ID :
143326
Thu, 09/23/2010 - 06:25
Auther :
Shortlink :
http://m.oananews.org//node/143326
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Vietnam ’s Ministry of Industry and Trade and Palestine ’s Ministry of Economics
Hanoi (VNA) – Vietnam ’s Ministry of Industry and Trade and Palestine ’s
Ministry of Economics on September 22 signed a memorandum of understanding on
cooperation in industry and trade.
Prior to the signing, the leaders of both ministries held talks to boost bilateral
trade, which has yet to develop due to the geographical distance, a lack of
information and the use of an import-export mechanism that requires business to be
done via a third country.
Minister of Industry and Trade Vu Huy Hoang said that the Vietnamese government is
willing to work directly with Palestine in the long term.
He committed Vietnam to exporting farm products, particularly tea, coffee, seafood
and pepper, to Palestine .
Minister Hoang said that Vietnam sees a lot of potential for exporting garments,
footwear, timber and furniture, agricultural and industrial equipment, aquatic and
seafood products, farm products and rice to the Middle East market in general and
Palestine in particular.
He stated that Vietnam needs to import industrial stone, construction materials,
chemicals, pharmaceuticals and farm produce.
To increase two-way trade, both countries need to exchange information on trade
policies and trade promotion activities, said Minister Hoang.
He proposed that the two countries conduct negotiations and sign accords and
agreements in the areas of economics, finance, and transportation and an agreement
on double taxation avoidance.
Vietnam and Palestine should also establish communication channels to provide
information for their businesspeople and at the same time create the right
conditions to help businesses to invest, conduct market research and open
representative offices.
Palestine ’s Economic Minister Hassan Abu Libdeh said he hopes to boost
cooperation with Vietnam in every field.
He agreed with Hoang’s proposals and informed him of an upcoming market research
tour by a delegation of Palestinian businesspeople.
Representatives from the Ministry of Science and Technology from both countries will
sign a memorandum of understanding on quality standards to enable both countries to
recognise each others’ products.-Enditem
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Ministry of Economics on September 22 signed a memorandum of understanding on
cooperation in industry and trade.
Prior to the signing, the leaders of both ministries held talks to boost bilateral
trade, which has yet to develop due to the geographical distance, a lack of
information and the use of an import-export mechanism that requires business to be
done via a third country.
Minister of Industry and Trade Vu Huy Hoang said that the Vietnamese government is
willing to work directly with Palestine in the long term.
He committed Vietnam to exporting farm products, particularly tea, coffee, seafood
and pepper, to Palestine .
Minister Hoang said that Vietnam sees a lot of potential for exporting garments,
footwear, timber and furniture, agricultural and industrial equipment, aquatic and
seafood products, farm products and rice to the Middle East market in general and
Palestine in particular.
He stated that Vietnam needs to import industrial stone, construction materials,
chemicals, pharmaceuticals and farm produce.
To increase two-way trade, both countries need to exchange information on trade
policies and trade promotion activities, said Minister Hoang.
He proposed that the two countries conduct negotiations and sign accords and
agreements in the areas of economics, finance, and transportation and an agreement
on double taxation avoidance.
Vietnam and Palestine should also establish communication channels to provide
information for their businesspeople and at the same time create the right
conditions to help businesses to invest, conduct market research and open
representative offices.
Palestine ’s Economic Minister Hassan Abu Libdeh said he hopes to boost
cooperation with Vietnam in every field.
He agreed with Hoang’s proposals and informed him of an upcoming market research
tour by a delegation of Palestinian businesspeople.
Representatives from the Ministry of Science and Technology from both countries will
sign a memorandum of understanding on quality standards to enable both countries to
recognise each others’ products.-Enditem
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