Vietnam, Cuba determined to raise bilateral trade to US$500 million
Wednesday, September 11,2019AsemconnectVietnam - Cuban Minister of Foreign Trade and Foreign Investment Rodrigo Malmierca Diaz welcomed both nations’ resolve to lift bilateral trade to US$500 million in 2020 at a meeting with Prime Minister Nguyen Xuan Phuc in Hanoi on September 10.
The Cuban Minister pledged all-out efforts to help the inter-governmental committee work effectively.
Despite the Cuban economy facing numerous difficulties due to sanctions, it is trying its best to move forwards, he said while showing his appreciation for Vietnam’s rice supply for his country.
Rodrigo Malmierca Diaz said Cuba desires to bolster exports to Vietnam, especially healthcare services and biological products, and also wants to draw more investment from the Southeast Asian nation as there are many Vietnamese enterprises operating effectively in Cuba.
Cuba is considering mechanism and policy improvements to ameliorate its investment climate and attract more foreign investment, he said, adding that his country wants Vietnam to help it with agricultural development as Vietnam is experienced in this area.
As both nations will celebrate 60 years of their diplomatic relations in 2020, they should work hand in hand to launch a string of practical celebratory activities in a bid to further foster the traditional friendship, the Cuban guest said.
Cuba greatly values Vietnam’s rising role and stature, especially when Vietnam will work as a non-permanent member of the United Nations Security Council for 2020-2021 and the ASEAN chair next year, he told his host.
The host leader said the Communist Party and people of Vietnam always bear in mind the strong support and wholehearted assistance from their Cuba counterparts during the past struggles for national independence and reunification as well as the current building of a socialist nation.
Vietnam will continue to work together with Cuba to ensure stable rice supply and intensify its investment in the Caribbean country, Phuc affirmed.
Source: VOV.VN
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