At the start of the way. Nursultan Nazarbayev arrived on an official visit to the Socialist Republic of Vietnam

Nov 01. Kazpravda. Hanoi

By Vladimir Kuriatov

At the start of the way. Nursultan Nazarbayev arrived on an official visit to the Socialist Republic of VietnamIt is Kazakhstan President’s first official visit to Hanoi, described in Vietnamese media as historical, not as a courtesy of Eastern diplomacy, but because it is an explicable result of the partnership evolution. Negotiations this time will hopefully lift the cooperation onto a qualitatively new plane. The leaders’ political will, sealed by a package of signed inter-government agreements and the business forum there open up new interaction vistas.

Unlocking the potential

Kazakhstan and Vietnam are in for a breakthrough in trade-economic and investment cooperation. Unlocking the two fast growing economies’ potential is seen as a time imperative, which is why the leitmotiv of the first day of the visit was economic aspect of the partnership.

In the talks with the Vietnam President Truong Tan Sang, N.Nazarbayev was appreciative of the progress this country had achieved in the recent years, pointing to a considerable potential for Kazakh-Vietnamese partnership. Both the countries are interacting in bilateral and multilateral formats, and there is an inter-governmental commission for trade-economic and scientific-engineering cooperation, a joint action plan for the years 2011-2013. In the elapsed months of the year the bilateral turnover surpassed $ 30mn, and the potential in it remains ample.

Mutual attraction of economies

What partnership directions hold promise most? Kazakhstan is interested in partnering with Vietnam in the upgrade of industrial complex, in oil-and-gas, long-term deliveries of nuclear fuel to Vietnam, and sharing in NPP construction projects. Transport and communications, shipbuilding, primary sector, trade, small and medium business, agriculture are deemed promising cooperation areas too.

N.Nazarbayev invited the Vietnamese business to share in the AIID Programme. Our country, he said views Vietnam as an important economic and political partner in South-East Asia, for which cooperation priorities were defined and legal-framed, which certainly took time. In 2009 an agreement was signed on encouragement and mutual protection of investments, along with other documents. This September Kazakhstan-Vietnamese commission for trade-economic and science-engineering cooperation endorsed the protocol and action plan, mentioned above.

In these talks agreements were signed on avoiding double taxation and on cooperation in civil aviation, tourism and education, on mutual legal assistance in civil and commercial matters, as well as a MoU between the major economic and financial centers of two states – Almaty and Ho Chi Minh.

Kazakh Embassy is shortly opening in Hanoi, which Nursultan Nazarbayev called an important step in bilateral relations development.

Pointing to importance of business cooperation the Kazakh President expressed hope that the business forum, held during the visit will lay the groundwork for further cooperation in this field.

Kazakhstan and Vietnam share positions on many international agenda issues.

– We welcome the chairmanship of Hanoi in ASEAN and we hope to deepen Kazakhstan’s interaction with this organization, and are ready to work together with Vietnam in the UN, the CICA and other international organizations, – said N.Nazarbayev.

As part of cultural interaction it was agreed to hold Days of Vietnam Culture in Kazakhstan next year, and the Days of Kazakhstan in Vietnam in 2013.

In general the talks showed the mutual will for enhancing political, economic, commercial, cultural and humanitarian cooperation. The Vietnamese leader called the talks fruitful.

– We have similar positions on many international and regional issues. Customs Union of Kazakhstan, Belarus and Russia, will certainly contribute to the deepening of our bilateral relations – said Truong Tan Sang. It was important, he said, that possibility was bought up of an early start to negotiations on a free trade area between Vietnam and the CU.

Stability is the backbone

The same day Nursultan Nazarbayev, as chairman of Nur Otan party met with the general the talks the Central Committee of the Communist Party of Vietnam (CPV) Nguyen Phu Trong to discuss partnership outlook. – Stability of political systems is a pledge of successful bilateral cooperation, a foundation to build relations between our countries on -the general the talks the Vietnamese communist party believes.

Nursultan Nazarbayev held talks with Chairman of the National Assembly of SRV Nguyen Shin Hung, as part of inter-parliamentary cooperation development.

– Exchange of delegations and establishment of inter-parliamentary cooperation group will boost contacts between the Parliament of Kazakhstan and the National Assembly of Vietnam, – the RK President said.

In turn, Shin Hung Nguyen said President Nursultan Nazarbayev’s visit opens a new page of Kazakh-Vietnamese partnership.

– We need to develop cultural and humanitarian cooperation, implement joint projects in education, and consistently strengthen cooperation on the international arena, – said the Chairman of the National Assembly.

Businessmen have agreed

The Kazakh delegation at business forum was led by deputy prime minister – Minister of Industry and New Technologies Aset Isekeshev. One of the most important upshots on this dialogue venue was establishment of the Business Council, with a relevant agreement signed between both countries’ Chambers of Commerce. All told, it will lay the groundwork for more business cooperation.

The forum defined possible cooperation areas. These are development of titanium field in Vietnam. In turn this country could invest in our country’s light industry. Textile companies of this country export products the sum of $12bn annually and Kazakhstan is interested in the development of this sector, for which a special economic zone was created. Partnership in tourism, transport logistics and agriculture was probed into as well.

SRV could export to our republic coffee, tea, rice, cashew nuts (there are already orders from our confectionaries), black pepper. Kazakhstan is interested in exporting grain and flour to Vietnam, and via it – to the Southeast Asia markets.

Another outcome of the forum was the signing of a MoU between LLP “Cousteau Group” and the national company “Petro-Vietnam”, and the Agreement on mutually beneficial trade cooperation and expert promotion of products with high added value between the LLP “Thayshon Astana” and the Vietnamese company “Satra Thayshon”.

Vietnam Deputy Prime Minister Vu Van Ninh and the head of the Chamber of Commerce Vu Tien Loc urged not to stop there. It should be said for the SRV in this regard, that they have created a favorable investment environment, 80 countries are currently implementing 12 thousand projects there worth $192bn.