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CU countries to create a free trade zone with Vietnam

Business Materials 30 November 2011 13:43 (UTC +04:00)
Customs Union countries will establish a free trade zone with Vietnam, the Prime Minister of Belarus Mikhail Myasnikovich told reporters
CU countries to create a free trade zone with Vietnam

Customs Union countries will establish a free trade zone with Vietnam, the Prime Minister of Belarus Mikhail Myasnikovich told reporters, BELTA reported.

The corresponding political decision is made, Myasnikovich said. "We discussed these issues with Russia PM Vladimir Putin. The Vietnamese Prime Minister has contacts with the leaders of the governments of Russia and Kazakhstan," Mikhail Myasnikovich said.

Belarus plans to develop new breakthrough trends in agriculture, industrial production, exports and imports of goods training in Vietnam in the near future. Cooperation in these areas is important to develop on the basis of innovation so the establishment of joint research centers is extremely important for the parties, Michael Myasnikovich added.

Prime Minister Nguyen Tan Dung said the free trade area of the Customs Union and Vietnam can be formed in the near future. Vietnam hopes to develop cooperation with Belarus in the production of engines and trucks, farm, partnership in training. Countries also intend to significantly strengthen the inter-regional relations.

The negotiations between Prime Ministers enabled to identify new joint projects, to determine the strategy of cooperation in the international arena. It was decided to intensify the exchange of contacts, improve the efficiency of the intergovernmental commission on trade and economic ties.

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