Russia treasures strategic partnership with Vietnam in new context

Russia attaches great importance to its strategic partnership with Vietnam in the new context, a spokesperson for the Russian Foreign Ministry has affirmed.
March 03, 2021 | 09:17
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Maria Zakharova said on March 1 that the statement on the Vietnam-Russia strategic partnership is a clear and tangible confirmation of the aspirations of both countries’ people in gradually strengthening their time-honored tradition of friendship and cooperation for mutual benefit.

The signing of this historical document is the logical result of decades of fruitful cooperation between our countries in many fields and demonstrates our determination to expand bilateral relations in new historical conditions, she noted.

As reported by VOV, Vietnam and Russia marked the 20th anniversary of the signing of their statement on their strategic partnership on March 1.

Russia treasures strategic partnership with Vietnam in new context
Russian Foreign Ministry spokesperson Maria Zakharova. Photo: TASS.

According to the spokesperson, the Vietnam-Russia strategic partnership has achieved impressive results during the past 20 years through high-level political dialogues and reciprocal visits by the two countries’ top leaders. Bilateral cooperation in trade, economics, military and military engineering, science-technology, and humanitarian cooperation has been given a boost.

New cooperation mechanisms developed in recent times have helped foster effective interactions in addressing current affairs of bilateral agenda and closely coordinating action on the international arena. On that basis, the two countries agreed to establish their comprehensive strategic partnership in 2012.

Russia treasures strategic partnership with Vietnam in new context

Zakharova also highlighted the strong support and mutual assistance of the two counties in the fight against COVID-19, saying both sides have shared experience, held consultations and provided necessary assistance in order to control this dangerous disease.

Despite fundamental changes in the entire international relations system, the Comprehensive Strategic Partnership between Vietnam and Russia, based on effective cooperation, is an important element of Russia’s foreign policy in the Asia-Pacific region, stressed spokesperson Zakharova.

Russia treasures strategic partnership with Vietnam in new context
President of the Vietnam Union of Friendship Organisations Nguyen Phuong Nga presents the “For peace and friendship among nations” insignia to Russian Ambassador to Vietnam Konstantin Vnukov. Photo: VNA.

On this occasion, the Russian state news agency TASS made an interview with the Russian Ambassador to Vietnam Konstantin Vnukov, who emphasized that bilateral relations have yielded great success during the past two decades.

Russia appreciates the achievements the two countries have obtained in trade and economics, especially after the Free Trade Agreement between the Eurasian Economic Union (EAEU) and Vietnam took effect in 2016, said Ambassador Vnukov.

According to the diplomat, the enforcement of the agreement has helped raise Vietnam-Russia trade to US$5.7 billion by 2020, despite the impact of the COVID-19 pandemic.

He singled out oil and gas as a potential area of cooperation between the two countries, saying joint venture firms such as Vietsovpetro, Rusvietpetro, Gazpromviet, and Vietgazprom, have operated efficiently over the years, bringing significant economic benefits for both Russia and Vietnam.

Vietnam and Russia should take measures to soon lift the annual bilateral trade to 10 billion USD, Prime Minister Nguyen Xuan Phuc said during his reception in Hanoi for Russia Ambassador to Vietnam Konstantin Vnukov on November 11, the Vietnam News Agency reported.

Vietnam and Russia enjoy a high level of political trust and regular exchanges of delegation, particularly at the high level, the leader said, adding that economic cooperation between the two nations has seen positive progress over recent years, with two-way trade growing to 4.5 billion USD in 2019 from 2.5 billion USD in 2014.

Despite the adverse impact of COVID-19, the bilateral trade rose by nearly 10 percent in the first nine months of last year.

The leader went on to say the two countries should further beef up ties in economy, trade, security, and defense, and that they need to remove barriers to pave the way for the expansion of cooperation.

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