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Agreements/MoUs signed during the State Visit of Hon’ble President to Vietnam (15 September, 2014)

September 15, 2014

Agreements/MoUs signed during the State Visit of Hon’ble President to Vietnam (15 September, 2014)

Sl. No. Agreement/MoU Signatories Brief description of the Agreement/MoU

India

Vietnam

1. Agreement between the Government of the Republic of India and the Government of the Socialist Republic of Vietnam on Cooperation and Mutual Assistance in Customs Matters Mrs. J.M. Shanti Sundharam, Chairperson, Central Board of Excise and Customs Mr. Truong Chi Trung, Deputy Minister of Finance The Agreement aims to strengthen, promote and develop cooperation and mutual assistance on matters pertaining to customs between India and Vietnam. The two countries shall assist each other for the prevention, investigation and combating customs offences for the proper application of customs laws and for facilitating legitimate trade. The two countries shall also cooperate and exchange information in their enforcement against the illicit trafficking of narcotic drugs, psychotropic substances, precursor chemicals and other prohibited goods.
2. MoU on $ 100 million Line of Credit for Defence Procurement Ms. Geeta Poojary, General Manager, Exim Bank of India Mr. Truong Chi Trung, Deputy Minister of Finance The MoU provides concessional line of credit for procurement of defence equipment from India. Details of equipment to be procured by Vietnam are under finalization. The LoC opens new opportunities in our defence cooperation.
3. MoU between the Ministry of Agriculture of the Republic of India and the Ministry of Agriculture and Rural Development of the Socialist Republic of Vietnam in the field of Animal Health Mrs. Preeti Saran, Ambassador of India to Vietnam Mr. Le Quoc Doanh, Deputy Minister, Ministry of Agriculture and Rural Development The MoU establishes cooperation between India and Vietnam in the field of Animal Health including protecting territory of each other from introduction of animal diseases and infection caused by the trade of animals, products of animal origin and materials of animal reproduction. India and Vietnam shall also share special information on meat processing, meat products and slaughter houses/abattoirs. They shall cooperate in the training and upgrading of human resources in the field of animal health through exchange of delegations, workshops, expert visits, training and share information on veterinary research.
4. MoU between National Fisheries Development Board, Hyderabad, Department of Animal Husbandry, Dairying and Fisheries, Ministry of Agriculture of the Republic of India and Directorate of Fisheries, Ministry of Agriculture and Rural Development, Government of the Socialist Republic of Vietnam on Cooperation in the Field of Setting up of Pangasius Breeding and Farming in India Mrs. Preeti Saran, Ambassador of India to Vietnam >Mr. Le Quoc Doanh, Deputy Minister, Ministry of Agriculture and Rural Development This MoU between India and Vietnam is aimed at cooperation in transfer of technology and setting up of Pangasius (catfish) breeding and farming in India and allied activities between the two countries through joint activities, programmes, exchange of scientific material, information and personnel. The joint activities shall be environmentally sound and sustainable. Annual Work Plan will be drawn and a Joint Technical Committee shall be formed to provide guidance, review progress and facilitate cooperation.
5. MoU between the Ministry of Skill Development, Entrepreneurship, Youth Affairs and Sports of the Republic of India and the Central Committee of the Ho Chi Minh Communist Youth Union of the Socialist Republic of Vietnam on Cooperation in Youth Affairs Mrs. Preeti Saran, Ambassador of India to Vietnam Mr. Nguyen Dac Vinh, First Secretary of the Central Committee, Ho Chi Minh Communist Youth Union The MoU provides the framework for programmes of cooperation between India and Vietnam in the field of youth development and excellence by encouraging and promoting an exchange of programmes, experience, skills, techniques, information and knowledge. The youth programmes shall include participation of young politicians, young entrepreneurs, young doctors, young journalists etc. It shall also involve participation of young people from both countries in youth festivals, seminars and conferences on youth related issues.
6. Letter of Intent between ONGC Videsh Limited, India and Vietnam Oil and Gas Group (PetroVietnam) Mr. N.K. Verma, Managing Director, ONGC Videsh Ltd. Mr. Do Van Hau, President and CEO, PetroVietnam ONGC Videsh Limited (OVL) and PetroVietnam signed an MoU on 20 November, 2013 in the presence of Prime Minister of India and General Secretary of the Communist Party of Vietnam with an objective to enhance mutual cooperation in hydrocarbon sector. PetroVietnam offered new blocks to OVL for oil and gas exploration and production. OVL is keen to expand its presence in Vietnam and is evaluating the blocks on offer. This Letter of Intent will further consolidate cooperation between India and Vietnam in energy sector and pave way for future collaboration between the two countries in this area.
7. MoU between Jet Airways (India) and Vietnam Airlines Company Limited Mr. Naresh Goyal, Chairman, Jet Airways (India) Dr. Pham Ngoc Minh, President and CEO, Vietnam Airlines Company Limited Jet Airways and Vietnam Airlines have entered into this MoU for enhancing their presence in each other’s markets. The scope of the MoU involves code sharing on services of each other. From 5 November 2014, Jet Airways intends to extend its Mumbai-Bangkok flight to Ho Chi Minh City, Vietnam. This service will also enable passengers travelling from Delhi to Bangkok, to connect on the extension flight beyond Bangkok to Ho Chi Minh City.

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