VN, Russia work to bring bilateral trade to 10 billion USD in 2020

Vietnam, Russia work to bring bilateral trade to 10 billion USD in 2020

The Communist Party of Vietnam (CPV) and the Government are striving to bring the Vietnam-Russia trade to 10 billion USD in 2020, Politburo member, Secretary of the CPV Central Committee Nguyen Van Binh said on September 14.
Vietnam, Russia work to bring bilateral trade to 10 billion USD in 2020 ảnh 1Politburo member, Secretary of the CPV Central Committee and head of its Economic Commission Nguyen Van Binh (R) hosts Russian Presidential Commissioner for Entrepreneurs’ Rights Tivot Boris Yurievich (Photo: VNA)
Hanoi (VNA) – The Communist Party of Vietnam (CPV) and the Government arestriving to bring the Vietnam-Russia trade to 10 billion USD in 2020, Politburomember, Secretary of the CPV Central Committee NguyenVan Binh said on September 14.

Binh, who is also head of the CPV CentralCommittee’s Economic Commission, made the statement while receiving Tivot BorisYurievich, Russian Presidential Commissioner for Entrepreneurs’ Rights.

At the meeting in Hanoi, Binh spoke highly ofthe thriving Vietnam-Russia comprehensive strategic partnership, reflectedthrough the success of the recent visit to Russia by General Secretary of theCPV Central Committee Nguyen Phu Trong.

He also underlined the consistent policy of theParty and Government of Vietnam to further promote the bilateral investment andeconomic cooperation to match the two countries’ political ties.

Affirming the warm relations between thecountries, Binh said that the two governments need to create favourableconditions for the operation of businesses in each country, which in turn will contributeto the bilateral trade. 

In reply, Tivot said that the President andentrepreneurs of Russia want to enhance investment and trade collaboration withVietnam. Therefore, both sides need to seek methods with high feasibility tocreate cooperation frameworks in the economic sector, particularly in hightechnology industry and agriculture. 

The Commissioner put forward the coordination inlegal rights protection for Vietnamese and Russian businesses, and consultedwith Vietnamese authorities on measures to promote Russia’s economic growthwith a view to reducing dependence on oil sources.

He expressed his hope for more activities thatfoster understanding, trust and prompt actions of the countries, facilitatingthe bilateral cooperation.-VNA

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