sustainable development, energy, climate change response, disaster management, science, technology and innovation, agriculture, food security and nutrition, among others.

Prime Minister Pham Minh Chinh reiterated Vietnam’s proposal to start negotiating a Free Trade Agreement with the Southern Common Market (MERCOSUR). President Luiz Inácio Lula da Silva agreed to continue discussion with other MERCOSUR members on this matter.

Building on their shared achievements and recognizing the mutual benefits of a strategic outlook for Brazil-Viet Nam relations, both leaders agreed to elevate the bilateral relations to the level of Strategic Partnership./.

Bao Linh

Ministry of Planing and Investment