December 21, 2020 Share
A virtual summit with Vietnam is being held from today where PM Modi will initiate talks with counterpart Nguyen Xuan Phuc to discuss the future development of the India-Vietnam comprehensive strategic partnership.
In the Summit, they will exchange views on wide-ranging bilateral, regional and global issues and provide guidance for the future development of the India-Vietnam Comprehensive Strategic Partnership. A Number of agreements and announcements are likely to be made covering areas such as defense, energy, development partnership, and healthcare. Various opportunities in renewable energy cooperation will also be explored.
India’s development and capacity building assistance to Vietnam through initiatives such as Quick Impact Projects (QIPs), ITEC and e-ITEC initiatives, Ph.D. fellowships, as well as projects in water resource management in Vietnam’s Mekong Delta region, SDGs, digital connectivity, and heritage conservation are also likel
Prime Minister Modi to hold virtual summit with Vietnamese counterpart today
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PM Modi to hold Virtual Summit with his Vietnamese counterpart Nguyen Xuan Phuc today
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File: Prime Minister Narendra Modi and Vietnam counterpart Nguyen Xuan Phuc
NEW DELHI: Prime Minister Narendra Modi will hold an important summit meeting with his Vietnam counterpart Nguyen Xuan Phuc Monday, as India and Vietnam continue to bear the brunt of Chinese expansionism. Defence ties between the two countries, like in the recent past, will again be one of the main focus areas with Vietnam set to acquire a high-speed patrol boat from India and both the sides looking to finally operationalise a $500 million Line of Credit (LOC) offered by India to Hanoi for defence procurement.
In a significant statement last week, Vietnam ambassador to India Pham Sanh Chau had said Vietnam was looking forward to more investments by Indian companies in its oil and gas sector, in particular to Essar Exploration group ramping up its investment to $11 billion.