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VN ready to push trade with Belgium

VGP - Viet Nam wishes to accelerate political and diplomatic ties with Belgium as a foundation for bilateral economic-trade-investment cooperation, said Prime Minister Nguyen Tan Dung while receiving Belgian Deputy Prime Minister Johan Vande Lanotte in Ha Noi on January 20.

January 20, 2014 9:20 PM GMT+7

PM Nguyen Tan Dung and Belgian Deputy PM Johan Vande Lanotte, Ha Noi, January 20, 2014 - Photo: VGP

PM Dung hailed this year as a key milestone in Viet Nam – Belgium relations as it marks the 40th anniversary of their diplomatic ties.

He vowed to offer all possible support to Belgian investors in Viet Nam in order to facilitate two-way trade.

The Government of Viet Nam has been working to better manage and effectively use official development assistance (ODA) funded by Belgium, the host said, adding that he hopes for its continued support in the future.

The Cabinet leader also suggested the Belgian side push up negotiations on the Viet Nam – European Union (EU) free trade agreement and recognise Viet Nam as a market economy soon.

Lanotte made it clear that Belgium wants to tighten goodwill with Viet Nam, particularly in trade and investment. Belgian investors are keen to expand investment in Viet Nam, especially in Dinh Vu industrial park in the northern port city of Hai Phong.

He said Belgium is ready to provide Viet Nam with a springboard for European markets and foster joint work in high technology, cosmology, satellites and ODA.

The guest said Belgium is urging the EU to conclude the a free trade agreement negotiations for signing it with the country as soon as possible, which he said will pave the way for development opportunities, especially in logistics which is a strength of the European nation.

Earlier, Deputy Prime Minister Hoang Trung Hai and his Belgian counterpart Lanotte witnessed the signing of the bidding contract No. 1, part of the VN Red Sat 1B satellite project.-VNA