Prime Minister Narendra Modi and his Vietnamese counterpart Pham Minh Chinh agreed to further strengthen the Vietnam-India Comprehensive Strategic Partnership in all areas.
The two leaders also recognised convergence in their world view and expressed support for a greater voice and role for Global South in international affairs, a joint statement following Vietnam PM’s visit stated.
On the basis of the existing excellent bilateral relations, the two leaders agreed to maintain regular exchanges at all levels. PM Modi and PM Chinh appreciated multi-dimensional institutional mechanisms between the two countries in the fields of foreign policy, security and maritime domain, defence cooperation, parliamentary exchanges, trade and investment, agriculture, healthcare, civil aviation, information and communication technology, science and technology including space and nuclear technology, tourism and culture.
They agreed to intensify and strengthen the bilateral dialogue in various domains, including the Joint Commission for Economic, Trade, Scientific and Technological Cooperation for mutual benefit. They welcomed the signing of the Plan of Action for the implementation of the Comprehensive Strategic Partnership for the period of 2024-2028.
As two rapidly growing economies, the leaders of India and Vietnam agreed to reinforce cooperation at the level of governments and businesses for increasing two-way trade, investment and technological partnership. The leaders agreed to further elevate trade from the present level of around USD 15 billion.
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