New opportunities for cooperation between Vietnam and Belarus

14:34 | 11/12/2015 Cooperation

The Viet Nam-Belarus Intergovernmental Committee for Economic, Trade, Scientific and Technological Cooperation held a two-day meeting starting on Monday in Minsk, Belarus.

New opportunities for cooperation between Vietnam and Belarus

Vietnam’s Deputy Minister of Industry and Trade Hoang Quoc Vuong and Belarusian Deputy Foreign Minister Vladimir Rybakov (Photo: VNA)

The participants said Vietnam’s agricultural products, seafood, garments and textiles have great potentials to penetrate into Belarus market while Belarus is strong in machinery, automobile manufacturing and electronics. The two sides confirmed significance of bilateral cooperation especially after the EU-Vietnam Free Trade Agreement took effect.

Vietnam is the gateway for Belarus to penetrate into ASEAN markets and Belarus can serve as a bridge linking Vietnam with eastern European markets. The conclusion of Vietnam-Belarus Free Trade Agreement, the approval of the Asia-Europe Economic Cooperation Agreement and upcoming visit to Vietnam by Belarusian President Alexander Lukashenko may be the breakthrough to boost trade and investment cooperation between the two countries./.


Source: VOV5