Vietnam, Uzbekistan discuss promotion of trade ties

Officials met in Ho Chi Minh City on July 28 to discuss measures for long-term relations between business circles of Vietnam and Uzbekistan after viewing the current level of trade as “modest”.
Officials met in Ho Chi Minh City on July 28 to discuss measures forlong-term relations between business circles of Vietnam andUzbekistan after viewing the current level of trade as “modest”.

Deputy Minister of Industry and Trade Nguyen Cam Tu and Uzbek FirstDeputy Minister of External Economic Affairs, Investment and Trade N.Nazhimov, were leading delegations from Vietnam and Uzbekistan,respectively, at the meeting.

Host and guestshared a view that the two countries should speed up trade promotion andhelp business circles to conduct feasibility studies in each other’smarkets and develop economic cooperative ties.

These steps are necessary to boost trade revenues from the current levelof just 7.9 million USD in 2009, they said, acknowledging that traderelations stayed below the potential and expectation of the twocountries.

The Vietnamese head delegate said a Vietnamese business mission would pay a field trip to Uzbekistan in October.

The meeting was part of a working session for the Vietnam-UzbekistanIntergovernmental Committee on Economic, Trade, Scientific andTechnological Cooperation./.

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