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Vietnam promotes economic cooperation with Uruguay

Buenos Aires, July 26 (VNA) – Representatives from the Embassy of Vietnam in Argentina and Uruguay and the National Chamber of Commerce and Service of Uruguay held a working session on July 25 on ways to boost economic and trade ties between the two countries.

At the meeting, participants discussed a programme to connect the two countries’ enterprises during a Vietnamese business delegation visit to Argentina scheduled for next August.

A wide range of Vietnamese products for export and the country’s import demands were also introduced.

On the occasion, the embassy’s representatives also held a meeting with officials from the Chamber of Commerce of the Southern Common Market (Mercosur) and the Association of Southeast Asian Nations (ASEAN).

The two sides exchanged views on a plan to implement the agreements reached with Vietnamese enterprises during teh Chamber delegation’s visit to Vietnam, Indonesia, the Philippines and Singapore earlier this month.

The Mercosur-ASEAN Chamber of Commerce was established in June to promote economic, trade and investment cooperation between the two blocs.

Bilateral trade between Vietnam and Uruguay reached 124 million USD last year, of which Vietnam’s exports were valued at 41 million USD.

In the first five months of this year, Vietnam exported goods worth 11 million USD to the southern American country with 25 million USD in imports.

Vietnam exported sports footwear, electronics and marine products to Uruguay, and imported leather, material wood, cereals, beef and cotton.
VNA/VNP


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