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President Nguyen Phu Trong and Indian President Ram Nath Kovind
witness the signing of a Memorandum of Understanding on cooperation
between the Vietnamese Foreign Ministry's Department of Foreign Affairs
and Indian Business Association (Source: VNA)
The joint statement said during their talks, the two Presidents discussed
bilateral ties and regional and international issues of common concern in a warm
and friendly atmosphere.
The two leaders reiterated the time-honoured friendship between the two
countries and agreed that bilateral ties have developed strongly across the
fields following the establishment of a strategic partnership in 2007 and the
elevation of ties to a comprehensive strategic partnership in 2016.
On the basis of the good bilateral ties, the leaders agreed to maintain regular
visits at all levels and in all channels of Party, State, Government,
legislature, localities and people-to-people exchange, as well as the regular
operation of bilateral cooperative mechanisms while effectively implementing
signed agreements.
The two leaders agreed that defence-security cooperation is an important pillar
of the bilateral Comprehensive Strategic Partnership and reached a consensus on
effectively implementing the Joint Vision Statement on Vietnam-India Defence
Cooperation for 2015-2020.
They agreed to boost cooperation in personnel training, cyber security,
information sharing, among others.
The leaders took note of strong growth in bilateral trade and expressed belief
that the goal of 15 billion USD in bilateral trade will be achieved early.
They urged the building of specific plans to realise signed agreements on
promoting trade, while calling for removing trade obstacles, including technical
and non-tarrift barriers, and stressing the need for close coordination and
regular consultations to address problems arising in bilateral trade.
The leaders agreed to continue promote bilateral investment ties, including
joint schemes between the Vietnam Oil and Gas Group (PetroVietnam) and the Oil
and Natural Gas Corporation of India in exploring and exploiting oil and gas on
land, continental shelf and exclusive economic zone of Vietnam.
The Vietnamese President appreciated India’s long-term and continuous support in
various forms for Vietnam’s development projects.
The two sides agreed to focus on implementing India’s non-refundable aid and
preferential credit for Vietnam as well as annual projects under India’s Quick
Impact Projects (QIPs) fund for Cambodia, Laos, Myanmar and Vietnam.
The leaders agreed on the importance of stronger connectivity between Vietnam
and India and pledged to push the disbursement of the 1 billion USD credit
package for infrastructure and digital connectivity projects in the framework of
the ASEAN-India cooperation.
The leaders welcomed bilateral coordination in cultural activities and heritage
conservation, and affirmed their support of exchanges between their friendship
organisations and scholars. They also promised to facilitate the operation of
each other’s press and media agencies.
The two sides agreed on the importance of people-to-people exchange and
tourism.
On regional and international issues of common concern, the two leaders shared
many viewpoints. They affirmed the importance of building a peaceful and
prosperous Asia and Indian-Pacific regions on the basis of respect for
sovereignty and international law, navigation and aviation freedom.
The Indian President valued Vietnam’s contributions as coordinator of
ASEAN-India ties in 2015-2018. The Vietnamese President affirmed support of
India’s Act East policy and hailed India’s support of ASEAN’s central role in
the forming regional structure.
The two sides pledged to continue coordinating and supporting each other at
multilateral forums, especially those in the framework of the United Nations,
and re-affirmed mutual support for each other’s candidacy as a non-permanent
member in the UN Security Council, Vietnam in the 2020-2021 tenure and India in
the 2021-2022 tenure.
The two sides expressed concern about current developments in the East Sea and
reiterated the importance of maintaining peace, stability, security and freedom
of navigation and overflight as well as no obstruction of economic activity in
the waters. They emphasized the need to fully and effectively implement the
Declaration on the Conduct of Parties in the East Sea and early finalise an
effective and binding Code of Conduct. They underlined the importance of
settling disputes by peaceful meadures, including fully respecting legal and
diplomatic processes in line with international law, especially the 1982 UN
Convention on the Law of the Sea.
The two sides condemned terrorism in all forms, and Vietnam shared India’s
concern that terrorism is one of the most serious threats to global peace,
security and stability.
President Ram Nath Kovind invited his Vietnamese counterpart to visit India,
which the latter accepted with pleasure.
Source: VNA
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