Macron's Diplomatic Boost: France and Vietnam Strengthen Ties with Airbus Deal
France, led by President Emmanuel Macron, signed a significant deal with Vietnam for 20 Airbus aircraft as part of efforts to bolster French-Vietnamese relations. This visit aimed to counter potential U.S. tariffs and strengthen economic ties, focusing on defense, nuclear energy, and satellite cooperation.
In a bid to reinforce France's influence in Vietnam, President Emmanuel Macron's visit to Hanoi culminated in a strategic Airbus deal. The agreement, inked for 20 planes, aims to fortify economic cooperation as Vietnam navigates U.S. trade pressures.
The deals, a testimony to France's commitment include partnerships in nuclear energy and satellite technology, reflecting a renewed diplomatic vigor a decade after the last French presidential visit. Macron reiterated France's support for Vietnam's navigation rights in the South China Sea amidst tensions with China.
Amid discussions of defense collaboration, Vietnamese President Luong Cuong highlighted the deepening cooperation in defense and cyber domains, underscoring the alliance's strategic depth. The agreements also spotlight Vietnam's balancing act between European and U.S. trade expectations.
(With inputs from agencies.)
ALSO READ
FOREX-Dollar on defensive as traders eye Trump tax bill, G7 currency talks
Golden Dome: Trump’s Vision for Space-Based Missile Defense
IMF's Gopinath Warns of U.S. Debt Challenges Amid Trade Uncertainty
Why Food Grows But Doesn’t Reach: Transport and Trade Challenges in African Supply Chains
Nvidia's AI Chip Dilemma: Navigating US-China Trade Tensions
Google News