India Extends $300 Million Loan to Enhance Vietnam's Maritime Security

Reported 2 months ago

In a strategic move, India announced a $300 million loan to bolster Vietnam's maritime security, reinforcing the nation's role as a key partner in India's Indo-Pacific policy. During talks held on August 1, 2024, Prime Minister Modi emphasized Vietnam's importance, as both leaders expressed a desire to double trade and investment over the next five years and enhance collaboration in defense, technology, and climate action.

Source: YAHOO

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