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Bolivian President seeks stronger economic ties with Vietnam

Bolivia wants to expand bilateral relations with Vietnam, especially economic ties, Bolivian President Evo Morales told newly-appointed Vietnamese Ambassador to Brazil and Bolivia Do Ba Khoa.
Bolivian President seeks stronger economic ties with Vietnam ảnh 1 Bolivian President Evo Morales  (Source: AP)

Hanoi (VNA) - Bolivia wants toexpand bilateral relations with Vietnam, especially economic ties, Bolivian PresidentEvo Morales told newly-appointed Vietnamese Ambassador to Brazil and Bolivia DoBa Khoa.

At a recent reception for the Vietnamese ambassador who came to present hisletter of credentials, President Morales asked Khoa to convey his regards and bestwishes to Vietnamese Party General Secretary and President Nguyen Phu Trong andother Vietnamese leaders.

The President expressed his admiration for achievements made by Vietnam duringits past struggle for national independence and reunification as well as in thecurrent process of national reform, construction and development.

For his part, Khoa conveyed the invitation of Vietnamese Party GeneralSecretary and President Nguyen Phu Trong to President Morales to visit Vietnamin the coming time.

He congratulated Bolivia on the economic achievements the Bolivian people have gainedunder the leadership of President Morales as the country has led Latin Americain terms of economic growth in recent years.

Having briefed the President about Vietnam’s situation, the diplomat pledged tomake every effort to promote the traditional friendship and fruit cooperation, especiallyeconomic ties, between the two countries.
 
Khoa suggested the President direct relevant agencies to start the mechanism ofpolitical consultation and inter-governmental committee between the two nations,and proposed the Bolivian Government to soon recognise Vietnam’s market economystatus.
 
The Bolivian President acknowledged Khoa’s proposals and promised to soonrecognise Vietnam's market economy status.

On the occasion, Khoa had working sessionswith representatives of the Bolivian Institute of Foreign Trade (IBCE); forest and agro-aquaculture management agencies and the federation of private businesses of Bolivia; and the Bolivia-Vietnam FriendshipAssociation.

At the meetings, participants discussed measures to increase mutual understandingabout each other’s market, issues related to the opening of each other’s marketsfor trade exchange, and how to boost Bolivia’s exports of meat, wood andagricultural products to Vietnam in the near future.

According to statistics from the IBCE, two-way trade between Vietnam and Boliviawas 35 million USD in 2018. Vietnam exported goods worth 30 million USD toBolivia, while the Latin American country shipped commodities valued at 5million USD to Vietnam.-VNA
VNA

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