VINACHEM

Officials met in Ho Chi Minh City on July 28 to discuss measures for long-term relations between business circles of Vietnam and Uzbekistan after viewing the current level of trade as “modest”.

Deputy Minister of Industry and Trade Nguyen Cam Tu and Uzbek First Deputy Minister of External Economic Affairs, Investment and Trade N. Nazhimov, were leading delegations from Vietnam and Uzbekistan, respectively, at the meeting.

Host and guest shared a view that the two countries should speed up trade promotion and help business circles to conduct feasibility studies in each other’s markets and develop economic cooperative ties.

These steps are necessary to boost trade revenues from the current level of just 7.9 million USD in 2009, they said, acknowledging that trade relations stayed below the potential and expectation of the two countries.

The Vietnamese head delegate said a Vietnamese business mission would pay a field trip to Uzbekistan in October.

The meeting was part of a working session for the Vietnam-Uzbekistan Intergovernmental Committee on Economic, Trade, Scientific and Technological Cooperation./.

(Source: en.vietnamplus.vn)