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VietNamNews

Nation to negotiate Ukraine trade deal

Update: December, 05/2012 - 10:10

HA NOI (VNS) — Viet Nam and Ukraine will start negotiations for a free trade agreement (FTA) in January 2013 in a move to boost bilateral trade value.

The two countries' leaders made this decision during Deputy Prime Minister Hoang Trung Hai's recent visit to the European nation from December 1 to 4, where he met with Deputy Prime Minister Sergiy Tigipko and Prime Minister Mykola Azarov.

In the talks, both the Vietnamese and Ukrainian sides emphasized the need to complete the legal prerequisites for bilateral economic and trade co-operation by finalising negotiations on investment protection and plant and animal quarantine.

They agreed to strengthen co-operation in the areas of their respective strengths, such as energy, machinery manufacturing, aviation and technology transfer, and to make co-operation between specific pairs of localities (Binh Thuan and Kiev, Khanh Hoa and Kharkov, and Kien Giang and Kherson) more efficient.

Ukrainian leaders said their country was more than ready to get involved in energy projects in Viet Nam.

They valued the Vietnamese community's contributions and pledged to create favourable conditions for Vietnamese people to live in the country.

At a meeting with representatives of the Vietnamese community there, Hai said he hoped they would continue abiding by local laws, preserving traditional Vietnamese culture, and contributing to the friendship between the two nations.

The Party, State and Government of Viet Nam paid special attention to protecting Vietnamese people overseas in general and those in Ukraine in particular, and they would do their utmost to help Vietnamese nationals live, study and work in Ukraine, Hai said. — VNS

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