Vietnam, Venezuela boast potential for fishery cooperation: Ambassador

Vietnam and Venezuela have favourble conditions to bolster cooperation in fisheries, Vietnamese Ambassador Le Viet Duyen said while addressing a recent forum.

Venezuelan Minister for Fisheries and Aquaculture Juan Carlos Loyo (3rd, L) and the Vietnamese Embassy staff in a group photo

The ambassador’s attendance at the fishery forum and his recent working visit to Maracaibo city in Zulia state were intended to promote trade ties between Vietnam and Venezuela.

The diplomat noted that Vietnam’s fishery export ranks third in the world, only after China and Norway, with annual revenue of nearly 1 billion USD.

Regarding the trade ties between Vietnam and Venezuela, he said in the first 10 months of 2022, the two-way trade increased 700% year-on-year, stressing that after 15 years of establishing the comprehensive partnership, the two countries have signed more than 50 bilateral cooperation agreements, including those on fisheries.

Pointing out that the bilateral fishery cooperation has yet to match potential of both sides, Duyen suggested parliamentarians, leaders of ministries and agencies, and scholars of Venezuela coordinate with the Vietnamese side to set up cooperation mechanisms and sign technical deals to facilitate fishery and food trading, covering food safety and hygiene.

Venezuelan Minister for Fisheries and Aquaculture Juan Carlos Loyo spoke highly of Vietnam’s economic achievements, particularly those in fisheries, and expressed his hope that the Southeast Asian nation will share  its experience in this field.

The participating Venezuelan parliamentarians, officials, scholars and businesses said they will work to seek cooperation mechanisms with Vietnam in economy, trade and investment in general and fisheries in particular./.

VNA