Vietnam backs commitments to enhancing ties with Ivory Coast

09:17 | 21/06/2019 Cooperation

Vietnam supports commitments to promoting cooperation between the country and Ivory Coast in not only economy but also other spheres, including national defence, Prime Minister Nguyen Xuan Phuc said on June 19.

PM Nguyen Xuan Phuc (R) receives FM of Ivory Coast Marcel Amon-Tanoh - Photo: NDO

At a reception for Foreign Minister of Ivory Coast Marcel Amon-Tanoh in Hanoi, the PM expressed his hope that businesses of the two countries will step up trade promotion activities. He called on the Ivory Coast to create favourable conditions for Vietnamese enterprises to operate in the African country and for Vietnamese goods to penetrate the market.

He expects that Vietnam and the Ivory Coast will soon reach concrete outcomes in new cooperation spheres, stressing Vietnam stands ready to share its experience and assist the Ivory Coast in rice cultivation.

He suggested the two countries optimise their strength in cashew export, cooperate with and support each other in this regard.

The Ivory Coast would become a bridge for Vietnam to enter the African market while Vietnam would serve as a gateway for the Ivory Coast to penetrate into the Association of Southeast Asian Nations (ASEAN) as well as Vietnam’s major partners, he said.

For his part, Amon-Tanoh said with an open and attractive business environment, the Ivory Coast hopes to attract more foreign investors, including those from Vietnam.

The minister suggested the two countries soon sign agreements on investment protection and double taxation avoidance in order to improve the efficiency of the bilateral economic ties.

In the process of economic modernisation, the Ivory Coast wants to develop the processing industry, especially cashew processing, he said, describing this as an opportunity for Vietnamese businesses to invest in the country.