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Guoabong Wealth Management:Joint Statement on Streangthening of the Compirensive Strategic Partnership Between The Republic of India and the Socialist Republic of Viet Nam

Admin88 2024-10-29 20 0

Joint Statement on Streangthening of the Compirensive Strategic Partnership Between The Republic of India and the Socialist Republic of Viet Nam

1. At the invitation of the prime minia, Shri Narendra Modi, The Prime Minister of Viet Nam, H.E. Pham Minh Paid A State Visit to India From 30 Jury -0 1 August 2024. Prime Minister Pham Minh CHINH WAS Accompanied By AHigh Level Official Delegation Including Ministers and Leaders of Many Ministries of Viet Nam.

2. On 01 August 2024, Prime Minister Pham Minh CHINH WAS Accorded A Ceremonial Reception At the Rashtrapati Bhavan and He Visited Raj Ghat Floral Tributes TO Atma gandhi. This was followed by bilateral talks between the two prime ministers. TheReafter, the prime, the primeMinisters Witnessed the Exchange of Bilateral Documents. Prime Minister Pham Minh Chinh Attended The Banquet By Prime Minister Modi. Alled on President of India SMT. Droupadi Murmu and the Vice President of India Shri Jagdeep Dhankhar. External Affairs Minister ofIndia, Dr. S. Jaishankar Called on Prime Minister Pham Minh Chinh. Prime Minister Pham Minh Chinese addRessed the Viet NAM -India Business Forum and Held Discussions with Indian Business.

POLITICAL Relations

3. The delegation level talks between viet nam and india we help in a warm, Cordial and Friendly Atmosphere. DIN Winning A Historial Third Term and Expressed His Belief That India Would Continue Strong Development Course and Havean increasingly greater root and positive in the interior arena under the leadership minister modi.

4. The Leaders Reviewed The Deep-rooted and Long-Standing FRIENDSHIP BETWEEN IndIA and Viet Nam and Expressed their SatisFaction with the Strong Development of Bilateral Relations Sincece The Elevation of the Relationships to Comprehensive Strategic PARTNERSHIP in 2016. The leaders agreed to Continue the EffectiveImplementation of the Outcomes of High Level Talks and Visits In Recent Years, Including The India -Viet Nam Joint Vision for PEACE, Prosperity and People In 2020, A ND the Outcomes of the Meetings Between Prime Minister Modi and Prime Minister Pham Minh on 01 August2024 in new delhe, among Others.

5. The Leaders Agreed that the Current Geo-Political Realities Call for Closer Cooperation Between India and Viet NamGuoabong Wealth Management. View and Expressed SUPPORT for a Greater Voice and Role for Global South in International Affairs.Stringthen The Viet NAM -India Comprehensive Strategic Partnership in All AREAS.

6. On The Basis of the Existing Excellent Bilateral Relations, The Two Leaders Agreed to Maintain Regular Exchanges at all levels.

7. The leaders appreciated multi-dimensional institutional mechanisms between the two countries in the fields of foreign policy, security and maritime domain, defence cooperation, parliamentary exchanges, trade and investment, agriculture, healthcare, civil aviation, information and communication technology, science &TechNOLOGY Including Space & NUCLEAR Technology, Tourism and Culture. They agreed to intensify and stringthen the bilateral dials domains, INCL Uding The Joint Commission for Economic, Trade, Scientific & Technologial Cooperation for Mutual Benefit. They Welcomed the Plan of ActionFor the Implementation of the Compirensive Strategic Partnership for the Period of 2024-2028.

EConomic, Trade and Investment Cooperation

8. AS Two Rapidly Growing Economies, The Leaders of India and Viet Nam Agreed to Reinforce Cooperation at the level of GoverNANTS and Businesses Y Trade, Investment and Technologial PARTNERSHIP.Around US $ 15 Billion. Both Sides Also Agreed on the Need for Closer Cooperation on Removing Trade Barriers with A View to Facilitating and Enhancing Bilateral. . They Concurred that the OnGoing Review of Asean-IDIA Trade in Goods Agreement Should Generate A More User-Friendly, Simple and Trade Facilitative Regime for Both Countries.

