37th meeting of VN-Cuba Inter-Governmental Committee convenes
11:18 | 11/09/2019

VGP - Minister of Construction Pham Hong Ha and Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz on September 10 co-chaired the 37th meeting of the Viet Nam-Cuba Inter-Governmental Committee in Ha Noi.

Minister of Construction Pham Hong Ha and Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz co-chair the 37th meeting of the Viet Nam-Cuba Inter-Governmental Committee in Ha Noi, September 10, 2019 - Photo: VGP/Toan Thang

At the meeting, Minister Ha said that the Vietnamese Party, State and people always treasure the traditional friendship and comprehensive cooperation with Cuba, and want to expand collaboration in the fields of both sides’ strengths so as to benefit the development in each nation.

He expressed delight on the bilateral relations across politics, diplomacy, economy, culture, defense-security, and science-technology, adding the two sides have supported each other at multilateral forums, making contributions to increasing their prestige in the region and in the world.

Both sides have worked to accelerate the implementation of the new trade deal reached during the Viet Nam visit by President of the Council of State and Council of Ministers of Cuba Miguel Mario Diaz Canel last year, said the Cuban Minister, expressing his hope that the pact will contribute to promoting and diversifying two-way trade in the time ahead.

The Cuban Government affirms its determination to fulfill all payment obligations, and is thankful to relevant authorities in Viet Nam for their trust and support for the American country to seek rational solutions to the problem, he said.

Viet Nam is currently the second largest trade partner of Cuba in Asia, and among the top 20 trade partners of the country in the world.

As Cuba is running a trade deficit with Viet Nam, he expected that more Cuban products and services will have chances to hit the shelves in the Vietnamese market in the coming time. Besides, he took the occasion to call for further Vietnamese investments to Cuba, saying the country wants to foster collaboration in finance and banking.

At the event, both sides agreed to carry out the evaluation on the implementation of the commitments at the 36th meeting, and results of the medium-term bilateral economic agenda during 2014-2019.

Furthermore, they reached consensus on the cooperation content of the 37th meeting, identified main contents of the bilateral agenda during 2020-2025, and defined priorities in their economic cooperation together with practical measures to remove bottlenecks for trade and investment activities.

By Hoang Ha

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