India believes in development, not expansionism: Mod

Last Updated03/08/2024

While welcoming the Vietnamese Prime Minister, the Indian Prime Minister highlighted the importance of freedom of navigation.

Speaking at the Indian Council of World Affairs (ICWA), Mr. Minh Chinh echoed the Indian position on maritime security and called for a collective approach to solving all conflicts including in West Asia and in Myanmar.
The Vietnamese leader recollected India’s contribution to peace building in Vietnam in the 1950s and sought greater cooperation between the two sides in energy, defense and culture.
Multilateral organizations should provide comprehensive solutions to the existing conflicts.
Conflicts like the one in the Middle East and in Myanmar can not be solved by a single country.
- They require collective solution
The two sides sealed agreements on Customs Capacity Building, radio and television networks, agriculture, law and justice.
Two Dollar Credit Line Agreements were signed between Vietnam’s Ministry of Finance and the Export-Import Bank of India amounting to $300 million.
Vietnam also declared its intent to join the Coalition for Disaster Resilient Infrastructure (CDRI).
A letter of intent was signed between the Government of India and the Government of Vietnam to restore and conserve a number of ancient Shiva temples located in My Son, Quang Nam province.