PM Phuc desires stronger cooperation with Egypt in multiple fields

Thứ Năm, 07/09/2017, 20:25
Prime Minister Nguyen Xuan Phuc has called on Vietnam and Egypt to boost their cooperation across a variety of fields, and increase the exchange of goods of their strength.

At a reception for Egyptian President Abdel Fattah el-Sisi in Hanoi on September 7, Prime Minister Nguyen Xuan Phuc said he hopes both sides will expand cooperation in areas of their strength such as tea, seafood, rice, cashew nuts, coffee, pepper, garments-textiles and rubber of Vietnam, and petrochemical products, chemicals, cotton and processed food of Egypt.  

He said he will instruct relevant Vietnamese agencies to coordinate with their Egyptian counterparts to speed up the implementation of commitments reached by the two countries’ leaders, thus bringing the bilateral trade to US$1 billion in the coming time.
Prime Minister Nguyen Xuan Phuc has called on Vietnam and Egypt to boost their cooperation across a variety of fields, and increase the exchange of goods of their strength.

Vietnam always values the traditional friendship and mutually beneficial cooperation with Egypt, Phuc told his guest.

He suggested Egypt soon adopt the Double Taxation Avoidance Agreement signed by the two countries in 2006, create conditions for the Vietnam National Oil and Gas Group (PetroVietnam) to seek investment opportunities and provide oil-related services in Egypt. 

Vietnam wants to promote its collaboration with Egypt in national defence, agriculture, culture, tourism, transport and education-training, the Government leader said. 

Expressing his thanks to the Egyptian Government for granting Arabic language scholarships to Vietnamese students, PM Phuc said these students have made remarkable contributions to the bilateral ties. 

He urged the two countries’ diplomatic agencies to work hand in hand with each other in holding activities to celebrate the 55th anniversary of diplomatic ties. 

The host suggested assigning competent agencies of Vietnam and Egypt to research President Ho Chi Minh’s activities in Egypt, considering it an invaluable asset that helps tighten the bilateral relationship. 

He thanked the Egyptian Government and people for their support to Vietnam in evacuating Vietnamese guest workers from Libya in 2011 and 2014. 

In reply, President el-Sisi said his visit aims to affirm that Egypt always places importance to the relationship with Vietnam in all fields. 

He also took the occasion to invite PM Phuc to pay an official visit to Egypt. The President informed PM Phuc about outcomes of his talks with President Tran Dai Quang, during which the two sides reached a consensus on cooperation orientations and signed agreements. 

Egypt hopes to cooperate with Vietnam and learn from the country’s experience in socio-economic development, he said.

Egypt appreciates Vietnam’s experience, particularly in developing industrial parks, fishery and seafood processing, the President said, noting his wish that the two countries will join hands in these spheres at both Government and business levels. 

President el-Sisi said Egypt has about a 4,000 km Red Sea coastline and a market of 91 million people, which, he regarded a good opportunity for Vietnamese businesses to invest in the country. 

Egypt also acts as a gateway for Vietnam to enter the African and Middle East markets, he said, adding that Egypt’s engagement in free trade agreements with Africa, Gulf States and Europe would make it easier for Vietnamese goods to access these markets, the President said. 

He stressed that Egypt desires to balance trade with Vietnam and that Vietnamese enterprises will invest in his country’s industrial parks. 

In education, he affirmed his nation's readiness to provide scholarships for Vietnamese students while expressing his hope for strengthened bilateral cooperation in tourism in the future.


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