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India-Vietnam Ties Strengthened: Key Bilateral Meeting Underway
The two countries signed 13 agreements on digital payments, rare earths and defence as they seek deeper cooperation and supply chain resilience.
- On Wednesday, Indian Prime Minister Narendra Modi and Vietnamese President To Lam elevated ties to an Enhanced Comprehensive Strategic Partnership in New Delhi, setting a $25 billion annual trade target by 2030.
- President Lam arrived in Delhi on Tuesday for his first state visit, marking a 'significant juncture' as both nations celebrate ten years of comprehensive strategic cooperation.
- Following the meeting, the two sides signed 13 agreements to deepen engagement across digital payments, rare earth minerals, and pharmaceuticals, aiming to provide fresh momentum to robust bilateral relations.
- Modi and Lam deliberated on the Indo-Pacific situation amid China's increasing assertiveness, agreeing to continue contributing to rule-of-law, peace, stability, and prosperity through strengthened defence cooperation.
- Vietnam remains a key pillar of India's Act East Policy, while the partnership allows the Southeast Asian nation to hedge against superpower dependence as both countries aim to broaden ASEAN relations.
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India, Vietnam target $25b trade
India and Vietnam are looking to ramp up bilateral trade to $25 billion by 2030, Prime Minister Narendra Modi said Wednesday, following talks with President To Lam in New Delhi. "Bilateral trade between India and Vietnam has doubled in the last decade and reached $16 billion. Today, we have taken several important decisions to take it to $25 billion by 2030," Modi said in a speech. "We will take our cooperation to new hights." Lam, on his first …
·Pakistan
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"Outcomes of talks between India, Vietnam reflect scope of new ambition": MEA
Speaking on the ongoing State visit of the Vietnamese President, Kumaran said the meeting provided both leaders with an opportunity to review progress across key pillars of the bilateral relationship and set a forward-looking agenda.
·India
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Coverage Details
Total News Sources19
Leaning Left2Leaning Right2Center4Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 25%
C 50%
R 25%
Factuality
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