Friday, June 21, 2024

PM Modi Holds Discussions with Vietnamese PM on Enhancing Trade and Technological Cooperation

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Prime Minister Narendra Modi engaged in discussions with his Vietnamese counterpart to explore avenues for expanding cooperation in trade and technology. The bilateral talks focused on strengthening the strategic partnership between India and Vietnam and leveraging their mutual interests for shared growth and development.

During the discussions, both Prime Ministers emphasized the importance of deepening economic ties between the two nations. They explored opportunities to enhance bilateral trade and investment, with a particular emphasis on sectors such as agriculture, renewable energy, infrastructure, and manufacturing. The leaders expressed their commitment to creating a conducive environment for businesses and promoting collaboration in these areas.

Additionally, the discussions highlighted the potential for technological cooperation between India and Vietnam. The leaders recognized the significance of digital technologies and innovation in driving economic growth and agreed to explore opportunities for collaboration in areas such as information technology, cybersecurity, and digital connectivity. This cooperation aims to foster knowledge exchange, skill development, and the adoption of advanced technologies to benefit both countries.

The talks also emphasized the importance of people-to-people exchanges and cultural ties. Both leaders expressed their commitment to promoting tourism, educational linkages, and cultural exchanges between India and Vietnam, which contribute to a stronger bond and better understanding between the peoples of the two nations.

The discussions between Prime Minister Modi and his Vietnamese counterpart reflect the growing strategic partnership between India and Vietnam, underpinned by shared values and interests. The leaders affirmed their commitment to promoting regional peace, stability, and prosperity, and acknowledged the significance of a free, open, inclusive, and rules-based Indo-Pacific region.

As a result of these discussions, both countries are expected to explore concrete steps to enhance bilateral cooperation, including the signing of agreements and the establishment of mechanisms to facilitate trade, investment, and technological collaborations.

The engagement between Prime Minister Modi and the Vietnamese Prime Minister demonstrates India’s commitment to strengthening ties with Vietnam, a key partner in Southeast Asia. It opens new avenues for economic growth, technological advancements, and people-to-people exchanges between the two countries, contributing to a broader vision of regional integration and cooperation.

In conclusion, the discussions between Prime Minister Modi and the Vietnamese Prime Minister focused on expanding cooperation in trade and technology. The leaders expressed their commitment to deepen economic ties, enhance technological collaborations, and foster people-to-people exchanges between India and Vietnam. These discussions further solidify the strategic partnership between the two nations and pave the way for mutual growth and development.

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