Russian Prime Minister Dmitry Medvedev left Ho Chi Minh City on April7, concluding his three-day official visit to Vietnam with a series ofagreements reached across sectors.
During meetings withhigh-ranking Vietnamese leaders, both sides agreed to intensify theVietnam-Russia comprehensive strategic partnership, increase delegationexchange and cooperation activities at all levels, and support eachother at international forums.
They noticed the 2014bilateral trade revenue of 2.59 billion USD still falls short oftheir affiliation potential and investment activities need a boost.
The acceleration of the signing of a free trade agreement betweenVietnam and the Eurasian Economic Union in the first half of this yearcould improve the situation, paving the way for an expected 10-billionUSD trade revenue between the two by 2020.
Meanwhile, the Bankfor Investment and Development of Vietnam and the Russian Foreign TradeBank recently signed a memorandum of understanding on developing apayment model using the currencies of both countries.
The two sides highlighted effective security and defence collaborationas well as the active implementation of agreements on oil and gas andthe construction of nuclear power plant, including the Ninh Thuan 1Nuclear Power Plant project.
The two sideswelcomed cooperation between the Vietnamese and Russian localities,urging the establishment of a joint venture on seafood and woodprocessing in Primorye in the Far East region of Russia.
It is necessary to expand cooperation in science-technology,education-training, culture and tourism to deepen the bilateralcomprehensive relationship, the leaders added.
The leaders also discussed and agreed that any East Sea disputesshould be addressed through peaceful means with respect to internationallaw, including the 1982 United Nations on the Law of the Sea (UNCLOS),as well as fully and effectively implement the Declaration on theConduct of Parties in the East Sea and work towards the formation of aCode of Conduct in the East Sea.-VNA
During meetings withhigh-ranking Vietnamese leaders, both sides agreed to intensify theVietnam-Russia comprehensive strategic partnership, increase delegationexchange and cooperation activities at all levels, and support eachother at international forums.
They noticed the 2014bilateral trade revenue of 2.59 billion USD still falls short oftheir affiliation potential and investment activities need a boost.
The acceleration of the signing of a free trade agreement betweenVietnam and the Eurasian Economic Union in the first half of this yearcould improve the situation, paving the way for an expected 10-billionUSD trade revenue between the two by 2020.
Meanwhile, the Bankfor Investment and Development of Vietnam and the Russian Foreign TradeBank recently signed a memorandum of understanding on developing apayment model using the currencies of both countries.
The two sides highlighted effective security and defence collaborationas well as the active implementation of agreements on oil and gas andthe construction of nuclear power plant, including the Ninh Thuan 1Nuclear Power Plant project.
The two sideswelcomed cooperation between the Vietnamese and Russian localities,urging the establishment of a joint venture on seafood and woodprocessing in Primorye in the Far East region of Russia.
It is necessary to expand cooperation in science-technology,education-training, culture and tourism to deepen the bilateralcomprehensive relationship, the leaders added.
The leaders also discussed and agreed that any East Sea disputesshould be addressed through peaceful means with respect to internationallaw, including the 1982 United Nations on the Law of the Sea (UNCLOS),as well as fully and effectively implement the Declaration on theConduct of Parties in the East Sea and work towards the formation of aCode of Conduct in the East Sea.-VNA
