As India pursues its Act East Policy, Vietnam has become a valuable partner in the Indo-Pacific region. Analyse (200 Words)
Refer - The Hindu
Enrich the answer from other sources, if the question demands.
IAS Parliament 2 years
KEY POINTS
· India and Vietnam are celebrating the 50th anniversary of their diplomatic relations.
· India is essentially a maritime nation and the oceans hold the key to India’s future. India’s external trade (over 90% by volume and 70% by value) is by sea.
· Vietnam is of great strategic importance because its position enables it to control ‘the South China Sea a true Mediterranean of the Pacific’.
· India’s maritime strategic interests in the region are well established, including the fact that almost 55% of India’s trade with the Indo-Pacific region passes through the South China Sea.
· The signing of ‘Joint Vision for Defence Cooperation’ and a memorandum of understanding on mutual logistics support in 2022 has further strengthened mutual defence cooperation.
· While a U.S.$100 million Defence Line of Credit has been implemented, India has also announced early finalisation of another U.S.$500 million Defence Line of Credit to enhance Vietnam’s defence capability.
· New Delhi has also agreed to expand military training and assist the Vietnam Navy’s strike capabilities. For example, it is providing ‘comprehensive underwater combat operation’ training to Vietnamese sailors at INS Satavahana in Visakhapatnam.
· The road map agreed upon by the leaders will be helpful in addressing common challenges and decisively navigating towards making an India-Vietnam partnership that helps in stability in the Indo-Pacific.
TK Padhan 2 years
Sir pls review
IAS Parliament 2 years
Try to elaborate on economic and trade dimesnion with relevant data, include data to support your arguments in the answer. Keep Writing.
Ananta Kumar Muduli 2 years
Sir kindly review the needful
IAS Parliament 2 years
Try to elaborate on economic and trade dimension with relevant data. Keep Writing.
Aravind R 2 years
Kindly give elaborate feedback mam/sir
IAS Parliament 2 years
Try to elaborate on economic and trade dimension with data. Keep Writing.
K. V. A 2 years
Kindly review
IAS Parliament 2 years
Try to elaborate more on economic dimension with relevant data. Keep Writing.
