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​Vietnam, Egypt open new opportunities for cooperation

​Vietnam, Egypt open new opportunities for cooperation

Friday, September 08, 2017, 14:51 GMT+7

The state visit of Egyptian President Abdel Fattah al-Sisi to Vietnam has opened new opportunities for cooperation between two nations in the coming years.

The Egyptian head of state joined talks with Vietnamese Prime Minister Nguyen Xuan Phuc in Hanoi on Thursday morning, as part of his trip to the Southeast Asian country on September 6 and 7.

During the conversation, the two leaders agreed that President Sisi’s visit is the foundation for new cooperation opportunities between the two countries in the future.

PM Phuc asserted that the Vietnamese government would instruct competent agencies to coordinate with their Egyptian counterparts in implementing commitments reached by the two countries’ leaders, including the US$1 billion worth of bilateral trade turnover.

Both nations should step up their cooperation across fields and increase the exchange of goods such as Vietnam’s tea, seafood, rice, cashew nuts, coffee, pepper, garments, textiles, and rubber, and Egypt’s petrochemical products, chemicals, cotton, and processed food, the premier continued.

He asked Egypt to soon approve the Double Taxation Avoidance Agreement signed by the two countries in 2006, create conditions for the Vietnam National Oil and Gas Group (PetroVietnam) to seek investment opportunities and provide oil-related services in African nation.

Vietnam wishes to further its collaboration with Egypt in national defense, agriculture, culture, tourism, transport and education-training, the head of government said.

Replying to his host, President Sisi stated that Egypt can act as a gateway for Vietnam to enter the African and Middle East markets, thanks to its free trade agreements from various regions.  

Egypt always treasures its multi-faceted relationship with Vietnam, the leader added.

Following the talk, the Egyptian president also met with Chairwoman of Vietnam’s National Assembly Nguyen Thi Kim Ngan.

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Tuoi Tre News


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