Rector of Russia’s Institute of Oriental Studies Alexay Maslov and Vladimir Mazyrin, Director of the Far East Institute’s Vietnam-ASEAN Research Centre under Russia’s Science Academy, spoke highly of the forthcoming visit in an interview with Vietnam News Agency correspondents in Russia just before the Vietnamese Party leader’s visit, which is scheduled for November 24-26.

Both Maslov and Mazyrin said the visit is a good chance for the two sides to discuss their strategic cooperation, thus taking measures to reinforce bilateral relations and enhance political contact at higher levels.

Maslov revealed that the two sides would discuss the establishment of a free trade area between Vietnam and the Europe-Asia Economic Union, which is considered a crucial step towards removing customs and administrative barriers obstructing trade between the concerned parties.
 

Reviewing Vietnam’s recent economic development, Maslov said the country had reaped great achievements in promoting economic growth as well as attracting foreign investment, becoming one of the leading countries in Southeast Asia in these fields.

This shows that Vietnam’s economy has become increasingly stable and its investment climate is more attractive for foreign investors, he noted.

Regarding economic, trade and investment relations between the two countries over the past few years, Maslov said Russia had set up a subcommittee aiming to boost ties with Vietnam in these fields, led by the Ministers of Trade and Economics as part of the Vietnam-Russia Intergovernmental Committee for Economic, Commercial, Scientific and Technological Cooperation.

A number of benefits could be gained by the two countries if they deepened their comprehensive links, the expert stressed, adding that the Russian Government and enterprises should pay more attention to fulfilling the two countries’ full cooperation potential.

When assessing the part Vietnam could play in Russia’s strategic priority to boost cooperation with Asian Pacific nations in the near future, Mazyrin said Vietnam held an important role in ASEAN. Russia therefore hopes that its relations with Vietnam would help the country establish all-around ties with other ASEAN member states.