President Truong Tan Sang and his visiting Mongolian counterpart Tsakhiagiin Elbegdoji have stressed the need to work harder together to boost bilateral ties in economics and trade and other realms in a practical way to serve the development of each country.

During their November 21 talks in Hanoi following a State welcome ceremony accorded to the Mongolian guest, the leaders agreed to forge defence and security cooperation by sharing experience and coordinating in personnel training and crime prevention and fight.

The Vietnamese side proposed that Mongolia creates a more favourable environment for Vietnamese investors to explore the market and accelerate trade and investment partnerships.

Meanwhile, Mongolia welcomes Vietnamese businesses to invest in oil and gas exploitation and mining in the country.

The two sides agreed to further mutual trust and understanding by maintaining exchanges of all levels and sectors and assisting friendship organisations increase their joint activities.

People-to-people exchanges, culture, education and art cooperation will also be paid more attention, they said, adding that more support will be given to the Vietnamese community in Mongolia and vice versa.

Vietnam and Mongolia will also work closely to hold activities to celebrate the 60 th anniversary of their diplomatic ties in 2014.

President Sang congratulated Mongolian people on their national development achievements, and thanked them for their precious support to Vietnam in the country’s past struggle for reunification.

Presidents Sang and Tsakhiagiin Elbegdoji expressed their pleasure at their coordination at regional and international forums including the United Nations, Non-Aligned Movement, the ASEAN Regional Forum, the World Trade Organisation and the Asia-Europe Meeting.

They also emphasised the need to maintain peace, stability, maritime freedom, safety and security in the East Sea, affirming their support for the settlement of disputes through peaceful methods without the threat or use of force in accordance with international law, especially the 1982 United Nations Convention on the Law of the Sea, and the full implementation of the Declaration on the Conduct of Parties in the East Sea (DOC) and the early formation of a Code of Conduct in the East Sea (COC).

Following their talks, the leaders witnessed the signing of four cooperation agreements and met the press to announce the outcomes of their talks.-VNA