POLITICS

Vietnam, India issue joint statement, ink 8 deals

Tuoitrenews

Updated : 11/21/2013 15:10 GMT + 7

Vietnam and India issued a Joint Statement and signed eight cooperation agreements on Wednesday during the ongoing visit to India by General Secretary of the Communist Party of Vietnam Nguyen Phu Trong.

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The visit, scheduled from November 19 to 23, is made at the invitation of Prime Minister of the Republic of India Manmohan Singh, focusing on measures to further strengthen and deepen the Strategic Partnership between the two countries.

During talks with Vietnam’s Party leader Trong, Prime Minister Singh said that Vietnam is a pillar of India 's Look East Policy, while Trong said Vietnam always pays attention to maintaining and developing its traditional friendship and strategic cooperation with India.

The two sides reached consensus on concrete steps to promote cooperation in the five pillars of the strategic partnership, including politics, defense and security; economics and trade; science and technology; culture and technique; and regional and multilateral issues, which were set in their statement of strategic partnership establishment.

Bothe the host and guest agreed to make efforts to implement the agreements reached at the 15th meeting of their joint committee on economy, trade and science and technology cooperation, with the aim of bringing two-way trade turnover to US$7 billion in 2015, and targeting $15 billion in 2020.

General Secretary Trong and the India PM also agreed to maintain and expand cooperation in oil and gas exploration and exploitation in Vietnam’s territorial waters in the East Sea.

The two sides also discussed regional and international issues of mutual concern.

Eight agreements

Following their talks, the two leaders witnessed the signing of eight cooperation documents, including the Air Service Agreement, an MoU on the establishment of the Indira Gandhi Hi-tech Crime Lab in Hanoi, an agreement on Protection of Classified Information, an MoU between two Ministries of Finance, a cooperation agreement between Hanoi National University and Indian Council for Scientific and Industrial Research, an MoU on cooperation between India Institute of Management (IIM) Bangalore and Ho Chi Minh National Academy of Public Administration, an MoU between Vietnam Oil and Gas Group and ONGC Videsh Limited (OVL), and an MOU between the Vietnamese Ministry of Industry and Trade and Tata Power Ltd on the development of the 1,320 MW Long Phu 2 Thermal Power Project in Soc Trang province, Vietnam.

Both sides later issued Joint Statement, emphasizing that India - Vietnam agree to further strengthen and deepen the Strategic Partnership between the two countries. In the instrument, the leaders of both countries reiterated their desire and determination to work together to maintain peace, stability, growth and prosperity in Asia.

They agreed that freedom of navigation in the East Sea should not be impeded and called the parties concerned to exercise restraint, avoid threat or use of force and resolve disputes through peaceful means in accordance with universally recognized principles of international law, including the United Nations Convention on the Law of the Sea (UNCLOS).

They also welcomed the collective commitment of the concerned parties to abide by and implement the 2002 Declaration on the Conduct of Parties in the East Sea and to work towards the adoption of a Code of Conduct in the East Sea.