Vietnam and Iran signed agreements on mutual investment in fisheries and general trade at the sixth meeting of the Joint Commission on Economic and Commercial Cooperation.
Signatories to the documents were the Minister of Agriculture and Rural Development Cao Duc Phat and Iranian Minister of Commerce Mehdi Ghazanfari.
Under the minutes of the meeting in Hanoi on December 23, both sides agreed to provide good access, information and conditions for businessmen and investors from both countries to promote cooperation in various sectors ranging from petroleum, transport, science and education to health care.
Both sides also agreed to early complete procedures for the signing of the agreement to avoid double taxation in 2010.
Addressing the signing ceremony, Minister Phat expressed hope to see bilateral trade double to US$300 million by 2010.
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