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Vietnam, Iran to enhance bilateral trade

The Saigon Times

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HCMC – Vietnam and Iran have agreed to further boost bilateral trade, particularly by facilitating the entry of their key products into each other’s market.

National Assembly (NA) Chairman Vuong Dinh Hue held talks on August 8 with Speaker of the Iranian Parliament Mohammad Baqer Qalibaf during his official visit to Iran.

Hue suggested that Iran increase its imports of agricultural products from Vietnam, including rice, tea, black pepper, coffee and rubber. He also emphasized Vietnam’s readiness to support Iran’s export of dried and fresh fruits.

Both sides reached an agreement to collaborate on producing goods in accordance with Halal standards.

The two leaders also concurred on measures to enhance the efficiency of bilateral cooperation across various domains, including cultural and artistic exchanges.

Vietnam and Iran will strengthen connectivity between businesses in both countries as well as enhance customs cooperation to facilitate the entry of each country’s key products into the other’s market.

Ghalibaf said that Iranian businesses are increasingly interested in the Vietnamese market and want to enhance cooperation. Both sides also discussed various measures to promote cooperation in potential fields such as science and technology, digital transformation, education and training, student exchanges, and tourism.

Subsequent to the talks, they formalized their commitment by signing a memorandum of understanding on cooperation between the legislative bodies of both nations.

NA Chairman Vuong Dinh Hue is currently on an official visit to Iran at the invitation of Speaker of the Iranian Parliament Mohammad Baqer Qalibaf. This visit coincides with the 50th anniversary of the establishment of diplomatic relations between the two countries.

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