Egypt pledges best possible conditions for Vietnamese business operations
VOV.VN - Egypt is willing to create favourable conditions for Vietnamese businesses to come and operate efficiently in the country, Prime Minister Mostafa Madbouly told Vietnamese Deputy Prime Minister Tran Luu Quang during their talks in Cairo on July 27.
Madbouly said Egyptian businesses are increasingly interested in the Vietnamese market thanks to its political stability and favourable business and investment environment, and they wish to further strengthen economic, trade and investment cooperation with Vietnam.
For his part, Quang, who is in Egypt for a working visit, welcomed Egypt’s goodwill and agreed that the two countries hold great potential for stronger cooperation, especially in the fields of trade, investment and agriculture.
To create a breakthrough in future trade cooperation, he proposed that the two countries examine the possibility of negotiating the Vietnam-Egypt Free Trade Agreement, and jointly produce Halal food according to the bilateral or multi-party model in either Vietnam or Egypt.
The two leaders agreed that both sides would increase the exchange of business delegations, jointly organize trade and investment promotion events in each country, facilitate market access for each other’s strong export items such as agricultural products, garments and fertilizers. They will encourage and support their businesses to strengthen connections and participate in investment projects in each country.
They agreed to prepare well and soon organize the sixth meeting of the Vietnam-Egypt Joint Committee, and at the same time to promote the completion of the legal framework for multifaceted cooperation between the two countries.
Deputy Prime Minister Tran Luu Quang expressed his wish that Egypt would continue to provide scholarships for Vietnamese students to come and study Arabic and other fields of the country’s strengths. He also proposed that the Egyptian government create favourable conditions for the Vietnamese community in Egypt to integrate well, stabilize their lives and work in their host country, contributing to enhancing mutual understanding and cooperation between the two countries.
On this occasion, Quang respectfully conveyed Prime Minister Pham Minh Chinh’s invitation to Prime Minister Mostafa Madbouly to visit Vietnam soon. He also suggested that the two sides actively coordinate and support each other at international forums.
Immediately after the talks, Deputy Prime Minister Tran Luu Quang and Egyptian Prime Minister Mostafa Madbouly witnessed the signing of a Memorandum of Understanding on cooperation between the State Bank of Vietnam and the Central Bank of Egypt.
