Palau and the Mekong Delta province of Tien Giang in Vietnam have signed a cooperation agreement on fishing and seafood consumption.
The document was signed by Palau House of Delegates Speaker Sabino Anastacio and the Thai Hoa Trading Service Seafood Company based in the Tan Phuoc district.
During a reception for the speaker and his entourage, the vice chairman of the provincial people’s committee, Le Van Nghia, discussed local economic potential and investment opportunities in fishing, seafood processing and export, industrial trees and tourism development.
The Palau speaker, for his part, briefed the hosts on the potential and investment opportunities in his country.
Palau has a total area of 458 sq.km and around 21,000 people. It has huge potential for forestry, minerals and sea products. Its major exports include dry coconut and tuna.