Updated  
September, 13 2013 09:15:00

Belarus PM seeking wider economic ties

Vietnamese Minister of Industry and Trade Vu Huy Hoang.— Photo moit
MINSK (VNS)— Belarusian Prime Minister Mikhail Myasnikovich told Vietnamese Minister of Industry and Trade Vu Huy Hoang that he was optimistic about the prospect of expanding bilateral trade and investment cooperation with Viet Nam.

"Viet Nam would be a door for Belarus to access the Association of Southeast Asian Nations (ASEAN) market, while the Eastern European country would serve as a gateway to link Viet Nam with members of the Customs Union," the PM said.

The Belarusian Prime Minister gave a reception to Hoang in Minsk on Wednesday as he was informed about events taking place this week in Belarus to boost the two countries' relations.

They included the tenth session of the Viet Nam-Belarus Intergovernmental Committee for Economic, Trade, Scientific and Technological Cooperation and the Viet Nam-Belarus business forum; as well as the third round of negotiations for a free trade agreement (FTA) between Viet Nam and the Customs Union of Russia, Kazakhstan and Belarus.

Hoang said these events had helped improve conditions and create a legal framework for businesses to increase bilateral cooperation in trade and investment.

Minister Hoang extended an invitation from Prime Minister Nguyen Tan Dung for the Belarusian PM to visit Viet Nam. This follows Prime Minister Nguyen Tan Dung's trip to Belarus in May this year, where the two PMs pledged to lift bilateral trade to US$500 million by 2015.

Current areas of cooperation between the two countries include agriculture, food processing, manufacturing, construction and electronics. — VNS


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