17th India-Vietnam Meeting held

17th India-Vietnam Meeting held

Part of: GS-Prelims and GS-II – International Relations

In News:

• Recently, the 17th meeting of India-Vietnam Joint Commission on Trade, Economic, Scientific and Technological Cooperation was held.
• Recent developments in India-Vietnam Comprehensive Strategic Partnership (since 2016) were reviewed.

Key takeaways

• Both countries agreed to enhance their bilateral cooperation in line with India’s Indo-Pacific Oceans Initiative (IPOI).
• Both sides agreed to coordinate closely at multilateral  and regional forums like the UN Security Council (UNSC) and ASEAN.
• They agreed to explore closer cooperation in emerging areas such as civil nuclear energy, space, marine sciences and new technologies.
• India also invited Vietnam to take advantage of India’s new economic capacities and demands

Important value additions

Indo-Pacific Oceans Initiative (IPOI)

• Launched by: Indian Prime Minister at the East Asia Summit (2019).
• Focus: Maritime Security, Maritime Ecology, Maritime Resources, Disaster Risk Reduction and Management, Maritime Transport, etc.

Do you know?

• Both India and Vietnam will serve concurrently as non-permanent members of UNSC in 2021.

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