Vietnam- Uruguay trade hits a record high

(VOV) - The exchange of goods between Uruguay and Vietnam in 2012 has hit US$63 million, up over four times compared to five years ago.

A Memorandum of Understanding (MoU) was signed by Vietnam’s Trade Promotion Agency and Uruguay’s Investment and Export Promotion Agency in Hanoi on December 26.

Under the MoU, both sides give priority to sharing information on market trends, exchanging trade delegations, assisting businesses in trade fairs and exhibitions and training human resources.

Uruguayan Ambassador to Vietnam Carlos Irigaray said over the years, the two countries have cooperated effectively in the areas of trade, investment, agriculture, seafood aquaculture, seafood processing, telecommunications, tourism and infrastructure construction.

He expressed hope for closer cooperation in the process of international integration.

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