Sunday, May 28, 2017 - 21:37:57

Vietnam welcomes Hungary’s policy to boost bilateral trade

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National Assembly Chairwoman Nguyen Thi Kim Ngan (L) meets with Hungary’s Prime Minister Viktor Orban (Photo: VNA)
Budapest (VNA) – National Assembly Chairwoman Nguyen Thi Kim Ngan welcomes Hungary’s policy to boost the bilateral economic cooperation, including the signing of a framework agreement on a 440 million EUR credit.

At her meeting with Hungary’s Prime Minister Viktor Orban in Budapest on April 10, Vietnam’s top legislator asked Hungary to quickly implement the agreement and affirmed Vietnam will send a list of feasible projects to the European country to ensure the effective use of this credit.

Ngan said she was glad to know that the Hungarian PM has plans to pay an official visit to Vietnam in 2017.

She congratulated Hungary on its socio-economic achievements and European integration over the past time, and thanked the country for advocating the early signing and ratification of the Vietnam – EU Free Trade Agreement (EVFTA).

The NA Chairwoman expressed her hope that the two countries will maintain their consultative mechanism and mutual assistance at multilateral forums and international organisations.

Mentioning the talks between leaders of the two countries’ legislative bodies, Ngan said the two sides agreed to enhance collaboration via delegation exchanges and experience sharing while closely coordinating at regional and international parliamentary forums.

They also concurred to strengthen coordination in monitoring the implementation of agreements inked by the two nations’ governments, along with strategic cooperation projects.

Both parliaments will support exchanges and win-win partnerships between Vietnamese and Hungarian governments, localities, businesses and peoples, Ngan noted.

PM Viktor Orban said Hungary attaches great importance to the development of multi-faceted collaboration with Vietnam.

The traditional friendship and cooperation have been demonstrated via high-level meetings, thus creating mutual political trust, he added.

Hungary considers Vietnam a strategic partner in Southeast Asia, he said, adding that despite economic difficulties, the country still provides a credit package worth 440 million EUR for Vietnam.-VNA
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