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Vietnam, Timor Leste to foster ties in energy

Vietnam and Timor Leste have agreed to enhance ties in politics, economics-trade-investment, agriculture-forestry-fisheries, energy, information-communications, and education and training.
Vietnam and Timor Leste have agreed to enhance ties in politics,economics-trade-investment, agriculture-forestry-fisheries, energy,information-communications, and education and training.

Theagreement was reached at the talks between Prime Minister Nguyen TanDung and his Timor Leste counterpart Kay Rala Xanana Gusmão in Hanoi onSeptember 4. The talks took place following a welcome ceremony on themorning of the same day.

The two PMs shared the view thatrelevant ministries and departments will work together to promptly signan agreement on investment encouragement and protection, ensure foodsecurity and promote links in oil and gas, tourism and people-to-peopleexchange.

They agreed that the two nations will activelyimplement the Vietnam-Timor Leste Framework Agreement on Economic andTechnical Cooperation signed in April, 2010 and hold the first sessionof the Inter-Governmental Committee to discuss concrete cooperativesteps.

The leaders hailed the signing of the trade agreementbetween the two Governments during the visit, saying that it will lay animportant legal foundation for bilateral economic and trade links.

Discussing regional and global issues of mutual interest, both sidesvowed to continue working closely at multilateral forums andorganisations.

Vietnam will actively work with ASEAN member countries to back Timor Leste’s bid to join the grouping, PM Dung noted.

Moving on to the East Sea issue, they agreed on the need to ensuremaritime security and safety, and peace and stability in the region aswell.

PM Gusmão expressed his support to ASEAN’s stance which is made clear in its Six-Point Principles on the East Sea.

Following the talks, both host and guest witnessed the signing of a trade agreement between the two Governments.

At a press briefing later, PM Dung stressed that the visit is animportant milestone in the history of Vietnam-Timor Leste ties and givesan impetus to their friendship and all-around cooperation.

The Timor Leste PM said he wishes both countries will further cooperation in fields of their strength.

He also promised to make it easier for Vietnamese firms to do business in the long term in his country.-VNA

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