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Deputy PM’s visit to Venezuela helps promote economic cooperation: Latin American scholar

VGP - The visit to Venezuela by Deputy Prime Minister Tran Luu Quang offers an opportunity to create breakthroughs for economic and investment cooperation between the two countries, said Ruvislei González Sáez, one of the leading research experts on Viet Nam in Latin America.

Posts Thuy Duong

April 17, 2024 4:37 PM GMT+7
Deputy PM’s visit to Venezuela helps promote economic cooperation: Latin American scholar- Ảnh 1.

Deputy Prime Minister Tran Luu Quang - Photo: VNA

The Cuban international policy researcher stressed that this is one of the most essential visits by a Vietnamese government delegation to the South American country in recent years, demonstrating the sustainable development of bilateral relations, especially as the two countries are preparing to mark the 35th anniversary of bilateral diplomatic ties (December 18, 1989 - 2024).

According to the scholar, the two countries have held numerous high-level meetings this year to remove bottlenecks and promote economic and investment cooperation.

The Deputy PM’s visit will help strengthen relations between the two governments and create a chance for the two sides to discuss new projects for the future.

The senior researcher at the Cuban Centre for International Policy Research said that Viet Nam and Venezuela are striving to reinvigorate the intergovernmental committee mechanism and promote various other initiatives within the bilateral and multilateral agendas framework.

Venezuela has shown its desire to expand relations with the Association of Southeast Asian Nations (ASEAN), particularly expressing interest in joining the Treaty of Amity and Cooperation in Southeast Asia (TAC), the scholar said, stressing that Viet Nam plays a crucial role in realizing this goal.

International policy experts believe that Viet Nam is essential in achieving this goal.

Dr González Sáez said that the political relationship between Viet Nam and Venezuela is excellent, but from an economic perspective, there is still much untapped potential.

Both sides have enormous political will to continue strengthening trade and investment ties. In recent years, bilateral cooperation in agriculture has achieved much progress./.