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Vietnam hails RF chairman of G20, accession to WTO

Vietnam welcomes Russia’s chairmanship of the G-20 in 2013. Hanoi expresses confidence that Russia will worthy play its role

SOCHI, July 27 (Itar-Tass) — Vietnam lauded Russia’s chairmanship of the G-20 and the accession to the World Trade Organisation (WTO), according to a joint statement made by Presidents of Russia and Vietnam, Vladimir Putin and Truong Tan Sang, after the talks in Sochi on Friday.

“Vietnam welcomes Russia’s chairmanship of the G-20 in 2013. Hanoi expresses confidence that Russia will worthy play its role.” “Russia praises Vietnam’s useful contribution to the work of the G-20 summit in Seoul in November 2010,” the statement says.

“The parties uphold the efforts taken by the Group-20 in order to improve management of global economy and finances in order to ensure their steady and balanced growth, to reform the world currency and financial system, to counter trade protectionism and to rivet attention to the development problems,” the statement says.

“Vietnam lauds the Russian Federation’s accession to the World Trade Organisation by considering this event an important factor, which facilitates the consolidation of the global trade system and the strengthening of trade and economic relations between the two states both at bilateral and multilateral levels,” the document stresses.