Vietnam, Uganda boost bilateral free trade
The visit of Ugandan President would open a new development phase for the two countries amid the upcoming 50th anniversary of diplomatic relations (1973-2023).
Vietnam and Uganda have agreed to work on a bilateral free trade agreement, investment protection, and facilitation to facilitate economic cooperation between Vietnam and Uganda.
The view was shared by top leaders of Vietnam and Ugandan President and Chairman of the National Resistance Movement (NRM) Yoweri Kaguta Museveni at separate meetings held in Hanoi on November 24.
|General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong and Ugandan President and Chairman of the National Resistance Movement (NRM) Yoweri Kaguta Museveni. Photos: VNA|
General Secretary of the Communist Party of Vietnam (CPV) Nguyen Phu Trong welcomed President Museveni's visit to Vietnam, saying it would open a new development phase between the two parties and countries amid the upcoming 50th anniversary of diplomatic relations (1973-2023).
Trong congratulated Uganda’s achievements in the development process and expressed his belief that the country, under the leadership of the NRM and the president, would maintain a peaceful and stable environment for further growth.
He said Vietnam remains steadfast in pursuing an independent foreign policy for peace, self-reliance, and development, striving to be a credible and responsible international community partner.
"Vietnam continues to prioritize relations with African countries in general, and Uganda in particular, which supported each other's struggle for national independence and complemented one another in socio-economic development," he said.
Such close cooperation would contribute to the rising status of developing countries on the global stage,” he added.
President Museveni highly regarded the CPV's leadership role in Vietnam’s independence and development.
He expected both countries to continue strengthening the relations and take the cooperation to a new height.
Bolstering economic cooperation a priority
|Prime Minister Pham Minh Chinh and Uganda President Yoweri Kaguta Museveni.|
Chinh also noted the necessity for both to facilitate bilateral trade and promoting investment activities, particularly as each serves as the gateway to their respective regional markets of ASEAN and East Africa.
He welcomed the preliminary results of investment cooperation between Vietnam and Uganda, particularly in the mining and construction activities, with total investment capital of nearly US$40 million.
With agriculture seen as a major pillar in bilateral cooperation, Chinh expected both sides to improve efficiency for sustainable national food security while taking measures to boost cooperation in training-education, IT, defense, security, healthcare, and culture-sports.
President Museveni expressed his deep impression of Vietnam’s socio-economic achievements over the years and the country’s rising status in multilateral platforms, especially the UN.
Museveni expected Vietnam as a member of the UN’s Human Rights Council for 2023-2025, would significantly contribute to peace, stability, and maintaining human rights worldwide.
He said that Uganda prioritized its relations with Vietnam and shared Chinh's view of further boosting trade, investment, and agriculture cooperation.
- Thailand, Vietnam urged to be more proactive in new int’l challenges
- Cuc Phuong National Park: Typical model for conservation in Vietnam
- National Assembly Chairman’s visit to Australia: Enhance strategic partnership
- Vietnam, Australia vow to upgrade relations
- Australia, Vietnam hold 1st Defense Ministers Meeting in Hanoi
- Vietnam, Uganda boost bilateral free trade
- Vietnam hopes for a world of peace, fairness and sustainability
- Corruption harms Vietnam’s apparatus: Party Chief
- Vietnam calls for APEC members to overcome differences for prosperity
- US launches $11 million environment protection project for Vietnam
Hanoi seeks cooperation with ASEAN cities for shared prosperity
MICHELIN Guide to feature Vietnam gastronomy for 1st time
WHO, FAO encourage people to take action for a healthier and safer Vietnam
Untold story of an ancient village in the heart of Hanoi
Vietnamese Gov’t to divest state capital at 141 businesses until 2025
Green growth an inevitable trend for Vietnam: PM
It's imperative for Hanoi to develop public transport: Experts
Calligraphy exhibition praises traditional cultural beauty of the nation
Australia funds electric vehicle infrastructure in Vietnam