Both sides hailed the effective defence cooperation between the two countries, describing it as a key pillar in the bilateral ties, and lauded the implementation of the US$100 million credit package to support Vietnam’s border forces in building high-speed patrol boats. They consented to maintain the frequent exchange of visits and meetings at all levels, as well as people-to-people exchanges between the two countries, and effectively carry out existing cooperation mechanisms and look for new measures to promote bilateral relations. The leaders asked concerned ministries and sectors to hold dialogues to explore possibilities of opening up their markets, especially for goods of their strength. PM Phuc thanked Indian leaders, especially Prime Minister Modi, for their goodwill and willingness to discuss solutions to ease trade protection, thereby protecting the interests of Vietnamese enterprises. He was appreciative of India’s investment in fields of its strengths and meeting Vietnam’s demand such as energy, renewable energy, and high-tech agriculture. Both sides concurred to advance cooperation between the Oil and Natural Gas Corporation of India and the Vietnam Oil and Gas Group (PetroVietnam), especially in terms of stepping up the search and exploration of oil. They also agreed to actively realize the memorandum of understanding… Read full this story
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