In a statement issued after a meeting between Prime Minister Manmohan Singh and Vietnam President Truong Tan Sang who was on a state visit to India, Dr Singh underscored the need of strategic partnership between the two maritime neighbours and said the extradition treaty signed would provide a legal and institutional basis for cooperation to jointly face security challenges from terrorism piracy and natural disasters.
"It is important to ensure the safety and security of the vital sea lanes of communication. We have agreed to continue and strengthen our exchanges in these fields.
" We have instituted a mechanism of a biennial dialogue on security issues between our Ministry of Home Affairs and its Vietnamese counterpart. The Extradition Treaty signed today will provide a legal and institutional basis for our cooperation," he said.
Observing that Vietnam is among the most dynamic economies in Asia , the Prime Minister said the two countries also decided to work towards early finalisation of the Indo-Asean Free Trade Agreement in Services and Investment.
Besides, it had been decided to increase bilateral trade between the two countries from 2.7 billion dollars last year to 7 billion dollars by 2015. -- NNN-UNI
NEW DELHI (NNN-UNI) -- India and Vietnam
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