Vietnam, Cuba agree to forge trade links

Vietnam and Cuba signed the minutes of the 32nd meeting of their Inter-Governmental Committee for Economic, Commercial, Scientific and Technological Cooperation in Havana, Cuba, on October 17.

Minister of Construction Trinh Dinh Dung (left); Cuban Minister of Trade and Foreign Investment Rodrigo Malmierca Diaz (Photo: VNA)

The signatories are Vietnamese Minister of Construction Trinh Dinh Dung and Cuban Minister of Trade and Foreign Investment Rodrigo Malmierca Diaz.

Apart from traditional cooperative fields such as agriculture, energy, health, and biological technology, both countries looked towards the new area of construction material, said Minister Dung.

The two sides agreed to put forth measures to deepen cooperation in 2014-2015, based on the bilateral economic agenda signed in March this year during Prime Minister Nguyen Tan Dung’s visit to Cuba .

New Cuban legal regulations on foreign investment are expected to open up opportunities for Vietnamese businesses.

Vietnam’s Viglacera and Cuba’s Industrial Construction Corporation signed a Memorandum of Understanding on the feasible study of the establishment of a joint venture in ceramics manufacturing.

The same day, First Vice President of the State Council and the Council of Ministers of Cuba Miguel Diaz Canel Bermudex, received Vietnamese participants to the meeting, saying the Cuban Party and State hope to enhance trade links with Vietnam based on the bilateral traditional friendship and solidarity.

Source:VNA

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