Illustrative image (Source: Crossed Flag Pins)The Ecuadorian Foreign Ministry said on December 2 that the two sides also considered the opening of embassies in Quito and Hanoi.
The two countries consented to promote trade and investment through an agreement signed between the Vietnam Trade Promotion Agency (Vietrade) and the Institute for the Promotion of Exports and Investments of Ecuador, as well as with the participation of the private sector of both countries.
At the same time, they will step up bilateral technical cooperation in such areas as energy and technology parks in Yachay city in northern Ecuador.
During the meeting, Vietnam appreciated Ecuador's proposal to engage in the cooperation partner mechanism of the Association of Southeast Asian Nations (ASEAN), as well as Ecuador’s holding the chair of the group of developing and emerging nations (G77) from January 2017, the ministry said.
It added that Vietnam’s military-run telecom group Viettel has shown its interest in the telecommunication sector in Ecuador.
Vietnam and Ecuador established diplomatic ties in 1979. Vietnam is currently one of Ecuador’s most important trade partners.
The Vietnamese Foreign Ministry delegation to the event was led by Deputy Minister Dang Dinh Quy. Earlier, the delegation paid an official visit to Paraguay and held the second political consultation with the country.
After Ecuador, the Deputy Minister is scheduled to visit Argentina.-VNA
VNA
