Oct 6, 2016, 11:38 AM

Iran, Vietnam to quintuple trade volume

Iran, Vietnam to quintuple trade volume

TEHRAN, Oct. 06 (MNA) – President Rouhani of Iran and President Quang of Vietnam on Thursday morning in Hanoi agreed to increase the volume of bilateral trade to fivefold the current volume.

President Hassan Rouhani of the Islamic Republic of Iran and Trần Đại Quang, the President of the Socialist Republic of Vietnam met early on Thursday in Vietnamese capital city of Hanoi.

Being warmly welcomed by his Vietnamese counterpart, President Rouhani reviewed the guard of honor with Mr. Quang during a welcoming ceremony at the Presidential Palace in Hanoi.

After the first round of the talks between the two presidents two agreements to expand communication cooperation were signed. The first one to waiver visas for select nationals at service was signed by the foreign ministers of Iran and Vietnam. The second agreement was signed by Iranian Communications and Information Technology Minister, Mahmoud Vaezi, and his Vietnamese counterpart.

Following the signing ceremony, the two presidents told the media that they have agreed to do their best to realize the agreements.

“Iranian people know Vietnamese as resistant, persistent in war with interferers, pro-independence, hard-working, pro-development, and pro-peace people,” said President Rouhani after voicing gratitude for the hospitality of the Vietnamese government and nation.

Saying that the two nations are eager to develop old ties which serve as a good ground for more developments, Mr. Rouhani described the brokered agreements as good deals.

“Hanoi supports Iranian President’s idea of the world without violence and extremism (WAVE),” said Trần Đại Quang, the President of the Socialist Republic of Vietnam for his part after the meeting, highlighting that the two parts shared the same stance toward many cultural, political, and economic issues.

He also called for more bilateral cooperation in areas of petrochemical industries which he held Iran has a good command of engineering and expertise on.

YNG/3788755

News ID 120317

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