Daring Prime Minister Narendra Modi, former finance minister P. Chidambaram on Saturday said the government should publish the contemplated white paper on the economic situation in the country before the Narendra Modi dispensation presented its first budget in 2014.
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India and Vietnam also made a decision to upgrade their strategic partnership to a Comprehensive Strategic Partnership and provide future cooperation a new direction, momentum and substance.
India has pledged a US$500 million credit line to help boost its military cooperation with Vietnam.
MoUs were signed for cooperation in the field of health, mutual recognition of standards, cooperation between the Vietnamese Academy of Social Science and the Indian Council for World Affairs, cooperation in the field of cyber security, and cooperation in information technology.
Hangzhou: Prime Minister Narendra Modi on Sunday told Chinese President Xi Jinping about India’s concerns over terrorism emanating from Pakistan’s restive regions through whih the $46 billion China-Pakistan Economic Corridor is being built.
Prime Minister Modi also called on Vietnamese President Tran Dai Quang at the Presidential Palace today.
India’s bilateral trade with Vietnam now stands at $7.8 billion and India has surplus trade with Vietnam of around $2.8 billion.
The East Asia Summit is attended by the leaders of the 10 Asean member states, India, China, Japan, South Korea, Australia, New Zealand, the U.S. and Russian Federation.
In consonance with India’s continued developmental aid to Vietnam, Modi offered a a grant of $5 million for the establishment of a software park in the Telecommunications University in Nha Trang.
Modi said India-Australia relations are full of energy and the implementation of the mutually agreed projects and programmes have been considerably speeded up under Turnbull’s guidance.
“It [Vietnam] has strategic partnerships only with two other countries, Russian Federation and China”, Phuc added.
The Vietnamese premier highlighted India’s important role in the region, reiterating Hanoi’s consistent support for New Delhi’s Act East Policy.
As per sources, Nguyen Phu Trong, the Communist Party’s general secretary, told Modi during their meeting that Vietnam “appreciates India’s principled position on the South China Sea issue”.
Vietnam’s Ministry of National Defense and the Indian foreign ministry will also collaborate on peacekeeping efforts within the United Nations.
“He asked for more Indian participation in oil and gas sectors of Vietnam”.
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In a meet with the leaders of the BRICS ahead of G20 summit, Modi said “terrorists in South Asia, or anywhere for that matter, do not own banks or weapons factories”.
