Chairman of the Board of the Eurasian Economic Commission (EAEU) Bakytzhan Sagintayev has pledged to strengthen cooperation between Vietnam and the EAEU, including promoting the establishment of direct air links between Vietnam and all EAEU member states.
The commitment was made during a meeting with Prime Minister Pham Minh Chinh in Hanoi on March 2.
The EAEU comprises five member states: Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan. Sagintayev, a Kazakh national, currently serves as Chairman of the Board under the bloc’s rotating leadership mechanism.
Prime Minister Chinh underscored the need to further advance relations through concrete agreements and cooperation projects, and to make full use of the free trade agreement (FTA) by expanding market access and encouraging greater trade and investment flows.
He called for the effective implementation of bilateral cooperation mechanisms to promptly address technical barriers, and urged EAEU member states to consider lifting safeguard measures and increasing quotas on certain Vietnamese exports, particularly agricultural products, seafood and electronics.
After a decade of implementing the FTA between Vietnam and the EAEU, bilateral trade has recorded strong growth. Import-export turnover rose by nearly 30% annually during the 2017–2018 period, peaking at over $6.3 billion in 2021 and reaching nearly $6 billion in 2025, up 5% year on year.
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