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Morocco trade targeted at $100m
Viet Nam and Morocco agreed to raise bilateral trade to US$100 million by 2012 during a two-day meeting of the Viet Nam-Morocco Joint Committee and the third political consultation between the two foreign ministries which ended yesterday in Ha Noi.
Both sides stressed the need to increase the exchange of delegations at all levels and to work closely together and provide mutual support at regional and international forums. They also highlighted the importance of promoting co-operation in economics, education, culture, tourism and transport.
In addition, the two parties agreed on the early inking of agreements on investment encouragement and protection, and tourism co-operation which would create a legal basis for long-term co-operation between Viet Nam and Morocco.
Deputy Foreign Minister Doan Xuan Hung, Head of the Vietnamese subcommittee, said the Government and people of Viet Nam treasured their traditional friendship and multifaceted co-operation in political, economic, trade and education areas with African countries, including Morocco.
To maintain the mechanism for co-operation with African countries, the Government of Viet Nam had held the second Viet Nam-Africa international workshop in August 2010, Hung said.
That move reflected the political will and resolve of the Vietnamese leaders and people in promoting co-operation with Africa, including Morocco, he said.
Hung added that Viet Nam placed a high value on Morocco's positive role in regional integration initiatives, before stressing that in its role as one of founding members of the World Trade Organisation (WTO), Morocco would continue to support, help and protect developing countries.
Moroccan Secretary of State for Foreign Affairs and Cooperation Latifa Akharbach congratulated Viet Nam on its successful organisation of the 11th National Party Congress and the election of 13th National Assembly.
She praised Viet Nam's socio-economic achievements and expressed her wish for deeper friendship and increased multifaceted co-operation with the Southeast Asian nation.
The two head delegates also discussed regional and international issues of common concern and signed the minutes of the second Viet Nam-Morocco Joint Committee meeting.
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