Wed. Apr 8th, 2020

Raúl Castro and senior Vietnam official share socialist experiences



The leader of the Communist Party of Cuba (PCC, the only legal), Raúl Castro, and the member of the Politburo of Vietnam, Hoang Trung Hai, spoke on Friday in Havana about the experiences in the application of socialism in their respective countries.

Castro and the senior Vietnamese Communist Party spoke in "a friendly climate about the historical and excellent relations that exist between the peoples, parties and governments of both countries," state media reported on the island.

During Hoang's work visit to the country he also held meetings with President Miguel Díaz-Canel and the second secretary of the PCC ruler, José Ramón Machado Ventura.

These exchanges have coincided this week with the XXXVII session of the intergovernmental commission concluded on Thursday in the Vietnamese capital, where representatives of Havana and Hanoi discussed their possibilities to boost bilateral trade.

As a result of that meeting, the island's Minister of Foreign Trade and Foreign Investment, Rodrigo Malmierca, and the Vietnamese Construction Minister, Pham Hong Ha, signed a protocol that formalized the areas of cooperation between both parties, according to the Cuban Foreign Ministry.

Malmierca and Hong Ha agreed on the need to strengthen economic and commercial relations to raise them to the level of political identity and to pay "special attention" to the implementation of the trade agreement signed in 2018 and update the bilateral economic agenda for the period 2020-2025.

They also agreed to "energize" investment projects with Vietnamese capital in the process of execution on the island and continue promoting cooperation in the agri-food sector and scientific-technical collaboration.

Prior to the negotiations, expert groups met to assess the possibilities of exchange in the sectors of industry, commerce, construction, banking, finance, investments, transportation, communication, education, culture, sports, tourism, agriculture, fisheries, science, technology , biotechnology and health.

Cuba and Vietnam maintain frequent exchanges and visits of representatives to the Indochinese country and the island.

Last July, the Vice President of Vietnam, Dang Thi Ngoc Thinh, was in Havana, and former Deputy Prime Minister and Foreign Minister Phan Binh Minh had previously traveled to Cuba last May, and both visitors were received by the leader of the Cuban PC, Raul Castro, and President Díaz-Canel.

On that occasion, an inter-chancellory agreement was signed for the period 2020-2022 in order to strengthen the political dialogue on issues of interest in the bilateral and multilateral sphere.

Representatives of the Governments of Cuba and Vietnam have expressed their intention to double their trade exchange figures.

In addition to an ideological ally, the Asian country is the second largest trading partner of the island in Asia – just behind China – with bilateral exchanges that in 2018 amounted to about 340 million dollars with the official projection that they can rise to 500 million dollars in the year 2022.

Vietnam exports coal, chemical products, textiles and electronic elements and rice to Cuba, where it also executes a program to increase the production of this high-consumption cereal on the island, which in turn sends mainly pharmaceutical products to the Asian country.

. (tagsToTranslate) Raul (t) Castro (t) Vietnam (t) socialist (t) experiences



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