Qatar, Vietnam Agree to Set up US$1 Bln Investment Fund
Qatar and Vietnam have reached a common consensus to establish a US$1 billion investment fund as part of co-efforts to expand bilateral energy, trade, investment, labor and agriculture cooperation, said the government of Vietnam.
The agreement to set up the fund was agreed during the talks between visiting Vietnamese Prime Minister Nguyen Tan Dung and his host counterpart of Qatar Hamad Bin Jasim Bin Jaber al Thani in Doha on March 8.
Hamad Bin Jasim Bin Jaber al Thani noted Dung’s visit will bear fruits and will bring the bilateral ties to new heights while hailing Vietnam’s government efforts to cope with impacts of the global crisis.
After the talks, the two PMs witnessed signing a number of cooperative deals including a double taxation avoidance agreement, a pact on investment encouragement and protection, deals on aviation and agriculture cooperation as well as investment promotion.
The two PMs also agreed to beef up the diplomatic ties by soon signing an agreement on visa exemption for diplomats and state officials.
Accompanying Mr Dung to visit the Middle East countries are Deputy Prime Minister-Foreign Minister Pham Gia Khiem, Ministers of Labor, Natural Resources and Environment, Agriculture and Rural Development, and other sectors.
Two-way trade between Vietnam and Qatar hit US$80 million, doubling 2007’s figure. (
chinhphu.vn)
Vietnamese
