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Iran, Vietnam sign 2 documents to boost mutual ties

Business Materials 6 October 2016 12:13 (UTC +04:00)
Iran and Vietnam signed two documents to boost mutual cooperation, the official website of Iran’s president reported Oct. 6.
Iran, Vietnam sign 2 documents to boost mutual ties

Baku, Azerbaijan, Oct. 6

By Fatih Karimov – Trend:

Iran and Vietnam signed two documents to boost mutual cooperation, the official website of Iran’s president reported Oct. 6.

The deals were signed on the sidelines of a meeting between Iran's President Hassan Rouhani and Vietnam's President Tran Dai Quang in Hanoi.

The signed documents include a MOU for mutual abolition of visas for certain passports and a document for cooperation in the ICT sector.

Rouhani and Dai Quang also agreed to raise the value of transactions between the two capitals to more than $2 billion.

Addressing a joint press conference after their bilateral meeting, Rouhani said the two presidents also agreed that the Iranian and Vietnamese central banks sign a deal for promotion of banking relations.

The Iranian president further expressed hope that his three-day visit to Vietnam will be a turning point for Tehran-Hanoi relations.

He added that there is a very good opportunity available in the field of energy for export of oil, LNG and petrochemicals from Iran to Vietnam and Vietnamese companies are ready to invest in the Iranian oil and gas projects.

Rouhani arrived in Hanoi on Oct. 5, leading a high ranking political and economic delegation on the first leg of his regional tour to South-East Asian countries which will later take him to Malaysia and Thailand respectively.

Foreign Minister Mohammad Javad Zarif, Minister of Agriculture Mahmoud Hojjati, Minister of Industries, Mine and trade Mohammad Reza Nematzadeh and the Iranian Central Bank head, Valiollah Seif are accompanying Rouhani.

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