Panel discussion on cooperation with Vietnam

Date: 21 December 2017

The Belarusian Chamber of Commerce and Industry with the assistance of the Embassy of the Socialist Republic of Vietnam in the Republic of Belarus has organized a panel discussion "Belarus-Vietnam in the context of the free trade agreement between the EAEU member states and the Socialist Republic of Vietnam".

The Chairman of the BelCCI Vladimir Ulakhovich, the Ambassador Extraordinary and Plenipotentiary of Vietnam to Belarus Le Anh, the representatives of the Eurasian Economic Commission, and about 60 Belarusian businessmen took part in the event.

Vladimir Ulakhovich recalled the goal to increase the bilateral trade to $500 million set by the heads of states. "The goal is achievable but not only through trade but also through the development of cooperation," he stated. The BelCCI Chairman took note of such important joint endeavors as the projects to set up an assembly facility for MAZ trucks in Vietnam, to establish a BelAZ maintenance center and the open a joint venture in Vietnam to produce milk from Belarusian raw materials.

According to Mr. Le Anh, the Ambassador Extraordinary and Plenipotentiary of Vietnam, the mutual relations between Vietnam and Belarus have been recently activated and promoted by the visit of the Vietnamese President Tran Dai Quang to Belarus in June 2017. "This visit has raised our cooperation to a new level in all the areas, but most importantly in the economic sector," he stressed.

Besides, Mr. Le Anh noted that alongside the traditional fields of bilateral cooperation Vietnam is interested in intensifying interaction with Belarus in the scientific sector and in IT. In his words, the panel discussion is a good opportunity for both countries' companies to establish direct ties, to talk over further plans and develop approaches to the development of cooperation the next year.

The panel discussion took stock of the Belarusian-Vietnamese trade and economic cooperation, considered export-import opportunities and cooperation prospects under the terms of the preferential trade agreement (duty-free import of goods, setting up of joint manufacturing facilities).

The plans of joint work of the BelCCI and the Embassy on business networking promotion, the arrangement of the events featuring business community representatives were considered during the meeting of Vladimir Ulakhovich and Le Anh. In particular, the sides discussed the functioning of the Belarus-Vietnam Business Council to be established in the first quarter of 2018. Vladimir Ulakhovich stressed that the formal establishment of the business council is not the purpose. "The most important thing for us is to create a working platform for communication of the enterprises of the two countries. It is important that they meet and discuss the development of cooperation, the barriers that still exist, the prospects and potential of the free trade zone. We really want to create a quality platform for business interaction of two countries," he stated. 


Based on BelTA