Results of Alexander Lukashenko's visit to Vietnam

Results of Alexander Lukashenko's visit to Vietnam

The foreign policy of Belarus is not as ambitious as that of Russia or the United States, for example.  But one of the main objectives of Belarus is to integrate into the world economy and search for new trading partners. The previous working week of President Lukashenko was devoted exactly to this.  He visited Vietnam and Turkmenistan, both being important economic partners of Belarus in Asia. 

Let us begin with Vietnam. That was Alexander Lukashenko's third visit to that country. In recent years, there have been exchanges of visits at different levels. This time the Belarusian head of state met with the key figures in the leadership of Vietnam. A new page of cooperation between Belarus and Vietnam opened.

Since Soviet times, the republic has had friendly relations with Vietnam. Many Vietnamese leaders received education in Belarusian universities. Today it facilitates dialogue. The country can become a springboard for Belarus to secure its positions in the Southeast Asian region.

Alexander Lukashenko, Belarus President:
We offered to increase cooperation in the field of petrochemicals, automotive, joint assembly plants in Vietnam. We have a good foundation - the agreement between Vietnam and the Eurasian Economic Union as well as the intergovernmental agreements on the organization here in Vietnam of joint Belarusian-Vietnamese enterprises.

Trương Tấn Sang, President of the Socialist Republic of Vietnam:  
We appreciate the good and trusting relations between our countries. We agreed to exchange visits, to strengthen trust in the political relations, in economy, trade and investment. We agreed that we would support each other at international forums. In addition, we discussed measures to increase trade turnover and investments.

The negotiations resulted in the government delegation signing a package of documents. The sides endorsed a joint program of economic cooperation over the next three years. Also they agreed on a plan of action in the field of sports and tourism. There has also been reached an agreement on the training of Vietnamese citizens in Belarus.

Mikhail Zhuravkov, Minister of Education of the Republic of Belarus:
That generation learned at our universities. They would the new generation of young people to also come and study in our universities. So we are now intensifying work in this direction.

Until now, the Communist Party plays an important role in the country's life. This is evident even in Vietnamese streets. But the policy of the party does not prevent the development of modern Vietnam.

Alexander Lukashenko, Belarus President:
We both need new ideas. Ideas that will lead our states to a higher level of development. But most importantly is we don't lose the level of our cooperation, which we should maintain.

By the way, Nguyen is the most common surname in Vietnam. This is the surname of the Prime Minister.

It is Nguyễn Tấn Dũng who is most likely to become the next secretary-general of the Communist Party next year.

Alexander Lukashenko, Belarus President:
I am well aware that Vietnam has made a strong leap in the development. And this development, these steps are associated with your government, including you personally. 

On the eve of the summits the sides signed a decent package of agreements and contracts. It is estimated at $350 million. This sharply exceeded the annual turnover of the states.

Vladimir Semashko, Deputy Prime Minister of the Republic of Belarus:
On the one hand it is good that inside only two incomplete months of active work on the eve of the President's visit, we have signed such agreements for $350 million. If we compare it with the $169 million, the turnover in 2014, it is clear that this figure is very significant. But on the other hand, it is bad, because it suggests that we did not exploit our potential to the fullest. 

Key agreements pertain to cooperation in industry. The sides agreed on the supply of tractors. By the way, it is the tractor Belarus that is depicted on banknotes of Vietnam. The tractor producer MTZ considers the Vietnamese market promising too. The machinery is important for the agricultural sector. After all, Vietnam is ranked second in the world for the supply of rice and coffee. While in 2014, equipment worth $1 million was sold, in 2016, Belarus is going to earn twice as much.

Vietnam is rich in minerals. It has deposits of oil and gas. One of the provinces of the country boasts the largest coal deposit in the territory of South-East Asia. Vietnam also has deposits of iron ore and metals.

Vietnam-based BelAZ Invest company said
that BelAZ machinery is very reliable. The sides signed a contract for the supply of BelAZ-75581 with a carrying capacity of 90 tons. This was the first time Vietnam had received such dump trucks.

Belarus and Vietnam also signed contracts for the supply of trucks and dump trucks. The next step is the creation of facilities to assemble trucks and buses. Passenger vehicles will be produced in Ho Chi Minh City. The first samples have already been assembled.

The government of Vietnam also wants to update its bus fleet and procure such machines for Vietnamese airports. Up to 500 buses is the annual demand. At the end of December 2015, an assembly line will be ready. The President of Belarus was show this promising project.

Vietnam knows Belarus as a technologically advanced state. In general, Belarus and Vietnam would like to sell jointly produced products in ASEAN markets. The Association of Southeast Asian Nations group Indonesia, Laos, Myanmar, Cambodia, Singapore, and Malaysia, which is a promising market of 500 million.