Joint Press Statement on the Occasion of the entry into force of the Agreement between Japan and the Socialist Republic of Viet Nam for an Economic Partnership

October 1, 2009

1. The Minister for Foreign Affairs of Japan and the Minister for Industry and Trade of the Socialist Republic of Viet Nam met on October 1, 2009 in Tokyo to hold the first meeting of the Joint Committee established under the Agreement between Japan and the Socialist Republic of Viet Nam for an Economic Partnership (hereinafter referred to as "the Agreement"). The Agreement was signed on December 25, 2008 in Tokyo and entered into force today.
2. At its first meeting, the Joint Committee adopted the decisions necessary for the implementation of the Agreement, including the Implementing Regulations referred to in Part 2 of Annex1 and Rule 11 of Annex 3 of the Agreement [PDF].
3. The Ministers reaffirmed their resolve to ensure the effective implementation of the Agreement. They shared the view that this Agreement promotes liberalization of trade in goods and services and facilitation of investment between Japan and the Socialist Republic of Viet Nam, and enhances economic partnership of the two countries, as well as strengthens cooperation in various areas including the movement of natural persons and intellectual property. They reaffirmed the importance of the cooperation projects and programs listed in the Joint Statement signed on December 25, 2008 on the occasion of signing of the Agreement. They believe that such bilateral cooperation will also contribute to the strengthening of business partnership between Japanese and Vietnamese enterprises. They also stressed that the entry into force of the Agreement will further vitalize the economies of the two countries and further strengthen the strategic partnership between Japan and Viet Nam.

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