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As India, Vietnam Strengthen Ties, PM Modi Speaks Against "Expansionism"

As India, Vietnam Strengthen Ties, PM Modi Speaks Against "Expansionism"

NDTV
Thursday, August 01, 2024 02:06:41 PM UTC

"In our Act East policy and our Indo-Pacific vision, Vietnam is our important partner... We support development, not expansionism (Hum vistarbad nahi, vikasvad ka samarthan karte hei)," PM Modi said in Hindi in his media statement.

India and Vietnam today adopted an action plan to expand their strategic ties with Prime Minister Narendra Modi vowing to work jointly for a rules-based Indo-Pacific and asserting that New Delhi supports development and "not expansionism" in remarks that came amid concerns over China's military posturing in the region.

The two sides signed six memorandums of understanding (MoUs) and finalised three other documents to broadbase cooperation in a range of areas following wide-ranging talks between PM Modi and Vietnamese Prime Minister Pham Minh Chinh.

It was also decided that India will provide USD 300 million credit line to Vietnam primarily to strengthen the Southeast Asian nation's maritime security.

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