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Vietnam, Japan vow to strengthen strategic partnership

News | 17.01.2013 | 07:04

Japanese Prime Minister Shinzo Abe' s visit to Vietnam marked a milestone in boosting the Vietnam- Japan Strategic Partnership amid complicated situation in the Asia- Pacific region, Vietnamese premier Nguyen Tan Dung said on Wednesday.

Japan has attached importance to the strategic partnership with Vietnam, and wants to further develop it for peace and prosperity in Asia, Abe said during talks with Nguyen Tan Dung in Hanoi on Wednesday afternoon.

Abe pledged support to Vietnam in realizing national industrialization by 2020, saying Japan will extend a new package of 500 million U.S. dollar loan from the Official Development Assistance (ODA) to three infrastructure projects in Vietnam.

Vietnam is one of the key partners of Japan as the two countries share the same challenges in the region and can support each other in economic development, Abe told a joint press conference with Nguyen.

Vietnam is grateful to the Japanese government for providing a huge amount of Official Development Assistance to Vietnam in the past 20 years, said Nguyen, hoping that Japan will increase the ODA commitment to Vietnam.

During their talks, the two leaders agreed to strengthen cooperation on regional and international issues of common concern and shared a view that all disputes among countries should be solved on the basis of international laws through peaceful means to maintain peace, stability, cooperation and prosperity throughout the region and world.

Abe also met with General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong and President Truong Tan Sang respectively.

The ruling Vietnamese communist party and government consistently attach importance to, and constantly develop the relations and strategic partnership with Japan for the interest of the two peoples, and for peace, stability and prosperity in the region and the world, said the Vietnamese party leader.

Vietnam and Japan established diplomatic ties in 1973 and raised their relationship to the Strategic Partnership in 2006.

Japan remains Vietnam's leading economic partner and was the first G7 country to recognize Vietnam's market economy status in 2011.

Japan is also the largest foreign direct investor in Vietnam, the biggest Official Development Assistance donor to Vietnam, and the third biggest trade partner of the country.

As of November 2012, Japan has invested in 1,827 projects in Vietnam, with a total registered capital of 29.14 billion U.S. dollars.

In fiscal year 2012-2013, Japan pledged to grant ODA worth 2.6 billion U.S. dollars to Vietnam.

In 2012, the two-way trade reached nearly 25 billion U.S. dollars against 21 billion dollars in 2011, and is expected to increase to 30 billion dollars in 2013.

Vietnam and Japan made 2013 the Vietnam-Japan Friendship Year to mark the 40th anniversary of their diplomatic ties.

Vietnam is the first leg of Abe's official visit to three Southeast Asian countries, namely Vietnam, Thailand and Indonesia.

"I want to strengthen relations with these countries as they have huge potentials for development," said Abe in an interview with Japan Broadcasting Corporation (NHK) before departure for his first overseas tour since he took office in late December last year.


Tags: Japan Vietnam

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    Mikhail AGHAJANYAN

Political Manipulations with the Price of Oil

The drop in oil prices that began at the same time as Islamic State (IS) attacks in Iraq and Syria is impossible to explain with economic factors. The world has long been used to the fact that the market has reacted to every war in the Middle East, where 47 per cent of the world’s ‘black gold’ reserves are concentrated, with a sharp jump in oil prices. That is what happened during the two wars in the Persian Gulf, and that is also what happened when the Americans began their ‘mission to restore democracy’ in Afghanistan. And speculation about a possible military conflict between the US and Iran was accompanied by the expectation of a jump in oil prices of up to $200 a barrel and higher. At present, everything has turned upside down, but for how long?..

Aeroflot AFISMA African Union Africom AIPAC Al Qaeda Al Shabaab Al-Jazeera ALBA Amnesty International Anonymous APEC Arab League ASEAN ATAKA Atomstroyexport Bank for International Settlements Bank of America Barclays Basel Committee BBC Bilderberg Club Black Bloc Blackwater Boco Haram BP BRICS CELAC Center for Responsive Politics CEPAL Chevron CIA CICA CIS Citigroup CNN Committee of 147 Committee of 300 Council of Europe Council on Foreign Relations Crescent Crescent Petroleum CSTO Customs Union DARPA Davos DEA Defense Intelligence Agency DIA Dragon Family E.ON Eager Lion ECOWAS EDA ELNET Enbridge Pipelines ETA EU EULEX EurAsEc Eurasian Union European Commission European Court of Human Rights European Union Exxon Mobil Facebook FAO FARC FATAH FBI FDA Federal Reserve FIFA Financial Action Task Force Financial Stability Board Fitch Franklin Templeton Freedom House FRS FSB FTA FUEN G-4 G20 G7 G8 GATA Gazprom GECF Glonass Goldman Sachs Google Greenpeace GUAM Guardian Gulf Cooperation Council Hague Tribunal HAMAS Heritage Foundation Hezbollah Hizb ut-Tahrir HSBC Human Rights Watch IAEA IEA IHRC IMF International Criminal Court Interpol IOC ISAF Islamic jihad Islamic Revolution Guards Corps ITERA Jamestown JP Morgan Jundullah KFOR KLA Ku Klux Klan Liberation Tigers of Tamil Eelam Lukoil Massachusetts Institute of Technology Mercosur Microsoft Missile defense Missile Defense Agency Moody's Morgan Stanley Mossad Most-Favoured Nation Mujahedin-e Khalq Muslim Brotherhood Nabucco Naftogaz NASA Nation of Islam National Security Agency NATO NDAA NDI NED Non-aligned Movement NORAD Nord Stream NORTHCOM Northern Distribution Network NSA OECD Oerlikon OIC OPCW OPEC Open Government Partnership Organization of American States OSCE OTW movement OUN / UPA PACE PACOM Pan-Europa movement Pentagon PJAK PKK PRISM PYD Red Cross Renova Republican Party Rosatom Roscosmos Rosneft Rosoboronexport Ruhrgas RusAl RWE SABSA Scientology Shanghai Cooperation Organization Shell Siemens South Stream Southern Command Standard & Poor's Statoil Strategic Nuclear Forces Stratfor SWF SWIFT Syrian National Council SYRIZA Taliban Tamarod TAPI TeleSur TNK-BP Total Transneft TTIP Twitter UN UN International Court UNASUR UNESCO USAID Valdai Club Visegrad Group Wall Street Westinghouse Wikileaks World Bank WTO Yukos “Mass Atrocity Response Operations”

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