New Delhi: In a bid to boost bilateral ties, India and Vietnam on Tuesday signed seven agreements here.
The agreements were signed in the presence of Prime Minister Narendra Modi and his Vietnamese counterpart Nguyen Tan Dung, who arrived here today on a two-day visit.
Speaking on the occasion, PM Modi said that India and Vietnam share a historical spiritual and cultural bond.
“Vietnam is an important pillar of India's look east policy,” the Prime Minister said in an address to the gathering.
“Both of us believe in maintaining peace and prosperity in the region,” PM Modi said, referring to his Vietnamese counterpart.
“Our partnership is important for security in the region... we both believe that all maritime disputes should be resolved as per international laws,” the PM said, apparently referring to the dispute over South China Sea.
The PM informed that the two countries have agreed to increase cooperation in counter-terrorism and space technologies. He added that India will launch Vietnamese satellites.
PM Modi also underscored India's commitment to providing support for modernisation of Vietnam's security forces.
“We will soon operationalise USD 100 million line of credit for Vietnam,” the PM said.
Thanking the Vietnamese PM for his visit, Modi noted, “PM Nguyen Tan Dung's state visit has given a new energy to our strategic partnership.”