VN, India ink Action Program for 2017-2020 phase

Deputy PM, FM Pham Binh Minh and Indian Minister of External Affairs Sushma Swaraj on July 4 inked the Action Program for the implementation of the comprehensive strategic partnership in 2017-2020 in New Delhi, India.

The action plan, a crucial framework, heads to direct comprehensive cooperation of the bilateral relations, including politics, national defense-security, economics, connection, science-technology, information technology, education-training, culture-tourism and people-to-people exchanges, justice, health-agriculture-aquaculture, finance-credit and cooperation at international and regional forums.

The signing took place during the official visit to India by Deputy PM, FM Pham Binh Minh who held talks with Minister Sushma Swaraj.

The two sides hailed their relationship since Viet Nam and India set up diplomatic ties in 1972. The establishment of strategic partnership in 2007 and comprehensive strategic partnership in 2016 showed strong political trust formed by the two countries, creating an important framework for them to bolster collaboration across politics-diplomacy, defense-security, economy-trade, science-technology, culture and education.

The Viet Nam-India subcommittee for trade cooperation should convene a meeting soon to seek ways to increase two-way trade to US$15 billion in 2020, including providing information and support for businesses, creating favorable conditions for the entry of respective goods, and strengthening connections in all fields, the supposed.

They also agreed to beef up affiliation within the framework of the ASEAN-India free trade agreement, and foster collaboration with regional countries in speeding up and finalizing the Regional Comprehensive Economic Partnership (RCEP).

Indian investment in Viet Nam has reached US$722 million, ranking 26th among 119 countries and territories investing in Viet Nam, expressing his hope that India will become one of the leading investors in Viet Nam soon, said Mr. Minh.

The two leaders consented to bolster cooperation in promising areas, such as software development, IT, banking-finance, logistics, mechanic manufacturing, garment and textile, energy and renewable energy, and pharmaceuticals.

They affirmed interests in expanding cooperation in training and scientific research, and cultural and people-to-people exchanges, highlighting the need to maintain partnership in defense-security with India continuing its training and technical support programs as well as soft loan provision and cooperation in coping with non-traditional security challenges.

As the coordinating country for the ASEAN-India relations in 2015-2018, Viet Nam advocates India to strengthen comprehensive cooperation and closer connectivity with the bloc and make positive contributions as a powerful country in Asia, stated Deputy PM Minh.

They stressed the principle of respecting international law and settling disputes through peaceful measures in conformity with international law, the United Nations Charter and the 1982 UN Convention on the Law of the Sea (UNCLOS).

The same day, Minh paid a courtesy visit to Vice President and Chairman of the Senate Hamid Ansari.

At the meeting, the Indian Vice President affirmed that the Indian National Assembly and people advocate the two nations' relations, expecting that the two sides' ministries and agencies will enhance exchanges and coordination to accelerate their cooperative areas more comprehensively and intensively.

For his side, Deputy PM Minh confirmed that the Vietnamese Ministry of Foreign Affairs will work with the Indian ministries and sectors to boost cooperation across politics, economics-trade, defense-security, culture-education, science-technology, and other potential areas.

Source: Online Newspaper of the Government of the Socialist Republic of Vietnam