: India inks vision document with Vietnam, to give 0mn defence Line of Credit #IndiaNEWS #International New Delhi, June 14 | Planning to broadbase the scope and scale of its defence ties with Vietnam

India inks vision document with Vietnam, to give 0mn defence Line of Credit #IndiaNEWS #International
New Delhi, June 14 | Planning to broadbase the scope and scale of its defence ties with Vietnam by 2030, India has inked a vision document with the Southeast Asian country.
Union Defence Minister Rajnath Singh held bilateral talks with Vietnams Minister of National Defence General Phan Van Giang in Hanoi.
Wide-ranging discussions on effective and practical initiatives to further expand bilateral defence engagements and regional and global issues were held between the two sides.
A Memorandum of Understanding (MoU) on Mutual Logistics Support was also inked. 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.
Had an excellent meeting with General Phan Van Giang, the Defence Minister of Vietnam. We renewed interactions on expanding bilateral cooperation. Our close Defence and Security cooperation is an important factor of stability in the Indo-Pacific region, Singh had tweeted.
During the meeting, both Ministers also agreed for early finalisation of 0 million Defence Line of Credit extended to Vietnam. Implementation of the projects will add substantially to Vietnams defence capabilities and further Prime Minister Narendra Modis vision of Make in India and Make for the World.
Singh, during his three-day visit, 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.
India and Vietnam have shared a Comprehensive Strategic Partnership (CSP) since 2016 and defence cooperation is a key pillar of this partnership.
Singh also handed over 12 high-speed guard boats under Indias existing 0 million defence line of credit to Vietnam. The initial five boats were built in the Larsen Toubro (LT) Shipyard in India and the other seven in Hong Ha Shipyard. Senior civil and military officials of India and Vietnam were present during the handing over ceremony.
Singh described the project as a glowing example of Make in India, Make for the World as envisioned by Modi.
He said the successful completion of the project, despite the challenges due to Covid-19 pandemic, is testimonial to the commitment and professional excellence of the Indian defence manufacturing sector as also of Hong Ha Shipyard. He exuded confidence that the project will be a precursor to many more cooperative defence projects between India and Vietnam in future.
India and Vietnam share a Comprehensive Strategic Partnership since 2016 and defence cooperation is a key pillar of this partnership.

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