India & Vietnam sign 12 agreements; Modi offers US $500 Mn credit line for defence cooperation

Prime Minister Narendra Modi arrived in the Vietnamese capital Hanoi on Friday night and was given a ceremonial welcome. Modi, who is the fourth Indian High Minister to go to Vietnam in approximately 50 years, began his day using reminiscence of national heroes and martyrs at their monuments. Comply with stay updates here: PM Modi seeks facilitation of ongoing Indian tasks and investments in Vietnam; units bilateral exchange target folks $15 billion by way of 2020.

After national anthems of both India and Vietnam were played using the armed forces band, dressed in sharp white with gold tassels and black gumboots, the Top minister inspected a shield of honor using the three defense forces the host USA. Shortly afterward, in a white churidar kurta with a gray jacket, Modi was taken to the common-or-garden traditional stilt residence close to the palace where Vietnam’s cherished chief Ho Chi Minh lived intermittently between 1958 and 1969. He was proven the place by the Vietnamese president.

India and Vietnam signed 12 agreements in various areas protecting the defense, IT, space, double taxation, and sharing white transport information, signaling a sturdy upward thrust of their strategic ties. The agreements had been signed by officers of the two sides in the presence of High Minister Narendra Modi and his Vietnamese counterpart Nguyen Xuan Phuc right here. “12 for togetherness! India & Vietnam signal a dozen agreements for similarly strengthening the Strategic Partnership,” External Affairs Ministry Spokesperson Vikas Swarup tweeted.



The pacts protected settlement on exploration and used outer space for nonviolent purposes, agreement on avoidance of double taxation, health cooperation, IT cooperation, cyber protection and understanding on contract and design, constructing the boat in India, equipment delivery, etc., and era transfer.

Stay updates:

10:forty AM
# India offers a supply of us #five million to install a software park in Vietnam.

# Modi seeks to facilitate ongoing Indian projects and investments in Vietnam; units bilateral alternate goal people $15 billion through 2020.

# PM Narendra Modi broadcasts a brand new line of credit people $500 million for Vietnam to facilitate deeper defense cooperation.
10:23 AM

PM Modi addresses the media

# Thank you, excellency, for extending me the privilege of, in my view, taking me on a pilgrimage to Ho Chi Minh’s residence.

# Buddhism & monuments of Vietnam’s Hindu Cham temples testify to the 2000-year vintage bonds among our societies.

# Your commitment to kingdom-building displays the energy of the individual. India in-demand, your determination, had fun for your fulfillment.

# As crucial nations in this area, we also experience our ties to local and worldwide problems of unsurprising concern.

# We agreed to faucet into growing economic opportunities within the area. Known need to cooperate in responding to emerging nearby challenges.

# We agreed to deepen defense & security engagement. Glad to announce new defense LoC folks$ 500 million for facilitating deeper defense cooperation

# Beneath Vietnam’s leadership as ASEAN Coordinator for India, we can make paintings closer to a bolstered India-ASEAN partnership across all areas.

# We will take delight in the nature & direction of our collaboration. We should stay centered on keeping up the momentum in our ties.

09:22 AM
India and Vietnam signal 12 regional agreements, including defense and IT, to boost bilateral ties.
09:15 AM
A complete review of the Strategic Partnership. PM Modi & PM Nguyen Phuc lead delegation-level talks
07:47 AM
go to Vietnam’ reinforcement of friendship, harmony’: PM Modi

Declaring that India and Vietnam proportion ‘historically near family members,’ Prime Minister Narendra Modi has said his go-to to Hanoi is a ‘reinforcement of friendship, solidarity, and complete cooperation among the two leaderships. In an interview with Vietnam news employer, Top Minister Modi stated his visit is supposed to, in addition, increase bilateral and multilateral engagement and cooperation in the fields of politics, economic system, trade, tradition, human useful resource improvement, technological know-how and technology, space studies, defense, and protection amid New Delhi and Hanoi.

07:46 AM
PM Modi and PM Nguyen Xuan Phuc meet for a tete-a-tete before formal talks
07:forty four AM
PM Modi and PM Phuc feed fish in Uncle Ho’s pond inside the Presidential compound
07:29 AM
View the photograph on Twitter
View the image on Twitter
Comply with
PMO India ✔ @PMOIndia
A tribute to one of the most reputable icons of the twentieth century…PM @narendramodi at the Ho Chi Minh Mausoleum.
7:06 AM – three Sep 2016
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07:29 AM
A visit to a location deeply respected via Vietnamese! PM visits Nha San Bac Ho, President Ho Chi Minh’s stilt residence (%- MEA)