May 25, 2013
Moreno heads bilateral trade mission to Vietnam
The domestic trade secretary, Guillermo Moreno, and the foreign trade secretary Beatriz Paglieri arrived in Ho Chi Minh City, Vietnam, yesterday along with 220 Argentine business leaders as part of a mission to promote bilateral trade between the two countries. At press time, the meeting was taking place, following a 29 hour journey from Buenos Aires, in which according to Telam Guillermo Moreno called for a round of applause during the flight to commemorate the second anniversary of Néstor Kirchner’s death.
Before departing, Paglieri asserted they had “high hopes for the commercial mission to Vietnam,” and were sure that “the Vietnamese delegation shared those high hopes.” The business leaders represent several sectors of Argentine industry, including footwear, textiles, construction, chemicals, and medical equipment.
The high expectations from Argentina for productive trade arrangements are grounded in a surge in bilateral trade with Vietnam that has already been seen: 2004, the exchange between the nations was accounted at Us$157.9 million, increased to Us$859.2 million in 2011, that is, a 44.13 percent increase.
Vietnam has a population of 91 million, and the Argentine hopes are also based on the general increase in Vietnamese imports, which increased from US$15 million in 2000 to 106 million last year.
Herald with DyN, Telam