On the afternoon of August 2, at the Government Headquarters, Prime Minister Pham Minh Chinh received President of Timor-Leste Jose Ramos-Horta on the occasion of the President's state visit to Vietnam, according to the Vietnamese Ministry of Foreign Affairs .
The two sides highly appreciated the positive developments in the friendly cooperation between Vietnam and Timor-Leste. High-level exchanges and contacts were maintained; trade and investment cooperation was promoted; import-export turnover in the first 5 months of 2024 increased by nearly 30% over the same period (reaching more than 6 million USD); effective investment and business activities in Timor-Leste of Viettel Telecommunications Group (Telemor) contributed positively to the socio-economic development in Timor-Leste.
The two leaders also agreed on the need to enhance political trust through high-level exchanges and contacts; effectively implement high-level agreements; continue to promote the completion of the legal framework for bilateral cooperation; and effectively exploit the great cooperation potential between the two countries.
Assessing that rice is the main commodity in trade cooperation between the two countries, the Prime Minister suggested that the two sides soon extend or sign a new Memorandum of Understanding on Rice Trade, contributing to ensuring food security; encourage Timor-Leste to increase imports of Vietnamese goods that suit Timor-Leste's needs and tastes such as textiles, footwear, beverages, dairy products, processed foods, agricultural and aquatic products, etc.
The Prime Minister asked Timor-Leste to promptly resolve difficulties and obstacles in doing business for Vietnamese enterprises in the locality and create more favorable conditions for Vietnamese enterprises to expand their investment and business, especially in the fields of telecommunications, providing digital service solutions and oil and gas exploration and exploitation.
Expressing his deep impression of Vietnam's experience in macroeconomic management and successful international integration, the President of Timor-Leste supported the proposals of Prime Minister Pham Minh Chinh; wished that Vietnam would support Timor-Leste in areas where Vietnam has strengths such as agriculture and food security, infrastructure development, education and training, human resource development, healthcare, hunger eradication and poverty reduction; increased investment presence in Timor-Leste; Timor-Leste committed to creating favorable conditions for Vietnamese businesses.
The two leaders agreed to promote cooperation in other important areas such as security, defense, information and communications, education and training; effectively utilize new trends such as green economy, clean energy, innovation; promote people-to-people exchanges through tourism development, cultural exchanges, etc.
Discussing international and regional issues, the two sides agreed to continue to coordinate and support each other at multilateral organizations. The Prime Minister highly appreciated Timor-Leste's determination and efforts in implementing the "Timor-Leste Roadmap to Full ASEAN Membership"; emphasizing that Vietnam is always consistent in supporting Timor-Leste to soon become a full member of ASEAN. President Jose Ramos-Horta affirmed that Timor-Leste is ready to support Vietnam's candidacy for all multilateral, regional and international mechanisms and organizations.
Source: https://laodong.vn/thoi-su/timor-leste-muon-viet-nam-tang-hien-dien-dau-tu-1375189.ldo
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