Vietnam - Argentina's most important market in ASEAN: Official
Vietnam is the most important market of Argentina in the Association of Southeast Asian Nations (ASEAN), said the Secretary of Agriculture, Livestock and Fisheries of Argentina, Fernando Vilella.
Buenos Aires (VNA)ඣ – Vietnam is the most importantmarket of Argentina in the Association of Southeast Asian Nations (ASEAN), saidthe Secretary of Agriculture, Livestock and Fisheries of Argentina, FernandoVilella.
Speaking to a Vietnam News Agency reporter on the sidelinesof the 2024 Argentina Agricultural Exhibition Expoagro in Buenos Aires, theofficial said that Vietnam is also a key market in Argentina's trade development strategy. He emphasised that Vietnam is an important trade partner anda major customer of Argentina's agricultural industry as Vietnam is one of theleading soybeans/corn importers of Argentina. He also expressed his wish for stronger trade cooperation between Argentina and Vietnam, including the exchange ofhigh-quality products and the import of Vietnamese goods. Meanwhile, agricultural engineer Mariano Winograd said he is participating in a project on cooperation between Vietnam and Argentina in aquaculture, adding that a group of Vietnamese agricultural experts will arrive in Argentina next month to implement a cooperation project withthe northern province of Misiones in growing dragon fruit, citrus, and guava. Eduardo Larocreus, a member of the bioeconomy advisory boardunder the Ministry of Economy of Argentina, expressed his desire to exchange experiences, knowledge and technology for peri-urbanbioeconomy development with Vietnam, towards sustainable development andenvironmental protection. Argentina is one of Vietnam's leading partners in theAmericas. In the 2007 – 2022 period, bilateral trade increased nearly 13 times, from 378 million USD to 4.88 billion USD,making Argentina the 5th largest trading partner of Vietnam in the Americas.Meanwhile, Vietnam is Argentina's 6th largest trading partner. Argentina iscurrently one of the leading suppliers of corn and animal feed to Vietnam. Agricultural products make up 92% of Vietnam's import value from Argentina. Vietnam's main exports to Argentina include phonesand components; computers, electronic products and components; footwear;machinery, equipment, spare parts; raw materials and accessories for garment-textiles andfootwear./.
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