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South Africa and Vietnam to strengthen partnership

19 June 2015


Pretoria - International Relations and Cooperation Deputy Minister Nomaindiya Mfeketo will co-chair the 3rd meeting of the South Africa-Vietnam Partnership Forum, which will focus on maximising bilateral relations between the two countries.

The meeting, scheduled for Friday, will be co-chaired by the Deputy Minister's counterpart of the Socialist Republic of Vietnam, Le Luong Minh, in Hanoi.

“During the meeting, bilateral discussions between the two delegations will focus on political and security matters of common concern, issues related to environmental affairs, including cooperation in the areas of forestry resources and biodiversity protection and promotion, cooperation in the field of justice and increased trade and investment between the two countries,” the department said on Thursday.

The meeting follows on the 2nd meeting of the Forum held in Pretoria, in August 2012, which among others reviewed the scope of bilateral relations and reaffirmed the excellent relations and friendship that exist between South Africa and Vietnam.

With South Africa and Vietnam both developing countries, the two can learn from each other's experiences and successes. Their relationship is longstanding and goes back many years before the formal establishment of diplomatic relations in December 1993.

Since the formal establishment of relations between the two countries, a solid bilateral relationship has developed between South Africa and Vietnam, characterised by strong government-to-government relations that include cooperation at many levels, bilateral as well as multilateral.

Total trade between South Africa and Vietnam has grown substantially over the past five years and amounted to R13.4 billion in 2014, more than three times the total of R3.9 billion in 2011.

However, there remains considerable potential for increased economic exchanges with Vietnam, one of the fastest growing economies in the world which has halved poverty over the past 20 years.

According to Dirco, this is one of the main focus areas of the activities of the Partnership Forum.

SAnews.gov.za

 


 
 
 
 
 
 
 
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