Indian news agency interviews President Truong Tan Sang about upcoming state visit to India
The Indian news agency quoted the President as saying that he will exchange views with the Indian leaders on means and ways to further enhance bilateral cooperation in all fields, including coordination at regional and international forums with a view to uplifting Viet Nam-India relations to be commensurate with the vast potentials of the two countries and expectations of their people.
President Sang noted that the visit takes place in the context that the time-honoured traditional friendship and strategic partnership between Viet Nam and India are witnessing strong growth in all areas for the sake of peace, stability, cooperation and development, adding that the strategic ties between Viet Nam and India should be enhanced, taking into consideration the changing global scenario.
At present, Viet Nam and India are two economies of dynamic and strong growth in Asia and are each other's strategic partners. Therefore, great importance should be attached to all cooperation areas, the Vietnamese President said.
On bilateral trade ties, he noted that the current trade figure of 2.7 billion USD is not commensurate with the potential, and expressed hope that the bilateral trade and economic cooperation will be further strengthened and expanded with the trade volume reaching 7 billion USD in 2015 with both sides taking fresh steps to expand cooperation.
Commenting on the controversy over oil exploration by India in two Vietnamese oil blocks in the East Sea, the President told PTI that it is a fact that all cooperation projects between Viet Nam and other partners including ONGC in the field of oil and gas are located on the continental shelf, within the exclusive economic zone and under the sovereign rights and jurisdiction of Viet Nam, entirely in conformity with international laws, especially the 1982 UN Convention on the Law of the Sea.
He said Viet Nam welcomes foreign companies to work with Vietnamese partners in oil and gas projects on the continental shelf and exclusive economic zone of Viet Nam and in conformity with Vietnamese laws, affirming that Viet Nam is also committed to protecting the legitimate interests of foreign companies which have invested in the country./.