RP, Vietnam agree to strengthen bilateral and trade relations
President Gloria Macapagal-Arroyo and Vietnam Prime Minister Nguyen Tan Dung agreed to strengthen cooperation and bilateral ties. Talks were made during the 20th ASEAN-ROK Commemorative Summit held at the Shilla Hotel. Among the cooperation agreements reached by the two leaders included trade in rice and fostering peace and security in the South China Sea.
Vietnam also committed its support for the Philippine’s candidate to the United Nations and other regional fora.
On trade, import and export between the two countries have exceeded earlier targets set for 2010.
“Total trade between the Philippines and Vietnam is over $2.2-billion so we’ve surpassed the target we set for 2010…which is $2-billion,” Foreign Affairs Undersecretary for Policy Enrique Manalo said. (PIA-MMIO)
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