Belarus wishes to foster economic cooperation with Vietnam

Belarus actively promotes development and cooperation with Vietnam, not only because Belarusians love Vietnamese people, but also because the two countries have common economic interests, he stated.

He affirmed that Belarus is ready to provide its technology to Vietnam, support the formation of new businesses and establish joint ventures to produce technical products.

In addition, he said Belarus is ready to expand the supply of food and fertilizers to Vietnam which are of paramount importance in the current context.

President Lukashenko announced that Prime Minister Roman Golovchenko is about to visit Vietnam to discuss in detail the results of bilateral cooperation over the past years and prospects for further cooperation.

In an interview granted to local media outlets after the meeting, Ambassador Nguyen Van Ngu emphasized that both Belarus and Vietnam have a lot of potential for stronger cooperation and they should seize opportunities to double bilateral trade turnover.

The two sides will make more efforts to deepen and expand their cooperative relationship, he said.

Vietnam and Belarus established diplomatic ties on January 24, 1992. This year the two countries are celebrating 30 years of their diplomacy.

Last year saw the two-way trade turnover between Belarus and Vietnam hit more than US$200 million, Belarus exports to Vietnam fertilizers, livestock products, measuring devices, medicines and cosmetics. It imports from Vietnam rubber products, nuts, fish fillets, integrated circuits and canned foods.

Both sides are completing the supply of agricultural equipment and tools, and planning to build production lines for milk and dairy products.