Paraguay wishes to further promote trade links with Vietnam, Ambassador Luis Fernando Avalos, director-general of bilateral policies at Paraguay’s Foreign Ministry, told Vietnamese Ambassador to Argentina and Paraguay Nguyen Dinh Thao at a meeting in Asuncion on April 7.
Ambassador Luis Fernando Avalos (the third from the left and Ambassador Nguyen Dinh Thao (C) (Source: VNA)
Hanoi (VNA) –Paraguay wishes to further promote trade links with Vietnam, Ambassador Luis Fernando Avalos, director-general of bilateralpolicies at Paraguay’s ForeignMinistry, told Vietnamese Ambassador to Argentina and Paraguay Nguyen Dinh Thaoat a meeting in Asuncion on April 7.
Avalos suggested the two sides actively implement inkedagreements and consider signing new ones, towards laying a legal foundation forlong-term cooperation between the two countries in the future.
While speaking of Vietnam’s experience made in its Doi moi (renewal) process,he affirmed that his country’s recognition of Vietnam’s market economy willcontribute to expanding two-way trade in the future.
For his part, Ambassador Thao expressed hishope that Paraguay will back Vietnam’s proposals on considering possibilitiesof negotiating and signing a preferential trade agreement between Vietnam andthe Southern Common Market (Mercosur),which groups Argentina, Brazil, Paraguay, Uruguay and Venezuela.
He asked the two Governments to furthersupport the two countries’ enterprises in seeking business opportunities and settingup partnerships in trade and investment.
A delegation from 20 Vietnamese enterprises is scheduled to visit Paraguay fortrade and investment promotion activities this July, Thao said, adding that aseminar will be held to introduce potential for cooperation and businessopportunities in both countries.
Meeting with Ana Chuang, the National Director of Investment and Export Networkunder Paraguay’s Ministry of Industry and Commerce, Ambassador Thao invitedParaguay’s enterprises to take part in the VietnamInternational Food Industry Exhibition 2016 (VietnamFoodexpo 2017) in November this year.
He also suggested considering negotiations and signing of a memorandum ofunderstanding on economic and trade cooperation between the two countries’ industryand trade ministries.
On the occasion, the Vietnamese diplomat alsohad meetings with Paraguayan enterprises, and responded to queries of the hostcountry’s television and radio stations on potential and opportunities for cooperationbetween the two countries.
Vietnam-Paraguay trade in 2016 valued at 75 million USD, up 25 percent against2015. Vietnammainly exports coffee, sport shoes, electric fans, rubber, and rattan andbamboo products, ceramics and textiles to Paraguay.-VNA
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Ambassador Luis Fernando Avalos (the third from the left and Ambassador Nguyen Dinh Thao (C) (Source: VNA)
