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Myasnikovich wants better terms for Belarus-Vietnam cooperation

HANOI, 29 November (BelTA) – Prime Minister of Belarus Mikhail Myasnikovich suggested creating more comfortable cooperation terms for Belarusian and Vietnamese companies during an extended meeting with Prime Minister of Vietnam Nguyen Tan Dung, BelTA has learnt.

The Belarusian head of government noted that Belarus-Vietnam relations are gaining momentum; however, new forms of work are needed. He believes that the ongoing official visit of the Belarusian delegation to Vietnam will help create more comfortable conditions for Belarusian and Vietnamese companies.

Nguyen Tan Dung emphasized that he is satisfied with the results of the ongoing talks. “I view this visit as a landmark event in the development of the bilateral relations,” the Vietnamese head of government said.

Vietnam is a traditional trading partner of Belarus in South-East Asia. Over the last five years the bilateral trade soared 3.4 times, the export of Belarusian goods to Vietnam rose 2.6 times. In January-September 2011, the trade amounted to $176.4 million (up two times). The export made $142.8 million (up 2.3 times). Belarus’ major exports to Vietnam are potash fertilizers, machine sets, tractors, heavy-duty dump trucks. Vietnam is an important sales market for BelAZ, MTZ and MAZ. Belarus’ major imports from Vietnam include communication devices, office equipment, seafood, fruit, tea, coffee and other products.