Vietnam, India set target of 15 billion USD of trade turnover

(VOVWORLD) - Prime Minister Nguyen Xuan Phuc and Indian Prime Minister Narendra Modi exchanged views on wide-ranging bilateral, regional and global issues during a virtual summit on Monday. 
Vietnam, India set target of 15 billion USD of trade turnover  - ảnh 1 (Photo: VGP/Quang Hieu) 

They agreed that the enhanced defence and security ties would be an important factor for stability in Indo-Pacific, and pledged to promote military exchanges and boost collaboration in military industry.

The two sides will cooperate in UN peacekeeping operations, while tightening their cooperation in security through existing dialogue mechanisms in order to cope with traditional and non-traditional maritime security and cyber security threats.

Vietnam and India will strive to achieve the target of 15 billion USD of trade turnover, and will intensify multi-lateral and regional collaboration, including in the United Nations, ASEAN-led mechanisms, and Mekong Sub-region cooperation.

The two Prime Ministers called for more efforts to fully and effectively realize the Declaration on the Conduct of Parties in the East Sea (DOC), and result-oriented negotiations to soon complete a Code of Conduct in the East Sea (COC) in accordance with international law, especially UNCLOS.

The two Prime Ministers also set forth the Joint Vision for Peace, Prosperity and People to guide the future development of the Vietnam-India Comprehensive Strategic Partnership.

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