t their talks in Hanoi on Tuesday, President Truong Tan Sang and his visiting Russian counterpart Vladimir Putin focused on measures to boost bilateral ties. Seventeen cooperation deals were inked between the two sides.>> Russia-Vietnam: Together to New Cooperation Goals >> Putin’s visit to take Vietnam-Russia ties to new height
The two Presidents affirmed that the political ties have developed well with high trust, and agreed to set up more mechanisms of reciprocal high-level exchanges and contacts.
They also highly appreciated the lifting of the bilateral ties to comprehensive strategic partnership, which has opened up new opportunities to beef up wide-ranging mutually beneficial cooperation.
Acknowledging that two-way trade has strongly developed in the past year, the two leaders expected that it will reach US$ 4 billion in 2013.
However, they admitted that the economic, commercial and investment cooperation has yet to match the size of their economies and their respective potentials.
Therefore, the two Presidents agreed that both countries should take effective measures to step up the trade and investment cooperation.
The two countries should also coordinate in implementing prioritized investment projects within the Framework of Vietnam Nam-Russia High-level Working Team, and boosting the early signing of a Free Trade Agreement between Vietnam and the Belarus-Kazakhstan-Russia Customs Union.
Both President Sang and his Russian counterpart agreed to enhance cooperation for the building of Ninh Thuan 1 nuclear power plant by using state-of-art technology and ensuring safety, efficiency and quality for the project.
The two sides also pledged to strengthen cooperation in other areas such as mineral exploitation, transport including civil aviation, shipbuilding, manufacturing, communication and telecommunications, combating crime and anti-terrorism.
They also discussed regional and international issues of mutual concern, pledging to strengthen coordination at international forums, including APEC, ARF, EAS, ASEM, and ADMM+.
After the talks, the two leaders witnessed the signing ceremony of 17 cooperative documents on economics, trade, banking, national defense, petrol, healthcare and education. These documents are expected to perfect the legal basis for bilateral cooperation and develop the comprehensive strategic partnership in the coming time.
On the same day, Russian President Putin also had a meeting with General Secretary of the Communist Party of Vietnam Nguyen Phu Trong, during which Trong said Vietnam supports Russia’s positive policy towards countries in the Asia-Pacific region, including Vietnam.
The Party chief also highly valued the efforts of Russia in strengthening peace, security, cooperation and development in the region, including the East Sea.
For his part, President Putin affirmed that his country always attaches much importance to developing the comprehensive strategic partnership with Vietnam, and considers Vietnam as a top prioritized partner in the Asia-Pacific region.
The Russian President left Hanoi on late November 12, concluding his visit to Vietnam.