Vietnam, Kazakhstan promote trade relations

Vietnam wants to promote cooperative ties with Kazakhstan in the fields of economy-trade, oil and gas, education and training, and tourism and culture, said Deputy Minister of Industry and Trade Hoang Quoc Vuong.
Vietnam, Kazakhstan promote trade relations ảnh 1Vietnam wants to promote cooperative ties with Kazakhstan in various fields. (Photo: crossed-flag-pins.com)

Hanoi (VNA) – Vietnam wants to promote cooperative ties withKazakhstan in the fields of economy-trade, oil and gas, education and training,and tourism and culture, said Deputy Minister of Industry and Trade Hoang QuocVuong.

He made the statement while co-chairing the 8th meeting of theVietnam-Kazakhstan Inter-Governmental Committee on Economic Issues andTechnical Cooperation with Kazakhstan Deputy Minister of Foreign Affair AkylbekKamaldinov in Hanoi on December 5.

Assessing bilateral economic-trade ties during 2015-2017, the two sides agreedthat the two countries have enjoyed robust trade growth in the past time,however, it still lags behind the potential and traditional relations betweenthe two countries.

Vietnam’s statistics showed that two-way trade in the first nine months of theyear surged 42.7 percent year on year to 184.9 million USD. Vietnam exported145.3 million USD worth of products to Kazakhstan in the period while spending 39.6million USD purchasing goods from the central Asian country, up 45.86 percentand 32.3 percent from the same time last year, respectively.

Vietnamese key exports include telephones, computers, electronic products andspare parts, farm produce and steel products. It imports from Kazakhstanchemicals, ores and wheat.

The two sides mapped out new directions for cooperation in agriculture, cultureand transport. They reached consensus on the establishment of a sub-committeeon agriculture to bolster the exchange of agricultural products between the twonations.

Regarding culture and tourism, Vietnam lauded the organisation of the Vietnam Dayin the framework of the EXPO 2017 Astana in Kazakhstan and other culturalevents held on the 25th anniversary of bilateral diplomaticrelations.

Meanwhile, Kazakhstan welcomed cooperation between Vietnam Railway Corporationand National Company Kazakhstan Temir Zhoy in logistics, especially railwaytransport with the initiative to set up a railway connecting the two countries.-VNA 
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