Vietnam and Ireland sign MoU on agricultural development

Vietnam-agriThe Vietnamese Ministry reported that trade revenue of agricultural products between Vietnam and Ireland reached US$229.75 mn in 2013. (Image source: IAEA/Flickr)Vietnam and Ireland have signed a memorandum of understanding (MoU) to foster agricultural cooperation and rural development in the two countries 

Cao Duc Phat, minister of agriculture in Vietnam, said that Ireland has varied experience in transforming from an agricultural economy to a developed one, using advanced technologies.

“Vietnam can learn a lot from the high technology-based agricultural system of Ireland, especially the processing and preserving of agricultural products,” added Phat.

Damien Cole, Irish ambassador to Vietnam said that the MoU would foster bilateral cooperation on agriculture, which is key to boost economic ties between the two countries.

“The MoU is a foundation platform for the two countries to promote agricultural cooperation, from food quality, food safety and hygiene, to long-term investment into producing and processing food,” said Cole.

In addition to the bilateral free trade agreement between Vietnam and Ireland, the governments of both the countries will also allow opportunities to enterprises to enter the two markets, added Cole.

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