Vietnam to Use Cam Ranh Bay in Purpose of Socio-economic DevelopmentVietnam intends to use its Cam Ranh Bay in the purpose of the country's socio-economic development, a Vietnamese spokeswoman announced here Thursday.Foreign Ministry Spokeswoman Phan Thuy Thanh made the announcement while answering a question on Vietnam's reaction to Russia's decision of withdrawing its military base in Cam Ranh Bay. Thanh noted that the Russia's decision is made in accordance with the two countries' agreement. "We believed that the relations of the traditional friendship and multi-faceted cooperation between Vietnam and Russia will continue to smoothly develop on the spirit of strategic partnership," the spokeswoman added. Russian defense conference Wednesday announced that Russia's evacuation from Cam Ranh, whose free usage by Russian navy will expire in 2004 under a 1979 agreement between the former Soviet Union and Vietnam, will start on January 1, 2002. |
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