President Tran Dai Quang (R) and Egyptian Prime Minister Mostafa Madbouly (Photo: VNA) Cairo (VNA) – Accelerating trade promotion is crucial for Vietnamand Egypt to make the bilateral economic and trade ties develop in a more effectiveand practical manner, President Tran Dai Quang has said.
In a meeting with Egyptian Prime Minister Mostafa Madbouly on August 27 as partof his visit to the African country, President Quang recommended both sidesfocus more on market study across the fields of energy, telecommunications,garment and leather shoes, food processing, and metallurgy, among others.
He proposed Egypt complete domestic procedures so that the agreement on doubletaxation avoidance will soon take effect, facilitating Vietnam to bring itsfarm produce such as peppercorn, coffee and tea, and aquatic products like traand basa fish into Egyptian supermarkets.
President Quang said he believed that together with concerted efforts anddirection of the two Governments, the eight agreements inked during his visitwill elevate the cooperative ties in 2018 and the following years.
Also, he lauded the Egyptian Government’s role in maintaining social order anddeveloping the economy in the past time, which helps Egypt become a leadingeconomy in the continent with its GDP reaching 1.2 trillion USD and economicgrowth at more than 5 percent per year.
He expressed his hope that the visit will contribute to helping both nationsrealise their set goals of 1 billion USD in bilateral trade value by 2020.
The Egyptian Prime Minister, for his part, affirmed he will direct relevantministries and sectors to effectively implement the signed agreements as wellas make meticulous preparations for the 6th meeting of theVietnam-Egypt Inter-governmental Committee to be held in Egypt in 2019.
He pledged to create favourable conditions for Vietnamese enterprises in makinginvestment in the host nation.
At the meeting, both sides agreed to carry out the Halal standard programme forVietnamese exports to Muslim market in general and Egypt in particular. Theylauded the cooperative agreement between Ninh Binh province and Egypt’s Luxorcity, saying that it will create premise for other localities to bolstercollaborative mechanisms and set up twining relations.
On the occasion, President Quang conveyed to Mostafa Madbouly Prime MinisterNguyen Xuan Phuc’s invitation to visit Vietnam at an early date, and the Egyptianleader accepted the invitation with pleasure.
On August 27, President Quang’s spouse, Nguyen Thi Hien, visited Egypt’s Children’sCancer Hospital.-VNA
VNA
