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  • Home
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  • DAILY CURRENT AFFAIRS:India, Vietnam sign Joint Vision Statement on defence partnership towards 2030

India, Vietnam sign Joint Vision Statement on defence partnership towards 2030

Tags: International Relations

India and Vietnam signed an important Joint Vision Statement on defence partnership during the visit of the Defence Minister Rajnath Singh to Vietnam on 8 June 2022. He is on a three day visit to Vietnam to consolidate the bilateral defence ties as well as the comprehensive strategic partnership.

Highlights of his visit 

  • The Indian Defence minister and the Vietnamese Minister of National Defence General Phan Van Giang signed the ‘Joint Vision Statement on India-Vietnam Defence Partnership towards 2030’ in Hanoi, Vietnam.
  •  On the occasion, a Memorandum of Understanding on Mutual Logistics Support was also  signed  
  • This is a major step towards simplifying procedures for mutually beneficial logistic support and is the first such major agreement which Vietnam has signed with any country.
  • During the meeting, both Ministers also agreed for early finalisation of the 500 million dollar defence loan given to Vietnam by India .Implementation of the defence projects will add substantially to Vietnam’s Defence capabilities. 
  • Mr. Singh also announced gifting two simulators and monetary grant towards setting up of Language and IT Lab at Air Force Officers Training School for capacity building of Vietnamese Armed Forces.
  • Later Rajnath Singh will preside over the handing over ceremony of 12 high-speed guard boats constructed under the government of India’s USD 100 million defence line of credit to Vietnam at the Hong Ha Shipyard in Hai Phong.
  • Rajnath Singh is also scheduled to call on Vietnamese President Nguyen Xuan Phuc and Prime Minister Pham Minh Chinh.


India Vietnam Relation

  • Vietnam has become an important partner in India’s Act East policy and the Indo-Pacific vision. 
  • It has an uneasy relation with China and it defeated the Chinese in a brief war in 1979.  India which also has an uneasy relationship with China has close relations with China.

South China Sea issue

  • It is involved in a dispute with China on the South China Sea Island. China  claims nearly all of the disputed South China Sea islands, though Taiwan, the Philippines, Brunei, Malaysia and Vietnam all claim parts of it. Beijing has built artificial islands and military installations in the South China Sea.
  • India favours free and open navigation right in the South China Sea which is threatened by China.

Oil exploration in South China Sea 

  • India has oil exploration projects in the Vietnamese waters in the South China Sea. India and Vietnam are boosting their maritime security cooperation in the last few years to protect common interests.
  • In 2016, during Prime Minister Modi’s visit to Vietnam, the bilateral relations were further elevated to a “comprehensive strategic partnership”.

Vietnam 

It lies in South East Asia 

Capital : Hanoi

Currency: Dong

President :Nguyen Xuan Phuc

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