Vietnam wishes to boost relations and all-round cooperation with Timor-Leste, deputy Prime Minister cum Foreign Minister Pham Gia Khiem has said.

During talks with the Timor-Leste Foreign Minister Zacarias Albano da Costa in Hanoi on Sept. 15, the Vietnamese deputy PM spoke highly of national construction and development in the Southeast Asian country in recent years.

He also affirmed Vietnam’s support for Timor-Leste’s efforts in national stability, security and social order, as well as in national development.

The Timor-Leste FM praised Vietnam’s achievements in its renewal process as well as its implementation of foreign policies and international integration.

The government of Timor-Leste takes Vietnam as a model in terms of national construction and development and looks forward to increased friendship and multifaceted cooperation with the country, he said.

The two sides expressed their pleasure at the development of economic and trade cooperation between the two countries over the last years.

Two-way trade value increased from 5 million USD in 2003 to 56 million USD in 2008. Notably, the figure climbed to 71 million USD in the first seven months of 2009.

The two sides agreed to soon sign framework agreements on economic, cultural and scientific-technology cooperation, encouragement and protection of investment, and rice trading as well as establishing a joint committee between the two countries.

They also stressed the necessity of expanding cooperation to agriculture, fisheries, oil and gas and construction.

The two sides agreed to maintain bilateral cooperation between the two nations at regional and international forums, including the ASEAN Regional Forum (ARF) and the United Nations./.