On August 1, at the Presidential Palace, Prime Minister Pham Minh Chinh and Indian Prime Minister Narendra Modi held talks, according to Vietnam's Ministry of Foreign Affairs.
Prime Minister Pham Minh Chinh and Indian Prime Minister Narendra Modi agreed to further consolidate traditional areas of cooperation and expand into new potential areas.
The two sides agreed to maintain frequent exchanges of delegations and high-level contacts at all levels and channels, and agreed to annually meet the Prime Ministers of the two countries through visits or contacts at multilateral conferences; Further strengthen the role of the Joint Committee co-chaired by the Foreign Ministers of the two countries in reviewing and concretizing areas of cooperation and urging the effective implementation of the Action Program to implement Partnership relations. Comprehensive Strategy for the period 2024 - 2028.
The two Prime Ministers highly appreciated that the two countries are effectively implementing the Joint Declaration on the Vietnam-India defense partnership to 2030 (signed in 2022), agreeing to expand cooperation in defense industry and security industry, promoting cooperation in maritime security, reliable cooperation in cyber security, exchange of intelligence information and anti-terrorism.
The two Prime Ministers expressed their agreement to deploy strong measures towards the goal of doubling two-way trade and investment turnover compared to current levels by 2030.
The two sides agreed and assigned the relevant agencies of both sides to regularly discuss, through existing mechanisms, to remove trade barriers as well as promote other trade promotion measures.
Prime Minister Pham Minh Chinh asked India to actively consider the proposal of Vietnamese businesses to issue new/extend Indian Standard (BIS) certificates for goods imported from Vietnam, suggesting Propose to soon sign an Agreement on E-commerce and a Bilateral Trade Agreement to maximize the retail market in accordance with new trends.
Prime Minister Pham Minh Chinh encourages large corporations and Indian technology billionaires to invest in Vietnam, creating large symbolic projects of economic cooperation between the two countries, welcoming the flow of chain shifts. supply and help the two countries better participate in the global supply chain.
After the talks, the two sides witnessed the handing over of 9 cooperation documents and the presentation of a Note on Vietnam joining the Alliance for Disaster Resilient Infrastructure (CDRI).
The two sides approved the Joint Declaration on Strengthening the Comprehensive Strategic Partnership and the two Prime Ministers pressed the button to open the Military Software Park in Nha Trang.
9 Vietnam - India cooperation documents include:
1. Vietnam-India Comprehensive Strategic Partnership Action Program for the period 2024-2028.
2. Memorandum of understanding on legal and judicial cooperation between the Ministry of Justice of Vietnam and the Ministry of Law and Justice of India.
3. Memorandum of understanding on radio and television cooperation between the Voice of Vietnam and Prasar Bharati Radio India.
4. Two credit loan agreements between the Ministry of Finance of Vietnam and the Export-Import Bank of India worth 300 million USD.
5. Memorandum of Understanding between the Ministry of Culture, Sports and Tourism of Vietnam and the Indian Ministry of Ports, Shipping and Waterways on cooperation and development of the National Maritime Heritage Complex (NMHC) at Lothal, Gujarat.
6. Letter of Intent between the Government of Vietnam and the Government of India on the conservation and restoration of Tower F in My Son, Quang Nam, Vietnam.
7. Memorandum of Understanding between the General Department of Vietnam Customs and the Indian Customs and Indirect Taxes Authority on human resource training.
8. Memorandum of understanding between the Department of Traditional Medicine and Pharmacy (Ministry of Health of Vietnam) and the National Medicinal Materials Committee of India on cooperation in the field of medicinal plants.
9. Memorandum of Understanding between Vietnam Academy of Agricultural Sciences and Central Agricultural University Imphal, Manipur.
