PM leaves for Kazakhstan to witness FTA signing

Prime Minister Nguyen Tan Dung left Hanoi on early May 29 morning to attend a signing ceremony on a free trade agreement (FTA) between Vietnam and the Eurasia Economic Union in Kazakhstan. 

The trade pact is expected to create a legal framework for Vietnam and the union members to increase bilateral relations and exchange measures to implement the agreement with each country. 

PM Nguyen Tan Dung is scheduled to pay official visits to Algeria, Portugal and Bulgaria from May 29 to June 6 at the invitation of his counterparts of respective countries. 

He is accompanied by Minister-Chairman of the Government Office Nguyen Van Nen; Minister of Industry and Trade Vu Huy Hoang; Minister of Planning and Investment Bui Quang Vinh; Minister of Justice Ha Hung Cuong; and other senior officials. 

The visits aim to illustrate the comprehensive cooperation policy of Vietnam with Europe and European Union (EU), as well as the Southeast Asian country’s important attachment to collaboration with Africa. 

The Vietnamese Government leader will take this opportunity to exchange with foreign partners sustainable socio-economic development, international economic connection, and climate change. 

The visits are also expected to promote new cooperation frameworks and attract foreign investment into Vietnam. 

Vietnam and Kazakhstan established diplomatic ties in 1992, and have provided mutual support at the United Nations and other international forums as well as recognising each other as a market economy. 

Vietnam and Algeria formed diplomatic relations in 1962. Vietnam opened an embassy in Algiers a month later, while Algeria set up its embassy in Hanoi in April 1968. 

Meanwhile Vietnam and Portugal set up diplomatic ties in 1975 and have since maintained exchange of delegations at different levels. 

Bulgaria , whereas, was one of the first 10 countries to establish diplomatic ties with Vietnam in February 1950. 

In March 2001, the two countries signed a new Economic-Trade Agreement, granting each other most-favoured nation (MFN) status.
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