Geneva: The Permanent Mission of Vietnam in Geneva teamed up with Hanoi-based Foreign Trade University (FTU) on May 26 to host a hybrid seminar on cross-border subsidies and their implications for Vietnam, offering lecturers and students hands-on exposure to key issues in international trade policy. The event connected Vietnamese academic establishments with Geneva-based trade, investment, and legal specialists. On the occasion, the mission and FTU signed a memorandum of understanding to support the university's participation in the WTO Chairs Programme. The mission said it would continue to support FTU and other Vietnamese establishments through professional exchanges and international networking.
According to Vietnam News Agency, the seminar aimed to provide valuable insights into the growing complexities of international trade, specifically focusing on the role of cross-border subsidies. These subsidies have become increasingly significant as trade barriers continue to rise globally, affecting the dynamics of international commerce and economic relations. The collaboration between the Permanent Mission and FTU is seen as a strategic move to enhance Vietnam's capacity to navigate these challenges effectively.
The memorandum of understanding signed during the seminar is expected to bolster FTU's involvement in the WTO Chairs Programme, which is designed to foster academic and policy-oriented research and discussions on trade-related issues. This partnership underscores the commitment of both entities to advance Vietnam's expertise and influence in global trade discussions, providing a platform for Vietnamese scholars to engage with international experts.
The Permanent Mission expressed its intent to maintain ongoing support for FTU and other Vietnamese institutions, highlighting the importance of professional exchanges and international networking in building a robust understanding of trade policies. This initiative is anticipated to enrich the academic environment in Vietnam, equipping students and educators with the necessary tools and knowledge to address the evolving landscape of international trade.