VN & India discuss economic cooperation

Within a framework of the fourth cooperation conference between India- Cambodia- Laos- Myanmar- Vietnam (CLMV), a specific discussion of Vietnam’s economic cooperation was yesterday held in Jaipur city of Rajasthan, India.

Financial Adviser to the Ministry of External Affairs of India Mr. Sumeet Jerath, representatives of Confederation of India Industry (CII), economic groups and enterprises from India, Cambodia, Laos and Myanmar attended in the event.

Vietnamese ambassador to India Ton Sinh Thanh said that the cooperation relations between Vietnam and India have achieved many successes in previous years, especially in economic sector.

Additionally, he highly appreciated Indian Government in establishing a development fund to support the country’s investors into CLMV countries, including Vietnam.

At the discussion, the guests asked a lot of questions related to business environment as well as policies for attracting investment projects in Vietnam and localities.

Accordingly, India’s trade surplus of CLMV countries reached at US$ 2.5 billion in 2014. Vietnam is currently the largest export market among four member countries.

By Phuong Nam- Translated by Huyen Huong

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