Source Pravda.Ru

Russian, Vietnamese leaders discuss ways to expand economic ties

Russian President Vladimir Putin and Vietnamese President Tran Duc Luong on Saturday conferred over ways to develop economic ties between the Soviet-era allies.

During their meeting on the sidelines of the Asia-Pacific Economic Cooperation summit in Busan, Putin told Luong that Moscow considered relations with Vietnam one of its foreign policy priorities.

"It is very pleasant to see the development of trade and economic ties," he said, adding that bilateral trade was likely to reach US$1 billion this year.

Luong responded that "the Vietnamese people have special feeling toward the people of Russia and regard them as the closest friend."

The Soviet Union built numerous industrial facilities in Communist Vietnam, including a major hydroelectric plant and offshore oil exploration facilities.

Putin visited Vietnam in 2001 to revive ties, which had been weakened by the Kremlin's lack of interest in its former key ally in southeast Asia after the 1991 Soviet collapse. During that visit, the two countries signed an agreement on strategic cooperation, reuniting Hanoi with its former top benefactor.

Russia and Vietnam are the only APEC nations still outside the World Trade Organization, and APEC leaders were expected to endorse their bid to join the WTO in the summit's final declaration, AP reported. V.A.

Representatives of the North Korean administration issued a statement saying that the United States and its allies have lost the "political and military confrontation" to the DPRK

North Korea declares victory over USA

Putin made his first public comment on the subject of the recent decision of US President Donald Trump to recognise Jerusalem as the capital of Israel

Putin makes first comment on Trump's Jerusalem decision
Comments
Russia to rebuild its former Soviet naval base in Syria's Tartus
Putin in Egypt: Who's the big player in the Middle East?
Russia to rebuild its former Soviet naval base in Syria's Tartus
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
Putin in Egypt: Who's the big player in the Middle East?
Putin: Russia is ready to launch direct air communication with Egypt
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Russia works on MiG-41 doomsday fighter jet
Mr. Trump: Are you the leader of the free world?
Pentagon can not accept Russia's victory over terrorists in Syria
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
Turkish President Erdogan issues ultimatum to Washington and Brussels
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine
USA no longer wants Bashar Assad to go
From Cast Lead to Schabas's defeat: The collective punishment repeats
Pentagon can not accept Russia's victory over terrorists in Syria
Turkey's Erdogan urges others to recognise Jerusalem as capital of Palestine