Thailand, Vietnam to Sign Long-term Cooperation Pact

Thailand and Vietnam are expected to sign a 10-year cooperation agreement on August 6, when the two countries celebrate the 25th anniversary of their diplomatic ties, the state-owned TV Channel 3 reported Saturday.

The plan was unveiled by Thai Prime Minister Thaksin Shinawatra after he returned from a one-day visit to Vietnam on April 25.

Thaksin said the cooperation pact will cover various aspects including agriculture, investment and communications.

"As Thailand and Vietnam are world's top rice exporters, both countries agreed to jointly promote the business on a non-rival basis," he said.

To strengthen bilateral trade and investment, a road project to link Thailand's Mukdahan province with Danang in Vietnam via Laos will be accelerated while Vietnam's national flag carrier will increase its flight frequency to Thailand.

Thaksin also reiterated that Thailand would never allow anyone to use its territory as a base to sabotage Vietnam.






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