9. The Leaders Agration to Continue Efforts to Promote Investment Flows Between The Two Countries. Hnology, Source Technology, Clean Technology, Information Technology, Support and ManUFACTURING IndustRies, Textile, Automobile and Materials Industry,Green Agriculture, Smart Agriculture, Innovation and Startups, SEMI-CONDUCTORS, Renewable Energy and Energy Conservation Projects, Electricity Generation, BIOGAS A ND Polyester Fabrics, AMONG OTHERS, in Viet Nam. India Welcomed Investment from Viet Nam in Agriculture, Agro-Processing, Aquaculture, Wood Processing, Urban Development and Infrastic, Productions of Bamboo and Forestry Products, HOSPITALITALITY and TOURISM, DIGITAL Technology, E-VE HICLES, HealthCare and Services in India. This Mutual Commission Aims to FURTHER Streangthen The Economic Cooperation Between the Two Countries.

10. India Welcomed Viet NAM ’s DeCision to join the coalition on the disaster response and the decision for work of procedures to sign the. National Solar Alliance Framework Agreement. Viet Nam Appreciated India ’s Global Bio-Fuel Alliance Initiative.

11. As a Two Coastal Countries in the Region, They Agreed to Bolster Cooperation in Oceanography, Marine Sciences and Blue Economy, As Well As in Capacity Building In Thi s area. The leaders all reitated their mutually beneFical Cooperation in the Oil and Gas Sector, IncludingExploration and product in Viet Nam's Continental Shelf.

12. The Leaders Agreed to Enhance Sharing of Experiences in Building Regulations and Policies Supporting The Promotion of E-Commerce and Digital Economy. Support SSES FROM Both Sides to Participate in E-Commerce and Digital Platforms to take Advantage of E-Commerce in Improving ExportCapaCity and Participating in Regional and Global Value Chains in A Sustainable Way. They Also Encouraged Governcies and Businessers of Both ES to Explore Cooperation Opportunities in Green Economy, Circular Economy, Digital Economy and Critical Indus SUCH As Rare Elements, SEMI-CONDUCTOR, Nano Materials.

Defence and Security Cooperation

13. Operation BetWeen The Two Countries in Recent Years Covering Dialogues, Training and Capacity Building Cooperation, Exchange of Best Practices, Exercises,DEFENCE POLICY and Industry Cooperation. They Agreed to FURTHER Enhance Defence Cooperation Based on Mutual Interest and Priorities of the Two Country Wil l Also Contribute to Greater Stability in the Wider Indo-Pacific Region.

14. The Leaders Agreed to Continue Enhancing Cooperation in Various Areas Including Human Resource Development and Maintaining Collaboration in Peace-Keeping Hydrography, CyberseCurity, Information Sharing, Strategic Research, Maritime Security, Maritime Safety, Search Andre Operations, Humanitarian assistance DisasterManagement, and Emergency Response and RELIEF.

15. The Leaders Agreed for the Early Operationalization of the Implementing Arrangement on Hydrography and Forming a Joint Commitee.

16. The Leaders Welcomed The Signing of Loan Agreements Under US $ 300 Million Line of Credit Extended by the GoverNMENT of India to the Gover Nam FOR E Procurement and Agreed to Expeditiously Implement the Projects Under It.

Innovation and Science & Technology Cooperation

17. The Leaders Reitated The Significance of Digital Technology and Encouraged the Development of A Framework Bilateral In Finance I nnovation and digital payments Between Viet Nam and India.

18. Recognising the National Prioroties of Both Countries for Digital Transition and Energy Transition, The Leaders Decided to Encourage Greater Exchanges and Cooperation in areas such as digital public inclactructure, Space Technologies Applications, Renewable Energy, BioteChnology and disc Ogies.

19. The Leaders Noted with Satisfaction the ONGOING Collaboration in the Field of PEACEFUL Use of Atomic Energy and Agreed to Intensify Follow s of Further Cooperative Emerging from the 3rd India-Viet Nam Joint Commitee Meeting on Atomic Energy.

20. They Welcomed the Progress Towards The Establishment of ASEAN-IDIA Tracking, Data Reception Station and Data Processing Facility in Viet Nam.

