Vietnam and Belarus will strive to elevate bilateral trade to US$500 million in the time to come, President Tran Dai Quang and his Belarusian counterpart Alexander Lukashenko said at a June 27 press conference following their talks in Minsk.

At their talks, the two
State leaders discussed a score of measures to boost bilateral trade and
improve their trade balance while expanding investment cooperation.
They
emphasized the importance of the free trade agreement between Vietnam and the
Eurasian Economic Union (EEU).
The two
sides consented to continue the Vietnam-Belarus cooperation programme on
economics, science, education and culture for 2016-2018.
They
underlined the need to improve the working efficiency of the Inter-Governmental
Committee, facilitate export-import activities, expand industrial partnership
with a major focus on putting the two countries’ automobile assembling and
manufacturing joint-venture into operation in Vietnam.
The two
leaders agreed to maintain the regular exchange of all-level delegations,
particularly those at high level to enhance all-around ties, especially in
economics, trade and investment.
They
pledged to work hand in hand at international forums such as the United Nations
and the Non-Aligned Movement as a contribution to ensuring the interests of
each country as well as to the building of a peaceful, stable and prosperous
world.
Host and
guest expressed their delight at fruitful collaboration in national
defence-security, and agreed to continue expanding joint work in other fields
such as science-technology, education-training, culture, sports, tourism and
labour.
The
Vietnamese President said the two countries greatly valued the trustworthy
political ties founded and nurtured over the past 25 years since the
establishment of diplomatic ties in 1992.
President Quang said he hopes that Belarus will continue supporting Vietnamese
nationals living in the country.
President Lukashenko, in turn said his nation regards Vietnam as a long-term
cooperative partner, and the two sides have reached consensus on boosting
bilateral cooperation through the exchange of delegations and linkages between localities.
He highlighted the growth in bilateral economic-trade ties, noting that the FTA
between Vietnam and the EEU will provide a foundation for the two countries to
achieve the goal of US$500 million in two-way trade in the time ahead.
He said both sides will work harder to increase Vietnam’s exports to Belarus
apart from farm produce, machinery and automobiles, as well as Belarus’s
farming tractor supply to Vietnam, adding that they will also consider joint
projects in each other’s territory.
He also
assured his backing of Vietnam’s position on settling territorial disputes,
including those in the East Sea by peaceful measures without using force or
threat to use force, with the participation of all sides concerned. He said he
welcomes efforts to soon achieve a Code of Conduct in the East Sea (COC).
He expressed his belief that the official visit to Belarus by President Quang
will definitely create a new impulse to the Vietnam-Belarus cooperation to grow
robustly across sectors, thus providing a solid foundation for the bilateral
ties to reach a new height, meeting their people’s aspiration and interest, for
peace, stability, cooperation and development in the region and the world as a
whole.
After
the talks, President Tran Dai Quang and President Lukashenko signed a joint
declaration on the comprehensive and extensive development of the partnership
between Vietnam and Belarus.
They
witnessed the signing of nine cooperative documents, including a Protocol on
amending the Protocol between the Governments of Vietnam and Belarus on
supporting the production of motored transport vehicles in the territory of
Vietnam, and those covering science and technology, military technology, sport
and physical training, geology, and locality cooperation.
On the
occasion, President Quang invited President A. Lukashenko to visit Vietnam and
his invitation was graciously accepted.
The date
of visit will be arranged through diplomatic channels.
President Tran Dai
Quang is in Belarus for an official visit from June 26-28 at the
invitation his Belarusian counterpart Alexander Lukashenko.
Source:VOV
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