Politics

PM calls for more Cuban investment in Vietnam

Prime Minister Nguyen Tan Dung requested Cuba to step up cooperation and investment in Vietnam while receiving Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz in Hanoi on Oct. 7.

Prime Minister Nguyen Tan Dung requested Cuba to step up cooperation andinvestment in Vietnam while receiving Cuban Minister of Foreign Tradeand Investment Rodrigo Malmierca Diaz in Hanoi on Oct. 7.

Heasked Cuba to continue to create favourable conditions for Vietnamesefirms to cooperate and invest in Cuba and encouraged the two sidesto speed up trade activities, reaching a higher two-way trade incomparison with the modest figure of 250 million USD in 2010.

ThePM highly valued outcomes of the 29th session of the Vietnam-CubaIntergovernmental Committee in Hanoi the same day, as well asresults reached at working sessions between the Cuban minister andleaders of relevant Vietnamese ministries and agencies.

The twosides should accelerate economic, trade and investment cooperation,helping bilateral cooperation in these fields match political anddiplomatic relations between the two countries, PM Dung said.

Inreturn, Minister Rodrigo Malmierca Diaz, who is also co-chairman of theVietnam-Cuba Intergovernmental Committee, expressed his pleasure withthe steps of all-round development in the Vietnam-Cuba specialfriendship and cooperation.

He thanked Vietnam for its supportand assistance to Cuba during its struggle for national liberationin the past as well as with its current socio-economic development.

TheCuban delegation also held working sessions with the VietnameseMinistries of Agriculture and Rural Development, Foreign Affairs andFinance and Health, according to the Cuban minister.

He affirmed that Cuba always welcomes and creates favourable conditions for Vietnamese companies to invest in Cuba .

Cuba is ready to share experience and promote cooperation in fieldsof its strength such as the pharmaceutical industry and biotechnology,he said./.

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