India and Vietnam sign joint vision statement on 2030 defense partnership

India and Vietnam have signed the “Joint Vision Statement on India-Vietnam Defense Partnership 2030”, which will greatly enhance the scope and scale of existing defense cooperation.

Defense Minister Rajnath Singh held bilateral talks with Vietnamese Minister of National Defense General Phan Van Giang in Hanoi on June 8, 2022.

Extensive discussions on effective and practical initiatives to further expand bilateral defense engagements and regional and global issues have taken place between the two sides. A Memorandum of Understanding on Mutual Logistic Support was also signed.

The two ministers also agreed to the rapid finalization of a $500 million defense line of credit granted to Vietnam.

The implementation of the projects will significantly add to Vietnam’s defense capabilities and reinforce Prime Minister Modi’s vision of “doing in India, doing for the world”.

At a time of growing cooperative commitments between the defense forces of the two countries, this is a major step towards streamlining mutually beneficial logistics support procedures and is the first major agreement of its kind that the Vietnam has signed with any country, the defense ministry said in a statement. statement.

Singh also announced the donation of two simulators and a monetary grant for the establishment of a language and computer lab at the Air Force Officer Training School for capacity building. capabilities of the Vietnamese Armed Forces.

India and Vietnam continue to enjoy the most reliable relations in contemporary times with greater convergence of common interests and concerns. Bilateral defense engagements have spanned a period of time to include numerous contacts between the two countries, including defense policy dialogues, military-to-military exchanges, high-level visits, reinforcement programs capabilities and training, cooperation in United Nations peacekeeping, ship visits and bilateral exercises.

Powered by Capital Market – Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear reader,

Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.

As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor


Comments are closed.