Saturday, October 8, 2011

Vietnam and Phillipines work on bilateral cooperation


Philstar.com: Updated October 07, 2011 11:45 PM 


HANOI (Xinhua) - Vietnamese Minister of Foreign Affairs, Pham Binh Minh, and his Philippine counterpart Albert F. Del Rosario, co-chaired the 6th meeting of the Vietnam-Philippines Joint Committee for Bilateral Cooperation here on Friday.
The two sides reviewed and evaluated results from the implementations of the agreements approved at the 5th meeting held in the Philippines in February 2008 and the Vietnam-Philippines Plan of Actions during 2007-2010.
They also set forth measures to promote cooperation in some concrete fields in the coming time, including the signing of the Vietnam-Philippines Plan of Actions for 2011-2016 aimed at further deploying the "Joint Declaration on the Framework of Bilateral Cooperation in the first 25 years of the 21st century and years to come".
Both sides were pleased at the fine development of their friendly relations and comprehensive cooperation after 35 years of official diplomatic ties. They highly evaluated the recent visit to Vietnam by Philippine President Benigno S. Aquino III, and the on-going visit by Philippine Foreign Affairs Secretary Albert F. Del Rosario, and agreed to continue the exchange of both sides' high-ranking visits and those at different levels.
The two sides agreed to soon establish the Vietnam-Philippines and the Philippines-Vietnam Friendship Parliamentary Groups aimed at enhancing relations and cooperation between the two parliaments.
Measures were set forth to promote cooperation in various fields including economic, trade, investment, security and defense, maritime, agriculture, forestry and seafood, energy security, culture and tourism, training and education, and sciences and technologies.
The two sides agreed to boost two-way trade turnover to reach $3 billion by 2016.
Both sides also exchanged views on regional and international issues of mutual concern.                     The two sides agreed to hold the 7th meeting in the Philippines in 2013.
On the same day, Vietnamese President Truong Tan Sang received Albert F. Del Rosario at the Presidential Palace in Hanoi.

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