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    Home » India and Vietnam signal mutual logistics settlement

    India and Vietnam signal mutual logistics settlement

    EditorialBy EditorialJune 8, 2022Updated:June 8, 2022 Local news No Comments3 Mins Read
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    The defence minister and his Vietnam counterpart General Phan Van Giang signed a joint imaginative and prescient assertion

    The defence minister and his Vietnam counterpart General Phan Van Giang signed a joint imaginative and prescient assertion

    India and Vietnam on Wednesday signed a Memorandum of Understanding (MoU) on mutual logistics help in presence of the 2 Defence Ministers in the course of the ongoing go to of Defence Minister Rajnath Singh to the Southeast Asian nation.

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    “The Defence Ministers signed the ‘Joint Vision Statement on India-Vietnam Defence Partnership towards 2030’, which will significantly enhance the scope and scale of existing defence cooperation,” the Defence Ministry stated in an announcement.

    “In these times of increasing cooperative engagements between the defence forces of the two countries, 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,” the assertion stated on the logistics settlement.

    “Had an excellent meeting with General Phan Van Giang,” Mr. Singh stated on Twitter after the assembly together with his Vietnamese counterpart. “We had wide-ranging discussions on effective and practical initiatives to further expand bilateral defence engagements and regional and global issues.”

    “Our close defence and security cooperation is an important factor of stability in the Indo-Pacific region,” Mr. Singh added.

    India has signed a number of logistics agreements together with all Quad nations, France, Singapore and South Korea starting with the Logistics Exchange Memorandum of Agreement with the U.S. in 2016.

    Logistics agreements are administrative preparations facilitating entry to army services for trade of gas and provisions on mutual settlement simplifying logistical help and rising operational turnaround of the army when working away from India.

    Both Ministers additionally agreed for early finalisation of $US 500 million Defence Line of Credit prolonged to Vietnam. Mr. Singh additionally introduced gifting two simulators and financial grant in the direction of organising of Language and IT Lab at Air Force Officers Training School for capability constructing of Vietnamese armed forces.

    Mr. Singh started his official go to by paying respects to late President Ho Chi Minh at his Mausoleum in Hanoi.

    India and Vietnam share a Comprehensive Strategic Partnership since 2016 and defence cooperation is a key pillar of this partnership. Vietnam is a vital accomplice in India’s Act East coverage and the Indo-Pacific imaginative and prescient, the assertion added.

    Bilateral defence engagements have expanded over a time frame to incorporate wide-ranging contacts between the 2 nations, together with defence coverage dialogues, army to army exchanges, high-level visits, capability constructing and coaching packages, cooperation in U.N. Peace Keeping, ship visits and bilateral workouts.

    Source: www.thehindu.com

    defence Line of Credit defence minister General Phan Van Giang India Act East policy India Vietnam India Vietnam defence India Vietnam Defence Partnership India Vietnam defence ties India Vietnam logistics support pact India Vietnam military India Vietnam military logistics support India Vietnam military logistics support pact India Vietnam relationship India Vietnam strategic ties Nguyen Xuan Phuc Pham Minh Chinh Phan Van Giang rajnath singh South China Sea UN peacekeeping Vietnam Health Minister Vietnam President Vietnam Prime Minister
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