350 million USD mobilised for agriculture in 2009

The Ministry of Agriculture and Rural Development (MARD) plans to mobilise 350 million USD from outside sources for agricultural development in 2009.

Of the amount, 200 million USD is expected to come from official development assistance (ODA) capital and the rest from foreign direct investment (FDI).

Also in 2009, the MARD will continue negotiations on tariff and non-tariff, agricultural services and building free trade among the Association of Southeast Asian Nations (ASEAN) and the Republic of Korea , India , Japan and Australia with the hope of helping Vietnamese businesses expand its agro-forestry market.

VNA

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