PM Nguyen Xuan Phuc wants bigger trade value with Belarus hinh anh 1Prime Minister Nguyen Xuan Phuc (R) and Belarusian Deputy Prime Minister Vladimir Semashko (Source: VNA)
Hanoi (VNA)Prime Minister Nguyen Xuan Phuc wants Vietnam and Belarus to roll out measures to raise their trade value to over the current 100 million USD level as there is huge cooperation potential that remains untapped.

He made the remarks in Hanoi on March 29 at a reception for visiting Belarusian Deputy Prime Minister Vladimir Semashko.

The PM described the visit by the Belarusian guest as marking a milestone, ushering in new prospects for cooperation between Vietnam and its important partner Belarus, stressing that “Vietnam always respects and wishes to continue maintaining and fostering the sustainable friendship and cooperation with Belarus.”

High-level visits in recent years created an impetus for the two countries to broaden their cooperation across politics, economy, and people-to-people exchange. The free trade agreement between Vietnam and the Eurasian Economic Union that took effect in late 2016 in particular opened up many new opportunities and prospects for the two sides’ economic-trade partnership, he said.

The Belarusian Deputy PM briefed his host of the fruitful outcomes of his working session with the Ministry of Industry and Trade of Vietnam, referring to their review on bilateral cooperation after one year and a half of implementing the Vietnam-EEU free trade agreement and their work together to unlock difficulties and hindrances.

He suggested boosting bilateral cooperation in Belarus’s strong fields like the production of dairy, mechanical engineering and industrial products. 
PM Phuc hailed the working session his guest participated in, expressing his hope that the two sides would increase the provision of information and organize regular exchanges between businesses for marketing their products and cooperative fields in service of the effort to raise the trade value.

“Vietnam is ready to provide best possible conditions for Belarusian businesses to cooperate, invest, and do productive, stable, and long-term business that is associated with Vietnam’s sustainable development,” the leader said.

He pledged that the country will work to facilitate the entry of Belarus’s industrial, mechanical engineering, energy, and mining products in its market.

Referring to the East Sea, the PM asked Belarus to support the just stance of Vietnam and ASEAN on addressing the disputes in the waters by peaceful means basing on international law, especially the UN Convention on the Law of the Sea 1982 (UNCLOS 1982).

On March 28, Belarusian Deputy Prime Minister Vladimir Semashko was received by President Tran Dai Quang.-VNA