Narendra Modi is all set for his two nation tour Vietnam and China which starting on Friday. In his four day tour he will first visit Vietnamese capital Hanoi on Friday night. He will meet there Prime Minister Nguyen Xuan Phuc and President Tran Dai Quang. He will hold talk with top leaderships to discuss about the key areas on trade, security, defence and oil exploration.
On Thursday, Preeti Saran, the Secretary (East), External Affairs Ministry briefing the media that, as Vietnam is India’s important strategic partner the visit is to strengthen bilateral ties including trade, security and defence.
In the oil exploration project in Vietnam, India’s Videsh Limited is engaged with it for over three decades. During the visit there may be announcement of new projects in the sector.
After his Vietnam visit, PM Modi will leave for China, Hangzhou on 3rd September to attend the G-20 summit on 4th and 5th September.
Secretary (West) Sujata Mehta stated that PM Modi will be the lead speaker at the session of inter connected and inclusive development. She further said that India will talk issues including terror financing, cross border mobility of professionals, tax evasion and reduction in remittance transaction cost among others.
For the G-20 Summit Niti Ayog Vice Chairman Arvind Panagariya is India’s sherpa and some of the issues were already discussed in the run up to the summit.
Apart from summit, Narendra Modi will meet Chinese Prime Minister Xi Jinping for bilateral talks and attend a BRICS leaders’ meet. After their meeting on the sidelines of the Shanghai Cooperation Organization (SCO) in Uzbekistan capital Tashkent; this would be the first meeting between the Indian PM and Chinese President.
Chinese Foreign Minister Wang Yi’s visit on last month on 12th August in New Delhi was possibly to discuss the agenda for the meeting between Prime Minister Modi and President Jingping.
At the summit there are expected to have detailed discussion on automatic exchange of tax information, and talk about how to tackle slowdown of the global economy. India has already given its consent to the Automatic Exchange of Information Convention of the Organization for Economic Co-operation and Development (OECD), an intergovernmental economic organization of around 35 countries.
According to reports, Bejing is viewing Modi’s Vietnam visit rather closely as Hanoi is also a party in the South China Sea dispute and they also have claimed to use of its water.
PM Modi will return to India on 5th September. On 7th September he will leave on a two-day visit for Laos PDR to attend the India – ASEAN and East Asia summit.