PM Nguyễn Tấn Dũng and Chinese Deputy PM Zeng Peiyan both agreed that Việt Nam and China should further expand fields and forms of cooperation as well as improve their cooperation quality and efficiency for the mutual benefits.

In the field of economy, trade and investment, it is necessary to seek for proper solutions in order to maintain the growth of bilateral trade turnover and obtain US $15 billion by 2010 as well as promote the trading of key goods, including electromechanical products, crude oil, coal, and rubber. The two sides should establish an interdisciplinary group to research new commodities and sign an agreement on animal and plant quarantine in order to facilitate export and import activities and improve the bilateral trade balance. The leaders also agreed to complete their five-year planning schemes to put into reality the agreement on promoting economic and commercial cooperation and the memorandum of understanding on “Two corridors, one economic belt”.

Mentioning the border issues, the Vietnamese and Chinese leaders confirmed their efforts to finish the border demarcation and landmark planting as well as sign a new agreement on border management within 2008, building the Việt Nam-China borderline of peace, friendship, cooperation and development. They also pledged to maintain peace and stability in the East Sea.

By Xuân Hồng