India and Vietnam on 8 June signed a vision document to broaden the scope and scale of defense ties by 2030. India and Vietnam have signed a logistics support agreement to allow the armies of both sides to use each other's bases for the repair and replenishment of supplies.
Vietnam has made such an agreement for the first time
Vietnam has signed an agreement on logistics support for the first time with any country. Defense Minister Rajnath Singh and his Vietnamese counterpart General Phan Van Giang have signed this logistics agreement. The Defense Ministry said that India and Vietnam continue to have the "most trustworthy relationship in contemporary times with wide convergence of interests and common concerns".
India and Vietnam will come closer through a joint vision statement
Rajnath Singh said that we have had extensive discussions on effective and practical initiatives to take forward bilateral defense ties and regional and global issues. He further said that after deliberations, we signed a 'Joint Vision Statement on India-Vietnam Defense Partnership towards 2030' which will significantly enhance the scope and scale of our defense cooperation.
India to finalize defense line of credit soon
Experts say that India and Vietnam have signed a vision document to expand security ties in the maritime security sector amid China's growing power in the region. Rajnath Singh has also agreed to finalize the defense line of credit of $500 million given by India to Vietnam at the earliest.
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