India and Vietnam on Saturday signed three key memorandums of understanding (MoUs) in areas of economic and trade cooperation, agricultural exchanges, and atomic energy for peaceful purposes.
The agreements were inked between the two sides in the presence of Indian Prime Minister Narendra Modi and visiting Vietnamese President Tran Dai Quang.
Quang is reported to be in India on a three-day state visit from March 2-4. He held bilateral and delegation level talks with the Indian premier in New Delhi on Saturday.
According to an official release issued by India's external affairs ministry, the two sides signed a MoU on cooperation between India's Global Centre of Nuclear Energy Partnership and the Vietnam Atomic Energy Institute. The purpose of this MoU is to strengthen the technical cooperation in the field of atomic energy for peaceful purposes between the two nations.
The purpose of the MoU on economic and trade cooperation is to establish a framework for trade and economic relations between the two sides, reports Xinhua.
The two countries also signed a work plan for the years 2018-2022 between the Indian Council of Agricultural Research (ICAR) and Vietnam's Ministry of Agriculture and Rural Development. The work plan is to promote cooperation in transfer of technology and exchange of visits of technical experts in the fields of agriculture.
