Hanoi, Oct. 26 -- A Joint Statement on a US-Vietnam Framework for an Agreement on Reciprocal, Fair, and Balanced Trade was announced on October 26, on the occasion of President Donald Trump's and Prime Minister Pham Minh Chinh's attendance at the 47th ASEAN Summit held in Kuala Lumpur, Malaysia from October 26-28.

The Ministry of Industry and Trade reported that the Joint Statement reflects the outcomes of reciprocal trade negotiations between the two countries to date, recognising the efforts by both governments and business communities to foster a balanced, stable and sustainable economic and trade relationship, in line with the bilateral Comprehensive Strategic Partnership.

The joint statement outlines key components of the agreement...