VN, Ukraine leaders agree to boost trade, investment ties

Vietnamese Prime Minister Nguyen Tan Dung and his Ukrainian counterpart, Mykola Azarov, discussed measures to boost the two countries’ future cooperation, especially in economics, trade and investment, during their talks in Kiev on October 5.
Vietnamese Prime Minister Nguyen Tan Dung and his Ukrainian counterpart, Mykola Azarov, discussed measures to boost the two countries’ future cooperation, especially in economics, trade and investment, during their talks in Kiev on October 5.

The government leaders informed each other about the political and socio-economic situation and foreign policy of their respective countries and exchanged views on bilateral ties as well as regional and international issues of common concern.

PM Mykola Azarov affirmed that developing the friendship and cooperation with Vietnam on a mutually beneficial basis is one of the priorities in the Ukraine ’s foreign policy.

PM Dung stressed that while implementing its foreign policy of independence, self-reliance, diversification and multilateralisation of international relations, and proactive international and regional integration, Vietnam always attaches importance to consolidating and developing relations with traditional friends, including the Ukraine .

The two sides agreed on the great prospects for the Vietnam-Ukraine cooperation and comprehensive partnership, which was set up during the Ukrainian President’s visit to Vietnam in March 2011.

The PMs agreed to continue completing a legal foundation for bilateral ties and enhance the operations of the Vietnam-Ukraine Intergovernmental Committee for Economic, Trade, Scientific and Technical Cooperation.

They also discussed measures to support import-export activities and remove bilateral trade barriers in an effort to double two-way trade between Vietnam and the Ukraine in 2012 from 260 million USD in 2010.

The leaders affirmed a commitment to focus on the maximum and effective exploitation of investment cooperation potential between the two countries, especially in energy, mechanical engineering, machinery manufacturing, chemicals and shipbuilding.

The two sides will endeavour to implement signed agreements in banking, agriculture and telecommunications in order to expand cooperation in these potential areas, as well as study possibilities for cooperation in other fields, including high technology, aviation and space science.

PM Mykola Azarov agreed with PM Dung’s proposal to increase the number of scholarships for Vietnamese students to study at Ukrainian universities.

PM Dung hailed the Aerosvit airlines for its plan to open a direct route from Kiev to Ho Chi Minh City in December this year, which would contribute to boosting exchanges between the two countries’ people and developing tourism.

The government leaders stressed the importance of continuing to boost cooperation in military techniques, education and training, science and technology and culture.

The two sides expressed pleasure at the close coordination between the two countries at international forums and agreed to continue to develop that fine tradition.

The PMs expressed their belief that the comprehensive cooperation and partnership between Vietnam and the Ukraine would continue to see new and active development in every field, providing benefits to both sides and to celebrate the 20 th anniversary of diplomatic ties between the two countries in 2012.

PM Dung invited PM Mykola Azarov to visit Vietnam at a suitable time. PM Mykola Azarov accepted the invitation and the visit will be arranged through diplomatic channels.

After the talks, PM Dung and PM Mykola Azarov witnessed the signing of the minutes of the 12 th meeting of the Ukraine-Vietnam Intergovernmental Committee for Economic, Trade, Scientific and Technological Cooperation, and a memorandum of understanding between Hanoi National University and Kiev National University .

The PMs also met with the media, affirming the wish and determination of the two countries to realise their full potential to serve cooperation and development.

On the evening of Oct. 5, PM Mykola Azarov hosted a banquet for PM Dung and his entourage./.

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