Vietnam, US strengthen trade cooperation

US President Barack Obama and his government recognise the importance of relations with Vietnam, a relationship that has been built on mutual respect and common interests, a US trade official has said.
US President Barack Obama and his government recognise the importanceof relations with Vietnam, a relationship that has been built onmutual respect and common interests, a US trade official has said.

Meeting with the press in Hanoi on November 15,US Under Secretary of International Trade, Francisco Sanchez, who isvisiting Vietnam from November 13-16, said that this is his thirdvisit to the country in the last 20 months.

Thevisit reveals the commitment of President Obama and the US Government tostrengthening bilateral relations between the two countries, especiallyin trade, he said.

The official went on to say that histour to Indonesia and Vietnam marks the development of trade tiesbetween the US and ASEAN countries.

It is alsoto promote long-lasting relationships and trade commitments by creating aforum to discuss economic cooperation prospects and a foundation forcooperation.

Representatives of some US groups andcompanies said the visit is to seek trade opportunities and boostinvestment in infrastructure projects relating to energy, includingcivil nuclear energy, aviation, environmental technology, architecture,construction and engineering.-VNA

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