Vietnam and Spain on Wednesday (April 9) pledged to boost economic ties and defence cooperation amid growing pressure from newly imposed US tariffs.
The two nations reaffirmed their commitment to free trade and multilateral cooperation during a visit by Spainish Prime Minister Pedro Sanchez in Hanoi.
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The two nations reaffirmed their commitment to free trade and multilateral cooperation during a visit by Spainish Prime Minister Pedro Sanchez in Hanoi.
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NewsTranscript
00:00Vietnam and Spain on Wednesday pledged to boost economic ties and defense cooperation amid growing pressure from newly imposed U.S. tariffs.
00:11The two nations reaffirmed their commitment to free trade and multilateral cooperation during a visit by Spanish Prime Minister Pedro Sanchez in Hanoi.
00:20Spain and Asian manufacturing powerhouse Vietnam are seeking to avert the imposition of tariffs of 46% on Vietnamese goods and 25% on European Union products entering the U.S. effective Wednesday.
00:35Prime Minister Pham Minh Chin said that Vietnam wants to upgrade ties with Spain to the level of a comprehensive strategic partnership at the earliest opportunity.
00:50Spain and Spain have believed in economic openness and was against trade conflicts.
00:57In the meantime, Sanchez said Spain believed in economic openness and was against trade conflicts.
01:05Spain and there are two countries that are all in the same way as the first day.
01:14Meanwhile, Sanchez said Spain believed in economic openness and was against trade conflicts.
01:21Spain is a political system that acts as an international government,
01:26the free trade and the economic opening, and he thinks that commercial wars do not benefit
01:33anyone, but that they are hurting everyone."
01:37Spain is keen to expand its presence in Vietnam, including in railway infrastructure, where
01:42Spain could share expertise from building its own high-speed rail network, Sánchez
01:47said.
01:56For more information, visit www.fema.org