Bolivia wants to increase trade ties with Vietnam
Buenos Aires (VNA) – Bolivian trade officials have chosen Vietnam and China as the two markets replacing the US in the circumstance that the biggest economy is going down.
In the coming months, Bolivia will hold joint meetings with Vietnam and China to discuss possibility of signing bilateral trade agreements, said Bolivian Deputy Foreign Minister Pablo Guzman at a meeting of the Bolivia-Brazil trade commission in La Paz on November 3.
Once the agreements are inked, Bolivia would not only close its export gap caused by the reduction in trade ties with the US, but also expand its exports, the official said.
Two-way trade between Bolivia and Vietnam stood at a modest level of 2.3 million USD last year. Bolivian trade officials hope the figure would see a considerable increase in the near future.
Once the agreements are inked, Bolivia would not only close its export gap caused by the reduction in trade ties with the US, but also expand its exports, the official said.
Two-way trade between Bolivia and Vietnam stood at a modest level of 2.3 million USD last year. Bolivian trade officials hope the figure would see a considerable increase in the near future.
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