01 July 2017

News Story: Vietnam, Russia issue joint statement

Moscow (VNA) – Vietnam and Russia issued a joint statement on the occasion of President Tran Dai Quang’s official visit to Russia from June 28-July 1.

The joint statement noted that during their talks on June 29, the two presidents evaluated the current situation and prospects of the Vietnam-Russia comprehensive strategic partnership, while giving measures to strengthen bilateral cooperation in prioritised areas and discussing international and regional matters of shared concern.

The two sides agreed to maintain regular and practical political consultation at all levels, as well as effective meetings through the channels of Party, parliament, ministries, sectors, localities and social organisations.

The two leaders stressed the need to seek new growth momentums to ensure dynamic development of economic-trade cooperation, and meet the urgent demands of the tasks on improving two-way trade and completing bilateral trade structure.

Therefore, the two sides concurred to work for the efficient implementation of the free trade agreement between Vietnam and the Eurasian Economic Union (EAEU) that was signed on May 29, 2015 and related documents.

President Tran Dai Quang and his Russian counterpart agreed to continue working closely in building the Centre for Nuclear Science and Technology in Vietnam, and affirmed their support of the cooperation programme between Vietnam and Russia on the use of nuclear energy for peaceful purposes, which was signed on May 23, 2017 in Hanoi.

Both sides agreed on positive progress of joint projects in oil and gas, affirming that they will continue creating favourable conditions for Vietnamese and Russian enterprises, including the Vietnam National Oil and Gas Group, Gazprom Group, Zarubezhneft, and Rosneft, to carry out activities in the field in the territories of both countries.

The two sides will foster collaboration in promising areas, including oil refinery and petrochemistry, supplying liquefied petroleum gas for Vietnam, producing and selling fuel for gas-fuelled vehicles in Vietnam.

The two sides agreed to strengthen partnership and expand oil and gas exploration area in Vietnam’s continental shelf in line with the 1982 United Nations Convention on the Law of the Sea.

They also consented to the extension of cooperation in electricity, while sharing the hope for effective affiliation in machinery manufacturing, shipbuilding, aviation, chemicals and light industry, and acknowledging the need to diversify bilateral ties in finance-credit.

The two presidents underscored the importance of cooperation in defence and military technology, as well as coordination of actions in defence-security without harming any third party.

Read the full story at VietnamPlus