Prime Minister Nguyen Tan Dung held talks with his Indian counterpart Narendra Modi in New Delhi on October 28, during which both reaffirmed their commitment to comprehensively developing the bilateral strategic partnership.

PM Nguyen Tan Dung and Indian President Narendra Modi at the the meeting (Photo: VNA)

The two PMs also reached the consensus on major measures and orientations for the two countries’ collaboration in politics, economy, defence security, science technology, culture and education.

Both sides spoke highly of the rapid development of the bilateral economic ties, stressing the need to further the efficiency of the economic cooperation in order to raise two-way trade to 15 billion USD by 2020.

PM Nguyen Tan Dung vowed to create favourable conditions for the two countries’ businesses to strengthen economic, trade and investment ties in fields that both hold advantages such as oil and gas, energy, infrastructure construction, information technology, agricultural product processing and pharmaceuticals.

For his part, PM Narendra Modi said that he will encourage Indian companies to invest in Viet Nam and help the country diversify material resources for industries, particularly the garment and textile sector. He suggested Vietnamese businesses take advantage of India’s economic development programmes like “Make in India” in order to boost mutually beneficial collaboration.

Both sides agreed to continue promoting cooperation in defence and security as well as in science-technology, culture and education, adding that with the launch of a direct air route next month, the two countries will initially set up their aviation link.

They pledged to continue effective and close coordination at such regional and international forums as ASEAN-India cooperation, East Asia Summit, ASEAN Regional Forum and Regional Comprehensive Economic Partnership, and within the framework of the United Nations. Viet Nam reiterated its support for India to become a member of the UN Security Council when this mechanism expands.

(Source: VNA)