26/02/2005 00:00 GMT+7 Email Print Like 0

Vietnam-China:
Promote economic cooperation

After the official visit to Vietnam by Chinese Premier Wen Jiabao, the two governments issued a joint communiqué, clearly pointing out that the two governments were pleased when witnessing the China-Vietnam relations to develop quickly, comprehensively and deeply under the motto of 16 scripts “friendly neighborliness, comprehensive cooperation, long-term stability and future-oriented thinking”.


Prime Minister Phan Van Khai (left) and his Chinese counterpartnbsp;Wen Jiabao reviewing the Vietnamese Guard of Honour.

After the official visit to Vietnam by Chinese Premier Wen Jiabao, the two governments issued a joint communiqué, clearly pointing out that the two governments were pleased when witnessing the China-Vietnam relations to develop quickly, comprehensively and deeply under the motto of 16 scripts “friendly neighborliness, comprehensive cooperation, long-term stability and future-oriented thinking”. The two sides showed their determination to continue pursuing the motto and bringing into full play the traditional friendship, expanding cooperation of mutual benefit, resolving appreciably sensitive issues and lifting China-Vietnam relations to a new height. The two leaders also agreed to continue promoting high-level meetings and exchange between industries, sectors and localities, and strengthening the mutual understanding, reliability and comprehensive cooperation in economy and commerce. They also agreed to expand trade in large commodities and ensure the two-way trade turnover continually increases, reaching the target of USD 10 billion by 2010, actively exchanging views on the feasibility of the economic corridors ofnbsp; “Kunming - Lao Cai – Hanoi – Haiphong – Quang Ninh”, “Nanning – Lang Son – Hanoi – Haiphong – Quang Ninh” and the economic belt around the Tonkin Gulf.nbsp;

On the occasion, Prime Minister Phan Van Khai and his Chinese counterpart Wen Jiabao witnessed the signing of eight important documents, including a treaty on economic and technological cooperation, an agreement on inspection and quarantine cooperation for imported and exported sea food products, another agreement to build an elevated train line in Hanoi, two memorandum of understanding -- one to establish a specialists’ group for technological and economic cooperation and the other to affirm China’s cooperation in building a coal-fuelled nitrogen fertilizer plant in Ninh Binh Province; a letter of exchange regarding Vietnam’s not applying three non-beneficial provisions that China was forced to accept for its accession into the WTO, and two protocols -- one on the quarantine of Vietnam’s rice exported to China and the other on the amendments to the existing treaty on medical quarantines along the Vietnamese-Sino border.

By Hoang Chuong

Others