India, Vietnam expected to sign pacts to expand ties

India and Vietnam are likely to seal a number of agreements and make certain announcements to further expand overall ties including in areas of defence, energy and healthcare at a virtual summit between Prime Minister Narendra Modi and his Vietnamese counterpart Nguyen Xuan Phuc on Monday, official sources said.

The evolving situation in the Indo-Pacific is expected to figure prominently in the talks as both countries have shared interest in a free, open, peaceful, prosperous and a rules-based regional order, they said. In the summit, the two sides are also likely to issue a joint vision for the future development of 'India-Vietnam Comprehensive Strategic Partnership' with an aim to chart a new course of enhanced cooperation in a range of areas, they said.

India and Vietnam upgraded their relationship to the level of comprehensive strategic partnership in 2016 and the defence cooperation has been one of the most significant pillars of the fast-expanding bilateral ties. The sources said implementation of India's defence Line of Credit for high speed guard boats for Vietnam is likely to be further taken forward in the summit. Both the countries have stakes in the Indo-Pacific and they are expected to explore potential cooperation to expand cooperation in the region based on the respective vision for the region by India as well as the ASEAN.

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