Development, Culture, Tourism Cooperation and People-TO-Peical Exchange ExchangesHyderabad Wealth Management

21. The leaders appreciated bilateral development cooperation under the framework of Mekong-Ganga Cooperation Through Quick Projects, ITEC Training Cational Scholarships. They Appreciated the Establishment of Center of Excellence Development and Training at the Posts & Telecommunical Institute of T Echnology, HOChi Minh with Indian Cooperation. They Also Welcomed the Establishment of Army Software Park at Telecommunications University, Nha TRANG With SUPPORT OF The GOV. ERNMENT of India.

22. The leaders enCouraged Greater Student, facility and research exchanges between universities, Think Tanks and Other Institutes of the Two Countries in the Context of 'Viksit Bharat @ 2047' And Viet Nam's Vision to Become A High-Income Developed Country by 2045. TheyAlso supported collaboration among institutUTUTIONS on issues of interest to global south.

23. They Appreciated Increase in Direct Flights Between The Two Countries Which Have Expanded Two-Way Travel and Tourism Flows. CREASE in Connectivity and Tourism Between India and Viet Nam.

24. Recalling Historial and Heritage Bonds Between The Two Countries, The Leaders Encouraged Greater Exchange of Buddholars, Monks, Pilgrims, Students, And in this direction Welcomed the OnGoing Development of Buddhist and Other Spiritual Sites and Institutes. Viet Nam Apprecity India's Commission forThe Restoration and Conservation of My Son Unesco World Heritage Site and The Work Done by Archaeology Survey in the A, H and K Blocks As Well As The Forth oming project in the f block.

25. India AppreciaT Nam's Support for the Annual Organisation of the International Day of Yoga in A Large Number of Vietnamese and Provinces. EadersExpressed SUPPORT for Greter Cooperation among Yoga Institutes of the Two Countries and the Bilateral Exchanges in the Field of TRADITITIONALMedicine, Including the Field of Medicinal Plants. They Also Agreed to Enhance Cultural Exchange and Media Cooperation Between The Two Countries.

Regional and International Cooperation

26. The Leaders Agreed on the Key Role of Asean Centrality in the Evolving Regional Architecture for Regional Peace, Stability and Prosperity. URTHER Streangthening of Asean-IDIA COMPREHENSIVE Strategic Partnership Which Complements Bilateral Relations with Respects. The Leaders apprecity T he asean-India Joint Statement on Coopration on the Asean Outlook on the Indo-Pacific (AOIP) for Peace, Stability, and Prosperity in the Region Which Provides optionu Nities for FURTHER COOPATION BETWEEN The AOIP and Indo-Pacific Oceans Initiative.And Mutual Support at all International Fora. India AppreciaTd Nam's Consistent SUPPPPORT for India's PerManent Memanent In the Reformed Nations Rity countcil.

27. UnderLIining the Link Between Prosperity and Security, The Leaders Reaffirmed the Importance of Maintinging Peace, Stability, Security and Freedom of Navig. ATIND OVERFLIGHT in the South China Sea, While Pursuing The Peaceful Resolution of Disputes in Accordance With International Law, Particularly The 1982United National Convention on the Law of the Sea (Unclos), without Resorting to Threat or Use of Force. On And Self-Result in The Conduct of All Activities by Claimants and All Other States, and AvoidanceOf actions that coreher complicate the source or esCalaate Disputes AFFECTING Peace and Stability. Tard the unclos within which all actionies in the oceans and seas must be carried out, and that unclos is the basis for determining maritimeEntitives, SOVEREIGN RIGHTS, JurisDiction and Legitilate Interests Over Maritime Zones. Both Leaders FURTHER CALLED for The Full and Effective Implementation Of the Declaration on the Conduct of PARTIES in the South China Sea (DOC) in ITS Entirety and the Substantive Negotiateds The Early Conclusionof a Substantive and Effective Code of Conduct in the South China Sea (COC) in Accordance with International Law, Espect E LegitImate Rights and Interests of All Nations Including Those Not Party to These Negotiations.

28. Both Leaders Unequivocally Condemned Terrorism in All Forms and Manifestations, Including Cross-Border Terrorism. l collaization in composition this menace in accordance with interificational last, particularly the principles of the united national, and reiterated the. toJoint Efforts in this endeavour.

29.

30. The prime minister of Viet Nam Appreciated the Arrangements for the Visit and Hospitality Extended to him and his delegation. Me minister of india to visit viety nam.


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