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Finance Minister in Cuba to boost financial cooperation

Minister of Finance Dinh Tien Dung paid an official visit to Cuba from August 23-25 with the aim of shoring up financial and trade partnership between Vietnam and Cuba.
Finance Minister in Cuba to boost financial cooperation ảnh 1 Vietnam and Cuba need to focus cooperation on taxation management and reform. Illustrative image (Photo: VNA)

Havana (VNA) – Minister of Finance Dinh Tien Dung paid an officialvisit to Cuba from August 23-25 with the aim of shoring up financial and tradepartnership between Vietnam and Cuba.

During his talks with Cuban Minister of Finance and Prices Lina OlindaPedraza Rodriguez on August 24, Dung said the two financial ministries need tomaintain and improve the efficiency of existing cooperation mechanisms topromote economic, trade and investment collaboration between the two countriesin correspondence with their sound political relations.

He recommended that both sides focus cooperation on taxation management and reformand human resource training for their state treasuries as part of the Memorandumof Understanding on cooperation for 2016-2020.

Minister Dung also urged the two sides to push forward with joint work toimplement specific contents and projects under the cooperation framework of theVietnam-Cuba Inter-Governmental Committee.

For her part, Minister Lina Olinda Pedraza Rodriguez highlighted theachievements in experience sharing and negotiations of investment projects betweenthe two countries.

She proposed strengthening cooperation in the customs sector as Cuba seeks toensure safety and security for international flights while carrying out its open-doorpolicy.

The two sides can also consider signing cooperation programmes to promoteexperience sharing, delegation exchanges and joint activities in fighting smugglingand other sectors of mutual interests, she said.

The same day, Minister Dung met with Vice President of the Council of MinistersRicardo Cabrisas Ruiz, who is also Minister of Economy and Planning.

On the occasion, the Ministry of Finance sent a group of tax specialists toCuba to share experience in tax management.-VNA


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