India & Vietnam sign 12 agreements; Modi offers US $500 Mn credit line for defence cooperation
Follow live updates here: PM Modi seeks facilitation of ongoing Indian projects and investments in Vietnam; sets bilateral trade target of US $15 billion by 2020.
Prime Minister Narendra Modi, who arrived in Vietnamese capital Hanoi on Friday night, was given a ceremonial welcome, on Saturday morning.
Modi, who is the fourth Indian Prime Minister to visit Vietnam during past about 50 years, began his day by paying homage to national heroes and martyrs at their monuments.
After national anthems of both India and Vietnam were played by the armed forces band, dressed in sharp white with gold tassels and black gum boots, the prime minister inspected a guard of honour by the three armed forces of the host country.
Immediately afterwards Modi, in white churidar kurta with grey jacket, was taken to the humble traditional stilt house near the palace where Vietnam's beloved leader Ho Chi Minh lived intermittently between 1958-1969. He was shown the place by the Vietnamese president.
India and Vietnam signed 12 agreements in a wide range of areas covering defence, IT, space, double taxation and sharing white shipping information, signalling a strong upward push in their strategic ties.
The agreements were signed by officials of the two sides in presence of Prime Minister Narendra Modi and his Vietnamese counterpart Nguyen Xuan Phuc here.
"12 for togetherness! India & Vietnam sign a dozen agreements for further strengthening the Strategic Partnership," External Affairs Ministry Spokesperson Vikas Swarup tweeted.
The pacts included agreement on exploration and uses of outerspace for peaceful purposes, agreement on avoidance of double taxation, health cooperation, IT cooperation, cyber security and agreement on contract and design, building of boat in India, equipment supply and technology transfer.
Live updates:
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Follow live updates here: PM Modi seeks facilitation of ongoing Indian projects and investments in Vietnam; sets bilateral trade target of US $15 billion by 2020.
# India offers a grant of US #5 million to set up a software park in Vietnam.
# Modi seeks facilitation of ongoing Indian projects and investments in Vietnam; sets bilateral trade target of US $15 billion by 2020.
# PM Narendra Modi announces a new line of credit of US $500 million for Vietnam to facilitate deeper defence cooperation.
PM Modi addresses media
# Thank you excellency for extending me privilege of personally taking me on pilgrimage to Ho Chi Minh’s house.
# Buddhism & monuments of Vietnam’s Hindu Cham temples stand testimony to the 2000 year old bonds between our societies.
# Your commitment to nation building reflects strength of character. India admired your determination, rejoiced in your success.
# As two important countries in this region, we also feel it necessary to further our ties on regional and international issues of common concern.
# We agreed to tap into growing economic opportunities in the region. Recognised need to cooperate in responding to emerging regional challenges.
# We agreed to deepen defence & security engagement. Happy to announce new defence LoC of US$ 500 million for facilitating deeper defence co-operation
# Under Vietnam's leadership as ASEAN Coordinator for India, we will work towards a strengthened India-ASEAN partnership across all areas.
# We can take satisfaction from nature & direction of our partnership.We must stay focused to keep up the momentum in our ties.
India and Vietnam sign 12 agreements for cooperation in areas, including defence and IT, to boost bilateral ties.
A comprehensive review of the Strategic Partnership. PM Modi & PM Nguyen Phuc lead delegation level talks
Visit to Vietnam 'reinforcement of friendship, solidarity': PM Modi
Asserting that India and Vietnam share 'traditionally close relations', Prime Minister Narendra Modi has said that his visit to Hanoi is a 'reinforcement of friendship, solidarity and comprehensive cooperation' between the two leaderships.
In an interview to Vietnam news agency, Prime Minister Modi said his visit is intended to further boost bilateral and multilateral engagement and cooperation in the fields of politics, economy, commerce, culture, human resource development, science and technology, space research, defence and security amid New Delhi and Hanoi.
PM Modi and PM Nguyen Xuan Phuc meet for a tete-a-tete before formal talks
PM Modi and PM Phuc feed fish in Uncle Ho's pond in the Presidential compound
A visit to a location deeply revered by Vietnamese! PM visits Nha San Bac Ho, President Ho Chi Minh's stilt house (Pic- MEA)
