​​​
  1. India, Vietnam resolve to jointly work for open, prosperous Indo-Pacific

India, Vietnam resolve to jointly work for open, prosperous Indo-Pacific

India and Vietnam today vowed to join hands for an open and thriving Indo-Pacific besides ensuring an efficient and rules-based regional security architecture, seen as a thinly veiled message to China over its increasing military posturing in the region.

By: | New Delhi | Published: March 3, 2018 8:28 PM
india, vietnam, indo pacific, Narendra Modi, vietnam president, Vietnamese President, Tran Dai Quang India and Vietnam today vowed to join hands for an open and thriving Indo-Pacific besides ensuring an efficient and rules-based regional security architecture, seen as a thinly veiled message to China over its increasing military posturing in the region.

India and Vietnam today vowed to join hands for an open and thriving Indo-Pacific besides ensuring an efficient and rules-based regional security architecture, seen as a thinly veiled message to China over its increasing military posturing in the region. After wide-ranging talks between Prime Minister Narendra Modi and Vietnamese President Tran Dai Quang, the two strategic partners inked three pacts providing for cooperation in nuclear energy, trade and agriculture. They decided to explore co-development projects in defence sector and boost ties in oil and gas exploration, including trilateral cooperation. Modi said both sides expressed commitment to an open, efficient and rules-based regional architecture and to expand bilateral maritime cooperation further.

“We will jointly work for an open, independent and prosperous Indo Pacific region where sovereignty and international laws are respected and where differences are resolved through talks,” Modi said in a media statement in the presence of the Vietnamese President. In an apparent reference to the South China Sea dispute, the Vietnamese president said it supports India’s multi-faceted “connectivity” with ASEAN and asserted that there must be freedom of navigation and over flight in the region. He said that disputes must be resolved through peaceful means. Vietnam and several other ASEAN member countries have territorial disputes with China over the resource-rich South China Sea. While India, the US and several other world powers have been pressing for resolution of the dispute on the basis of international law, China has been favouring a bilateral framework with respective countries. Modi said India and Vietnam will also look for trilateral partnership in oil and gas sector.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Go to Top