 |
| Overview of the 12th Session of the Vietnam-Algeria Intergovernmental Committee (ICC), October 16. (Photo: Van Chi) |
Also attending the opening ceremony were Algerian Ambassador to Vietnam Abdelhamid Boubazine; representatives of ministries, sectors and enterprises of the two countries.
Speaking at the ceremony, Minister of Construction Nguyen Thanh Nghi emphasized that this session is of great significance, contributing to promoting multifaceted cooperation and strengthening friendship between the two countries. Although Vietnam and Algeria are geographically distant, the two countries are always connected by historical similarities and a common aspiration for peace, national independence, and building a prosperous and happy country.
"Vietnam has been and continues to effectively implement the "Three strategic breakthroughs" in institutional reform, infrastructure development and improving the quality of human resources; focusing on renewing the growth model based on science - technology and innovation; promoting human resources; actively implementing digital transformation and green transformation, towards the goal of zero net emissions by 2050 and becoming a high-income developed country by 2045," Minister Nguyen Thanh Nghi informed.
 |
| According to Minister Nguyen Thanh Nghi, investment cooperation in the oil and gas sector is a bright spot in economic relations between the two countries. (Photo: Van Chi) |
According to Minister Nguyen Thanh Nghi, Algeria has always been an important partner of Vietnam in the African market and is the fourth largest export market of Vietnam in Africa. Due to the impact of the Covid-19 pandemic and many objective factors, the two-way trade turnover in 2022 reached 144.2 million USD; of which Vietnam mainly exported 141 million USD and imported 3.2 million USD from Algeria.
Investment cooperation in the oil and gas sector is a bright spot in the economic relations between the two countries. The joint venture for oil and gas exploration and exploitation in Algeria between the Vietnam Oil and Gas Exploration and Production Corporation (PVEP) and its partners Sonatrach Algeria and PTTEP Thailand is effectively implementing and continuing to implement phase 2 of the project.
Along with that, cooperation in the fields of agriculture, seafood, information and communication, tourism, etc. is strengthened and developed. In addition to cooperation between ministries and branches, the signing of a cooperation and twinning agreement between Dien Bien province of Vietnam and Batna province of Algeria in August 2023 also contributes to promoting diverse cooperation between the two countries.
Minister Nguyen Thanh Nghi suggested that the two sides focus on discussing and agreeing on a number of key issues that need to promote cooperation in areas such as: trade exchange (agricultural and aquatic products, consumer goods), oil and gas, agriculture, information and communication, tourism, construction, etc.
Regarding the proposals for new cooperation agreements, the Vietnamese side has received draft cooperation agreements in the fields of health, education, vocational training, tourism, sports, energy, investment, etc. proposed by the Algerian side. Relevant Vietnamese ministries and sectors are currently conducting research and will discuss specifically with Algerian partners within the framework of the Session to clearly identify potential cooperation contents that both sides are interested in, moving towards signing cooperation agreements at an appropriate time.
 |
| Algerian Minister of Industry and Pharmaceutical Production Ali Aoun emphasized that Vietnam is Algeria's important economic partner in Asia. (Photo: Van Chi) |
On the Algerian side, Minister of Industry and Pharmaceutical Production Ali Aoun affirmed that over the past 60 years, the traditional friendly and cooperative relationship between Vietnam and Algeria has been continuously preserved and nurtured, achieving many positive results in many fields.
Minister Ali Aoun emphasized the mutually beneficial cooperation and that Vietnam is Algeria's important economic partner in Asia. Over the past time, Vietnam and Algeria have always tried to promote trade turnover between the two sides, making necessary efforts in areas that are the development strengths of both sides.
Algeria wishes to continue developing economic relations with Vietnam on the basis of developing trade cooperation; promoting economic exchanges, import-export trade turnover; having new investment and construction projects...
 |
| Delegates attending the meeting took a souvenir photo. (Photo: Van Chi) |
Minister Ali Aoun expressed that this session is an opportunity for representatives of ministries and sectors of the two countries to exchange, discuss, propose solutions and necessary resources to promote the re-cooperation program and diversify cooperation activities between the two sides.
The two Ministers also affirmed that the organization of the 12th Meeting of the Vietnam-Algeria Joint Committee on Cooperation once again demonstrated their determination to bring the cooperative relationship between the two sides to a new height.
The 12th meeting of the Vietnam-Algeria Intergovernmental Committee is scheduled to close on October 18.
Source
Comment (0)