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Vietnam, Iran seek out further cooperation initiatives

Friday, October 07, 2016, 09:56 GMT+7

Boosting bilateral ties was the primary focus of discussions between Vietnamese State President Tran Dai Quang and his Iranian counterpart Hassan Rouhani during the latter’s state visit to Vietnam from October 5 to 7.

President Quang hosted the Iranian leader at the Presidential Palace in Hanoi on Thursday morning, honoring his guest’s visit as contribution to a Vietnam-Iran relationship that has been bolstered over the past few decades.

The Vietnamese head of state highlighted the promising potential for further cooperation between two nations.

Presidents Quang and Rouhani pledged to strive for over US$2 billion in Vietnam-Iran bilateral trade turnover in the near future and promised to provide businesses with favorable conditions for collaboration and investment.

The cooperative focus will be directed towards the energy, information and communications, agriculture, fisheries, science-technology, and banking industries.

Vietnam and Iran will also expand ties in culture, education, tourism and people-to-people exchanges, President Quang said, adding that Hanoi will open up more opportunities for Iranian goods to enter its market.

He also praised President Rouhani’s support for the import of Vietnamese products to Iran in order to balance bilateral trade between the two countries.

According to the Iranian leader, his country is willing to further facilitate the operation of oil and gas enterprises in Iran.

The two parties also discussed regional security situations, asserting the importance of preserving peace and stability in the region and world.

They shared similar political viewpoints by supporting peace within Southeast Asia and the Middle East and voicing opposition towards violence and extremism.

President Rouhani sat down for a conversation with Vietnamese Prime Minister Nguyen Xuan Phuc later the same day, conferring on measures to establish a potential free trade agreement between the two nations.

He also met with General Secretary of the Communist Party of Vietnam Nguyen Phu Trong that evening.

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