The Minister of Industry and Trade and the Head of the European Union Delegation to Vietnam signed a Letter of Intent for continuous cooperation, sustainable development of the energy sector in Vietnam – Photo: Ha An
At the Meeting, Minister of Industry and Trade Tran Tuan Anh spoke: “Consultation meetings between development partners and governmental organizations of the Government of Vietnam during the past time have justified the rationale of Vietnam Energy Partnership Group establishment. This would create a more extensive and intensive cooperation scheme; promote attraction of resources; boost effectiveness of high level policy consultations; assist Vietnam in realizing energy security goals, socio – economic development, as well as the country’s efforts and international commitments on sustainable growth".
Accordingly, the parties will try to utilize Official Development Assistance funds in line with policy system of each country. This will facilitate investors in developing sustainable energy and raise accessibility to modern energy services and improve energy efficiency as well as energy infrastructure.
At the Meeting, Ambassador Bruno Angelet and Minister Tran Tuan Anh signed a Letter of Intent for continuous cooperation towards a sustainable and effective energy sector in Vietnam.
The occasion also saw the signing of a joint statement on strengthening partnerships in developing renewable energy among Vietnam, Germany, Belgium, Finland, Ireland, Italy, Luxembourg, Slovakia, Spain and the UK.
This Joint Statement reiterated strong support of the EU for Vietnam to attain the objectives: “Everybody can have access to affordable, reliable, sustainable and modern energy” and “Urgent measures to fight against climate change and its impacts are in place”, which have been passed in the Summit on Sustainable Development of the United Nations (in September 2015), as well as in the Intended Nationally Determined Contributions of Vietnam under the United Nations Framework Convention on Climate Change (UNFCCC), and Paris Agreement on climate change valid as of November 4, 2016.