
President Sang noted that the visit takes place in the context that the time-honoured traditional friendship and strategic partnership between Vietnam and India are witnessing strong growth in all areas for the sake of peace, stability, cooperation and development, adding that the strategic ties between Vietnam and India should be enhanced, taking into consideration the changing global scenario.
At present, Vietnam and India are two economies of dynamic and strong growth in Asia and are each other's strategic partners. Therefore, great importance should be attached to all cooperation areas, the Vietnamese President said.
On bilateral trade ties, he noted that the current trade figure of 2.7 billion USD is not commensurate with the potential, and expressed hope that the bilateral trade and economic cooperation will be further strengthened and expanded with the trade volume reaching 7 billion USD in 2015 with both sides taking fresh steps to expand cooperation.
Commenting on the controversy over oil exploration by India in two Vietnamese oil blocks in the East Sea, the President told PTI that it is a fact that all cooperation projects between Vietnam and other partners including ONGC in the field of oil and gas are located on the continental shelf, within the exclusive economic zone and under the sovereign rights and jurisdiction of Vietnam, entirely in conformity with international laws, especially the 1982 UN Convention on the Law of the Sea.
He said Vietnam welcomes foreign companies to work with Vietnamese partners in oil and gas projects on the continental shelf and exclusive economic zone of Vietnam and in conformity with Vietnamese laws, affirming that Vietnam is also committed to protecting the legitimate interests of foreign companies which have invested in the country.
Indian press highlights relations with VN
The Indian press on October 10 gave wide coverage on the Vietnam-India traditional friendship, ahead of the visit to India by Vietnamese President Truong Tan Sang.
Major, newspapers including the Times of India, the Statesman, Mail Today as well as local press all carried reports about Sang’s visit.
They also published an interview of the Press Trust of India (PTI) news agency with State President Sang on the strategic partnership between Vietnam and India , the cooperation in oil and gas development and the solutions for trade promotion between the two countries in the future.
The Indian newspapers quoted the Vietnamese President as saying that his visit is to strengthen the friendship between the two peoples and deepen the strategic partnership between the two countries for the mutual benefit of the two countries’ people and for the sake of peace, stability, cooperation and prosperous development in the region and the world.
VNA