Russia, Vietnam promote comprehensive relations
President Truong Tan Sang and his Russian counterpart Vladimir Putin have discussed practical measures to make Vietnam-Russia relations more substantial and effective.
At their meeting on the sidelines of the APEC 20 in Vladivostok on September 8, the two State leaders praised the signing of a document on impact research to kick- start negotiations on a Free Trade Agreement (FTA) between Vietnam and Customs Alliance members including Russia, Belarus and Kazakhstan in the first quarter of next year.
They expressed hopes that after being signed, the FTA will create a new framework for further promoting economic, trade and investment cooperation among all parties concerned.
The two leaders agreed to strengthen multifaceted cooperation between Vietnam and the Far East in potential areas such as mining, wood processing, garments and textiles, seafood production, education and training.
President Sang said Vietnam is keen to invest in the Far East, adding that with its experience and advantages, the country can help Russia fully tap potential in the Far East.
For his part, Russian President Putin said his country will create favourable conditions for Vietnamese businesses to carry out long-term investment projects.
Mr Sang congratulated President Putin on the successful organization of the APEC Summit 2012, which contributes to promoting regional development and connectivity as well as economic recovery and thus elevating Russia’s status in the Asia-Pacific region and international arena.
Mr Putin thanked Vietnam for actively coordinating with Russia in organizing this important event.