Saturday, 17/10/2009 11:59

Vietnam, Egypt enhance agro-forestry, fisheries cooperation

Almost 100 Vietnamese and Egyptian businesses attended a seminar on boosting agro-forestry and fisheries cooperation between Vietnam and Egypt in Cairo on Oct. 15.

Deputy Minister of Agriculture and Rural Development Diep Kinh Tan said that although Vietnam ’s agro-forestry and fisheries products have made a presence in northern Africa , their market share remains small and fails to meet both countries’ potentials and demand.

With a population of more than 80 million, Egypt is a potential market and a gateway for Vietnam ’s products to enter the Middle East and Africa markets, the deputy minister stressed.

Since penetrating the Egyptian market in 2005, Vietnam ’s seafood exports recorded dramatic increases from 4.4 million USD in 2006 to 20.4 million USD in 2007. The value rose to 33 million USD by August 2009. However, the value of rubber, tea, cashew nuts and other farm products exports remained low.

Earlier, on the morning of Oct. 15, the Vietnamese delegation held a working session with the Egyptian General Department of Fisheries to discuss cooperation possibilities.

Deputy Minister Tan took the occasion to invite his Egyptian counterpart to visit Vietnam to explore its fisheries sector’s quality and technology management.

The Egyptian side asked Vietnam to assist it in training and scientific research, and invest in processing in Egypt.

vietnamplus

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