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Vietnam, Spain agree to develop relations

Publication Date : 27-03-2014


The foreign ministers of Vietnam and Spain agreed on measures to boost bilateral ties in talks held in Hanoi yesterday.

Deputy Prime Minister and Foreign Minister Pham Binh Minh and Spanish Minister of Foreign Affairs and Cooperation Jose Manual Garcia Margallo said the two sides should increase communications and the exchange of delegations, while optimising existing channels, such as political consultations at deputy foreign-minister level and the joint committee on development co-operation.

They also agreed to create favourable conditions for businesses in both countries to meet and establish links.

The two politicians said that attention should be paid to expanding collaboration in culture, education-training, transport, tourism and security-defence.

They also agreed to maintain close coordination at international and regional forums, particularly those in the framework of the United Nations, Asean-EU and Asia-Europe Meeting (Asem).

Vietnam pledged to help Spain expand its relations with the member-countries of the Association of Southeast Asian Nations (Asean).

Spain affirmed its support for stronger relations between Vietnam and the EU, including the swift recognition of Vietnam's full market-economy status.

Margallo, who is accompanied by 15 leading Spanish business people, is visiting Vietnam at the invitation of Foreign Minister Minh, who is also Vietnam's Deputy Prime Minister.

He told his hosts that Vietnam's impressive growth rate and Spain's recovered economy were major factors strengthening ties.

Speaking at a dialogue organised by the Vietnam Chamber of Commercial and Industry (VCCI) and the Spanish Embassy, he noted how Spain, the fourth economy in the Eurozone, was able to recover from a crisis through reforms in institutions and the financial and real estate sector.

Margallo said Spain was willing to share its experiences in tackling economic difficulties as well as its strengths, including infrastructure, tourism and energy.

Vice President of VCCI Hoang Van Dung said Vietnam was seeking investments in infrastructure, telecommunications, renewable energy and food processing.

Relations between Vietnam and Spain have developed considerably in recent years, especially since they set up a strategic partnership in 2009.

The two countries are implementing several joint projects, including the construction of the Noi Bai- Lao Cai Expressway, Bus Rapid Transit (BRT) systems in Ha Noi and Hai Phong, and urban metro routes in Ha Noi and HCM City.


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