10:12 | 11/05/2015 Cooperation
President Truong Tan Sang and his Russian counterpart Vladimir Putin agreed upon a score of measures to strengthen the comprehensive strategic partnership between Vietnam and Russia in the new phase of development.
At talks with President Vladimir Putin in Moscow on May 9, President Sang said the victory brought peace to the world and was an important premise for the struggle for national independence in some countries in Asia, Africa, and Latin America, including Vietnam.
Both state leader held that the signing of a free trade agreement between Vietnam and the Eurasian Economic Union later this month will be a breakthrough towards achieving US$10 billion in bilateral trade by 2020.
Host and guest praised the operations of both countries’ oil and gas companies as well as their joint ventures. They pledged to create favorable conditions for oil and gas exploration and exploitation projects at present and new projects in oil refinery in the future.
They also pledged to spur comprehensive cooperation in finance, investment, banking, industry, agriculture, and mining.
The pair consented to deepen cooperation in national defence and security with a focus on training servicemen and technicians. The two presidents suggested localities should consider the possibility of establishing a joint venture for seafood and wood processing in Russia’s Primori region and a light industry zone in Moscow.
Meeting Egyptian President Abdel Fattah Al-Sisi the same day, President Sang underlined the need to forge economic-trade-investment coordination by facilitating business visits and establishing a Business Council.
President Sang concluded his Russian trip on May 10 for the 70th anniversary of the victory over fascism in Russia’s Great Patriotic War.
The same day he began a visit to the Czech Republic from May 10-13.
Source VOV News