VN, Qatar launch oil, farm fund

Vietnam News Service | 04-09-2008

HA NOI — Viet Nam and Qatar have agreed to establish a US$1 billion petroleum and agriculture development fund. Ninety per cent of the capital will come from Qatar.

Qatar may finance the purchase of fruit and vegetable varieties in demand , enabling Viet Nam to grow crops and export farm product.

The two sides also discussed setting up a farm to breed cattle.
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