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Prime Minister Pham Minh Chinh receives Saudi Arabian Minister of Economy and Planning

VTC NewsVTC News19/10/2023


Prime Minister Pham Minh Chinh congratulated Saudi Arabia on its great achievements in diversifying and developing non-oil economic sectors, promoting the application of science and technology, innovation, prioritizing green and sustainable development, and aiming to realize the goals in the "Vision 2030" Strategy.

Prime Minister Pham Minh Chinh receives Saudi Arabia's Minister of Economy and Planning. (Photo: VGP/Nhat Bac)

Prime Minister Pham Minh Chinh received the Minister of Economy and Planning of Saudi Arabia.
(Photo: VGP/Nhat Bac)

Affirming that the Vietnam - Saudi Arabia cooperation relationship is developing very well and still has much potential to promote cooperation, the Prime Minister suggested that the two economies strengthen connectivity, coordinate in organizing trade and investment promotion activities, prioritizing areas such as energy, finance and banking, and strengthen cooperation in new areas such as cooperation in production, processing of Halal products, digital transformation, etc.

In the field of trade, the Prime Minister suggested that both sides create conditions for each other's strong products to penetrate each other's markets; coordinate to promptly resolve difficulties in exporting Vietnamese farmed seafood to Saudi Arabia.

To facilitate enhanced cooperation, the Prime Minister suggested that the two sides increase delegation exchanges, people-to-people and cultural exchanges, share development experiences, and promote transport and aviation connections.

Thủ tướng Phạm Minh Chính tiếp Bộ trưởng Kinh tế và Kế hoạch Ả Rập Xê Út - 2

Minister Faisal bin Fadhil Al-Ibrahim highly appreciated the achievements of the Vietnamese Government in economic management and development. (Photo: VGP/Nhat Bac)

Minister Faisal bin Fadhil Al-Ibrahim highly appreciated the achievements of the Vietnamese Government in economic management and development, affirming that he will closely coordinate with the Ministry of Industry and Mines, Chairman of the Saudi Arabian side of the Vietnam - Saudi Arabia Intergovernmental Committee in the coming time to further deepen economic cooperation with Vietnam, especially in trade and investment.

He emphasized that the two countries can take advantage of each other's markets as a gateway to expand exports to other markets in the region.

The Minister expressed his wish to visit Vietnam soon in the near future and complete negotiations and sign cooperation documents with Vietnam's partners.

To achieve the above goals, the two sides agreed to study the establishment of joint economic working groups and soon organize the 5th meeting of the Joint Committee in the coming time and study to improve the effectiveness of this mechanism in reviewing and promoting bilateral cooperation.

(Source: Government Newspaper)



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