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Room to expand Vietnam’s economic ties with Macedonia

HA NOI (VNS)— President Truong Tan Sang called on Viet Nam and Macedonia to expand commercial and economic co-operation while receiving Nokola Poposki, Macedonia's Foreign Minister yesterday.During the meeting, Sang said both countries could work closer together in these areas to reach their fullest potentials.

The two countries signed an economic and commercial co-operation agreement in 2005, however, bilateral economic and trade exchanges remain low at between US$1-2 million per year.

Sang also called on Macedonia's support for Viet Nam's candidacy for various United Nations' offices.

Poposki said both sides are working on numerous agreements in culture, economies, education, investment protection and mitigating tax evasion.

He said Macedonia would continue working with countries including Viet Nam on investment co-operation. He said his country would also work to support more Vietnamese students studying science and technology in Macedonia.

He extended the invitation of Macedonian President Gjorgje Ivanov to Sang for a future visit.

Earlier, he also met with Vietnamese Foreign Minister Pham Binh Minh. Both sides agreed that further jobs should be done to promote relations in economic-commerce and establishing direct relations between the two countries' firms.

Viet Nam said it would work on helping Macedonian goods to penetrate ASEAN's markets and Macedonia, in return, would assist Viet Nam in bringing its export products such as rice or coffee into the Balkan region. — VNS


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