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

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.

Prime Minister Narendra Modi, who arrived in Vietnamese capital Hanoi on Friday night, turned into given a ceremonial welcome, on Saturday morning.

Modi, who is the fourth Indian High Minister to go to Vietnam for the duration of beyond approximately 50 years, began his day by means of reminiscent of national heroes and martyrs at their monuments.

After national anthems of both India and Vietnam were played by using the armed forces band, dressed in sharp white with gold tassels and black gum boots, the Top minister inspected a shield of honour by using the 3 defense force of the host usa.

Right away afterwards Modi, in white churidar kurta with gray jacket, become taken to the common-or-garden traditional stilt residence close to the palace where Vietnam’s cherished chief Ho Chi Minh lived intermittently between 1958-1969. He was proven the place via the Vietnamese president.

India and Vietnam signed 12 agreements in a wide range of areas protecting defence, IT, space, double taxation and sharing white transport information, signalling a sturdy upward thrust of their strategic ties.

The agreements had been signed through officers of the two sides in 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.

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The pacts protected settlement on exploration and makes use of of outerspace for non violent purposes, agreement on avoidance of double taxation, health cooperation, IT cooperation, cyber protection and agreement on contract and design, constructing of boat in India, equipment deliver and era transfer.PM @narendramodi and PM Nguyen Xuan

stay updates:

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

# Modi seeks facilitation of 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 defence cooperation.
10:23 AM
PM Modi addresses media

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

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

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

# As crucial nations on this area, we also experience it vital to in addition our ties on local and worldwide problems of not unusual 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 defence & security engagement. Glad to announce new defence LoC folks$ 500 million for facilitating deeper defence co-operation

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

# We will take delight from nature & direction of our partnership.We should stay centered to keep up the momentum in our ties.
09:22 AM
India and Vietnam signal 12 agreements for cooperation in regions, which include defence 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 to Vietnam ‘reinforcement of friendship, harmony’: PM Modi

Declaring that India and Vietnam proportion ‘historically near family members’, Prime Minister Narendra Modi has said that his go to to Hanoi is a ‘reinforcement of friendship, solidarity and complete cooperation’ among the two leaderships.

In an interview to Vietnam news employer, Top Minister Modi stated his visit is supposed to in addition increase bilateral and multilateral engagement and cooperation inside the fields of politics, economic system, trade, tradition, human useful resource improvement, technological know-how and technology, space studies, defence 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 photograph on Twitter
View image on Twitter
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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)