Vietnam, Sri Lanka aim to improve partnerships

TN News

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Eight cooperation agreements covering national defense, trade, and oil and gas between Vietnam and Sri Lanka were signed Friday during President Truong Tan Sang's visit to the South Asian country.

Besides witnessing the memorandums of understanding signed between related ministries, Sang and Sri Lankan President Mahinda Rajapaksa met together and expressed their determination to upgrade the Vietnam Sri Lanka relationship to that of a comprehensive partnership.

The two leaders agreed that the countries' trade value target would be US$1 billion in the upcoming years, according to a report on the government website.

VNA said the Sri Lankan leader expressed his support for Vietnam to become a member of the United Nations Human Rights Council for the 2013-2016 term.

The Vietnamese president, who was to wrap up his two-day visit the same day, also attended a forum between the countries' businesses in Colombo, the capital city, the news agency reported.

During his speech at the forum's opening ceremony, Sang stressed that Vietnam will focus on stabilizing its macroeconomic model, and restructuring and renovating its economy, as well as improving the economy's efficiency and competitiveness.

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