The
4th Session of Pakistan - Vietnam Joint Ministerial Commission (JMC) was held
here on Tuesday. Mr. Arif Ahmed Khan, Secretary
Economic Affairs Division led the Pakistani delegation while Mr. Cao Quoc
Hung,Vice Minister of Industry and Trade, Socialist Republic of Vietnam led the
Vietnamese delegation.
Both
sides discussed and agreed to initiate steps to enhance bilateral trade and
economic cooperation in Agriculture, Information Technology, Education, Health,
Investment & Banking and Industrial Sectors.
Two
sides developed consensus for frequent interaction of trade bodies and trade
exhibitions in order to enhance the volume of bilateral trade in coming years.
The Vietnamese Government reiterated its un-flinched support for Pakistan’s
full dialogue partnership with ASEAN which will usher in new vistas of
cooperation in the fields of trade and investment between the two
countries.
Pakistani
Government proposed Vietnamese side to move forward on Preferential Trade
Agreement during forthcoming meeting of Joint Trade Committee (JTC). Both sides
showed their resolve for enhanced cooperation in Agriculture, Science &
Technology, and Information Technology sectors through frequent interaction of
Joint Working Groups (JWGs) that will yield productive results.
The
bilateral investment and establishment of banking channels will be catalyst in
realizing these objectives. Both sides also decided to continue
cooperation with each other in Health, Education and Industrial Sector.
Vietnamese side was offered to invest in Information Technology, food
processing and automobile sector in Pakistan.