During their meeting in Hanoi on July 13th, the Prime Minister said Vietnam wants to further enhance its fruitful relationship with Algeria, urging the two sides to fulfill their joint commitments and intensify their exchange of high-level delegations. Vietnam and Algeria should continue to step up the implementation of those contents reached at the 11th meeting of the Inter-Governmental Committee in November 2017, PM Nguyen Xuan Phuc suggested. Prime Minister Nguyen Xuan Phuc (right) and Algerian Foreign Minister Abdelkader Messahel (Source: VNA) Vietnam welcomes the consensus reached by agencies of both sides on the formation of the Business Council, as well as their resolve to continue with the negotiations on investment promotion and double taxation avoidance agreements, he noted.The PM called for joint efforts in order to raise the bilateral trade revenue to USD1 billion in 2020, saying businesses and business associations play an important role in this regard. Vietnam attaches importance to enterprises and their role as drivers of bilateral economic and trade links, he added. Lauding the successes of the Bir Seba oil and gas joint venture between the two countries, PM Nguyen Xuan Phuc expressed his hope that Algeria will create more favourable conditions for the company to operate successfully, especially in terms of administrative procedures. Vietnam backs Algeria’s joining the World Trade Organisation (WTO) and stands ready to dispatch officials and experts to help the country in this field, he said. For his part, A. Messahel said his visit aims to boost cooperation between Vietnam and… [Read full story]
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