Viet Nam, Uzbekistan agree on need for joint investments
Posted by Bao Viet Nam on August 22, 2008
HA NOI — The potential for wider co-operation in joint-venture investment projects between Viet Nam and Uzbekistan was confirmed yesterday during the meeting by Deputy Prime Minister Hoang Trung Hai and Uzbekistan First Deputy Minister of Foreign Economic Relations, Investments and Trade Nasriddin Najimov in Ha Noi.
Hai welcomed the Uzbekistan delegation for its working visit to the second meeting of the Vietnamese-Uzbek inter-governmental committee for trade economic and science-technology co-operation and emphasised that Viet Nam would encourage economic sectors to take part in joint-venture investment projects with Uzbekistan.
He said that the two countries had great potential for co-operation in many areas including the supply of cotton-fibre, coal-gas using technology, oil and gas industries, agricultural product processing and tourism.
Deputy Minister Nasriddin Najimov said he was impressed by Viet Nam’s economic development speed, especially as its foreign investment capital had increased by 2.5 times, compared with that of 2007.
Nasriddin reported the result of the Vietnamese-Uzbek inter-governmental commission’s session, in which the two countries’ enterprises had pointed out concrete co-operation methods.
He said the two countries’ enterprises needed to push up contact and exchange visits of delegations to update information, contributing to boosting the two countries’ co-operation.
At the session, the Uzbekistan delegation signed a co-operation agreement with the Vietnam Chamber of Commerce and Industry and another on oil and gas with Vietnam Oil and Gas Corporation.
The two sides agreed to draft and sign an agreement on visa exemptions for Vietnamese citizens with diplomatic passports, an agreement on plant quarantine and a co-operation agreement on agriculture. —
