Belarusian Deputy PM expects Vietnam-Belarus trade target of US$500 million

VOV.VN - Belarusian Deputy Prime Minister Igor Lyashenko has called for greater joint efforts by the two nations towards achieving the bilateral trade target of US$500 million in the time ahead.

belarusian deputy pm expects vietnam-belarus trade target of us$500 million hinh 0
Politburo member of the Communist Party of Vietnam (CPV) Pham Minh Chinh (R) meets with Belarusian Deputy Prime Minister Igor Lyashenko (Photo:VNA)
Belarusian Deputy Prime Minister Igor Lyashenko met with Politburo member of the Communist Party of Vietnam (CPV) Pham Minh Chinh in Hanoi on September 24, during which he described Vietnam as a long-standing and trustworthy partner of Belarus.

He also applauded Vietnam’s role in the region, noting that both nations share similar viewpoints in many regional and international issues.

Vietnam and Belarus boast a wealth of prospects for broader cooperation, he said, and highlighted the bilateral traditional friendship as a solid foundation for stronger collaboration in a multitude of fields in the future.

He suggested the two countries have new approaches to promote economic and trade ties such as boosting joint venture production and processing, striving to achieve the two-way trade target of US$500 million.

The Belarusian guest asked Vietnam to make it easier for such projects as automobile production and assembly joint venture MAZ ASIA, and milk production joint venture to operate effectively to make inroad into the markets of other ASEAN member states, thus delivering benefits to both sides.

Chinh, who is also Secretary of the CPV Central Committee and Chairman of the CPV Central Committee’s Commission for Organisation, said the Vietnamese Party, State and people always stick great importance to developing time-honoured friendship and sound cooperation with Belarus.

He said the current visit to Vietnam by the Belarusian Deputy PM will add fresh impetus to bilateral relations between the two countries.

The Party official thanked Belarus for backing Vietnam’s bid to become a non-permanent member of the United Nations Security Council for the 2020-2021 term, and hoped both nations will boost closer coordination and offer mutual support at both regional and international multilateral mechanisms.

Vietnam and Belarus are actively carrying out the Free Trade Agreement between Vietnam and the Eurasian Economic Union, Chinh said, adding that the two nations are capitalizing on the advantages of the deal in order to expand bilateral economic, trade and investment cooperation.