Vietnam - India show high confidence in the partnership

30/10/2014


The visit of Prime Minister Nguyen Tan Dung to India ended with great success, demonstrated by the major and important results follows:
First, the two sides reaffirmed  relations and consensus on further deepening strategic partner relationships and developing comprehensive cooperation between the two countries in all fields, including politics, economy, defense and security, science and technology, education and culture. Prime Minister Narendra Modi and other Indian leaders asserted that the two sides consistently advocated the traditional friendship and strategic partnership between Vietnam and India, considered Vietnam as an important pillar in the East policies of India. The two sides agreed to strengthen exchanges of visits at high levels and at all levels, on all channels such as the Party, the Government and the National Assembly; cooperation between ministries, sectors, localities and people exchanges; confirmed further promote the efficiency of the existing cooperation mechanisms such as the Intergovernmental Committee, Political Strategic Dialogue, Dialogue on Defence Policy, economic science and technology , culture, education, oil and gas cooperation, ...; successfully implementing the agreement signed between the two countries; promoting establish new cooperation mechanisms in accordance with the requirements of development cooperation between the two countries.
Second, for the development of strategic partnership relations and comprehensive cooperation, the two sides emphasized to strengthen and deepen the pillars of economy, trade, investment and defense-security. Economically, the two sides agreed to consider strengthening economic cooperation as a strategic goal of bilateral relations; striving to achieve $15 billion in 2020. Prime Minister Narendra Modi made statement that India was ready to lend  Vietnam a loan of $300 million to import raw materials for a number of economic sectors to help Vietnam diversifying the supply of inputs, to avoid being dependent on a market; agreed to create favorable conditions to consider opening up the market for investment, Vietnam’s goods, especially agricultural products, aquatic products, rubber and wood products. India also invited Vietnam to attend business forum in India, first as a business forum in the state of Gujarat and wanted the two sides would jointly organizeda business forum on tourism in Bodh Gaya in early 2015.
For defense and security, the two sides agreed to further strengthen cooperation on defense and security which base on mechanisms and the existing cooperation agreement; increase the exchange of delegations, dialogues on defense and security policies. India agreed to continue to assist Vietnam in credit, training and capacity building of national defense and sharing the experiences of participating in the peacekeeping force of the United Nations ... The two sides agreed to enhance cooperation, share information and experiences on defense and security, coordination in related multilateral fora such as ADMM Plus, ARF ...
On the other areas of cooperation, the two sides agreed to strengthen cooperation on aviation and sea connections; stressed the need to take advantage of opportunities in the two countries’ airlines to open direct flights between Vietnam and India to boost cooperation in tourism, trade and investment. Jet Airways has launched non-stop flights Delhi - Ho Chi Minh City. Vietjet Air is negotiating with Indian partners to open route between Hanoi - Bodh Gaya; strengthen cooperation in science and technology, culture, education and training ...; sign a cooperation agreement in the field of remote sensing in short coming time; efficiently organize every two years Friendship Festival between Vietnam-India.
Third, the two sides agreed to international and regional issues of mutual concern, including the South China Sea issue. The two sides will continue cooperating in international fora such as the ASEAN-India, East Asia Summit (EAS), cooperation Mekong-Ganga, ASEM, accelerating the negotiation on Regional Comprehensive Economic Partnership (RCEP).
Regarding the South China Sea issue, the two sides stressed the importance of ensuring peace, stability, security, safety, freedom of navigation and aviation in the South China Sea, settling disputes by peaceful means, do not use or threat to use of force, complying with international law, the UN Convention on the Law of the Sea 1982 and Declaration on the conduct of Parties in the East Sea (DOC), supporting the rapid achievement of COC. India asserted stance in favor of Vietnam and ASEAN in resolving South China Sea issue, the request of necessary to ensure freedom of navigation, unimpeded aviation, respecting the legitimate rights and interests of the countries in the South China Sea... India agreed to further strengthen cooperation with Vietnam to explore and exploit oil and gas in the waters of Vietnam in the South China Sea. India at the same time affirmed willing to cooperate with Vietnam and ASEAN in implementing initiatives to develop mechanisms to maintain and ensure peace, stability, cooperation and development in this area.
Finish the visit, the two sides issued a joint statement on the results of the visit and signed several important cooperation agreements.
Both sides expressed high confidence in the political system and the field of bilateral cooperation while reflecting the general consensus on international and regional issues of mutual interest, including the South China Sea issues. This is particularly significant importance of the traditional friendship relationship and strategic partnership between Vietnam-India. The above important results of the visit have deepenned the traditional friendship relations, strategic partnership between the two countries and developped comprehensively, and effectively partnership of the two countries on the fields of politics, economy, trade, investment, national defense, security, oil and gas cooperation, science and technology, culture, education, tourism, people exchange ...
The visit also created conditions for the two countries to exploit the potential of new areas of cooperation, continueing to support each other on the basis of mutual benefits, including the promotion of cooperation in agriculture, fisheries, infrastructure, power, oil and gas, space, technology and information. India confirmed to  support Vietnam in the diversification of the supply of raw materials for economy, industry; expand connectivity by air or sea... The target 15 billion USD of bilateral trade in 2020 is certainly achievable and India will probably become one of the leading and territories investing in Vietnam.

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