Washington State and Vietnam sign Agricultural MoU

Washington State and Vietnam sign Agricultural MoU  Fresh Fruit Portal

Washington State and Vietnam sign Agricultural MoU

Washington State and Vietnam sign Agricultural MoU

Vietnam and Washington State Sign Memorandum of Understanding to Strengthen Agricultural Development and Promote Agricultural Trade

Vietnam and Washington State have signed a Memorandum of Understanding (MoU) to work together to strengthen agricultural development and promote agricultural trade.

Trade Mission and Objectives

The Washington State Department of Agriculture (WSDA) Director Derek Sandison, along with other delegates from the United States, marked the beginning of a trade mission by signing the trade agreement alongside Vietnam’s Vice Minister of Agriculture and Rural Development, Dr. Hoang Trung.

The delegation’s main focus is on expanding business connections, promoting Washington food agricultural products, and learning more about opportunities in the Vietnamese market. The delegates represent products including wheat and wheat flour, apples, wine, cherries, and hay.

Previous Trade Mission and Growth in Vietnam

The last trade mission to Vietnam by Washington State took place in 2010. Since then, Vietnam’s GDP has increased by more than $300 billion dollars, and its population has grown to exceed 100 million people.

Collaboration and Cooperation

In a press release, Director Sandison stated that Vietnam is eager to collaborate with U.S. state departments of agriculture. The MoU is aimed at strengthening cooperation around agricultural research and trade promotion between the two nations.

Significance of Vietnam as a Market

In 2023, Vietnam was Washington State’s tenth-largest processed food and agricultural market, accounting for approximately $157 million in agricultural exports. The top five agricultural exports to the country were apples, dairy, wheat, and sweet cherries. Washington State’s apple exports alone totaled $57 million in 2022.

Trade Benefits and Tariff Reductions

Vietnam has also eliminated a 3% tariff on U.S. wheat and lifted the ban on Canadian thistle, reducing the risk of trade disruptions for food and beverage manufacturers. The MoU will be viable for five years.

SDGs, Targets, and Indicators

1. Which SDGs are addressed or connected to the issues highlighted in the article?

  • SDG 2: Zero Hunger
  • SDG 8: Decent Work and Economic Growth
  • SDG 17: Partnerships for the Goals

2. What specific targets under those SDGs can be identified based on the article’s content?

  • SDG 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, particularly women, indigenous peoples, family farmers, and fishers.
  • SDG 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation.
  • SDG 17.9: Enhance international support for implementing effective and targeted capacity-building in developing countries to support national plans to implement all the SDGs.

3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?

  • Increased agricultural productivity and incomes of small-scale food producers in Vietnam.
  • Expansion of business connections and promotion of Washington food agricultural products in the Vietnamese market.
  • Increased trade and agricultural exports between Washington State and Vietnam.

Table: SDGs, Targets, and Indicators

SDGs Targets Indicators
SDG 2: Zero Hunger SDG 2.3: By 2030, double the agricultural productivity and incomes of small-scale food producers, particularly women, indigenous peoples, family farmers, and fishers. Increased agricultural productivity and incomes of small-scale food producers in Vietnam.
SDG 8: Decent Work and Economic Growth SDG 8.3: Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity, and innovation. Expansion of business connections and promotion of Washington food agricultural products in the Vietnamese market.
SDG 17: Partnerships for the Goals SDG 17.9: Enhance international support for implementing effective and targeted capacity-building in developing countries to support national plans to implement all the SDGs. Increased trade and agricultural exports between Washington State and Vietnam.

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Fuente: freshfruitportal.com

 

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