PM suggests Việt Nam, Portugal raise trade to US$500 million

November 10, 2016 - 20:00

Prime Minister Nguyễn Xuân Phúc called on Việt Nam and Portugal to employ more solutions to raising their bilateral trade from nearly US$400 million in 2015 to $500 million by 2020.

Prime Minister Nguyễn Xuân Phúc receives Portuguese Ambassador Francisco de Assis Morais e Cunha Vaz Patto in Hà Nội today. — VNA/VNS Photo Thống Nhất
Viet Nam News

HÀ NỘI – Prime Minister Nguyễn Xuân Phúc called on Việt Nam and Portugal to employ more solutions to raising their bilateral trade from nearly US$400 million in 2015 to $500 million by 2020.

At a meeting with Portuguese Ambassador Francisco de Assis Morais e Cunha Vaz Patto in Hà Nội today, the PM suggested Portugal soon sign the EU-Vietnam Free Trade Agreement (EVFTA) and the Vietnam-Portugal agreement on double taxation avoidance.

He and the ambassador shared the view that Việt Nam and Portugal should enhance their collaboration in tourism, sports, and culture, thus promoting their economic and trade ties, as well as people-to-people exchange.

PM Phúc congratulated Portugal on former PM Antonio Guterres’s election as UN Secretary General for the five-year tenure, starting from January 1, 2017.

The ambassador stated that Portugal backs the EVFTA and will make every effort to swiftly reach the pact.

Portugal also supports and will soon seal the agreement on double taxation avoidance between the two countries, he added.

To boost its cultural exchanges with Việt Nam, Portugal hopes to organise an exhibition on Portuguese arts and other activities in the country in the coming time, the diplomat said. — VNS

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