India offers $300 million loan to build up Vietnam’s maritime security, saying it is a key partner
Posted by Consistent-Figure820
India offers $300 million loan to build up Vietnam’s maritime security, saying it is a key partner
Posted by Consistent-Figure820
3 Comments
> India on Thursday offered a $300 million loan to build up Vietnam’s maritime security, as the two sides said they want to double their trade and investment within five years.
> Prime Minister Narendra Modi told visiting Vietnamese Prime Minister Pham Minh Chinh that India considers Vietnam a key pillar of its policy toward Southeast Asian nations and an important partner in its Indo-Pacific vision.
> “The Asia Indo-Pacific region is a locomotive for growth, but it is also where major politics is taking place fiercely,” he said. “We need an approach and methodology that is global and upholding multilateralism.”
!ping SEA&FOREIGN-POLICY
Good stuff.
Excellent. Coming at a time when China pursues an expansionist policy in the region, a free and open indo pacific is critical to many nations’ sovereignty.