Vietnam welcomes and is committed to creating every favourablecondition for normal economic cooperation activities between Vietnameseoil and gas companies and their foreign partners, including Indiancompanies, in the country’s exclusive economic zone and continentalshelf.
Prime Minister Nguyen Tan Dung made the commitment inhis interview granted to The Economic Times, India’s largestfinancial daily, during his official visit to India on October27-28.
He said that Vietnam and India have beencooperating in oil and gas exploration and extraction since 1988.Bilateral cooperation in this area has been increasingly growing. Indiancompanies such as ESSAR and the Indian Oil and Natural Gas Corporationare active and effective partners of Vietnam .
”We willcontinue to create favorable conditions for and ensure the interests ofIndian companies active in this field,” he stressed.
According to PM Nguyen Tan Dung, Vietnam and India enjoy atime-honored and sound traditional friendship and close bonds, whichwere founded by President Ho Chi Minh and Prime Minister JawaharlalNehru and have been nurtured and fostered by the leaders and people ofboth countries through generations.
The political ties betweenthe two countries have been increasingly strengthened on the basis ofmutual trust given by the exchange of visits and meetings at all levelsand through all channels.
Since the establishment of a StrategicPartnership in 2007, the bilateral friendship and cooperation have seenrapid growth, particularly in politics, trade and investment,defense-security, science-technology, culture and education.
Thetwo countries have become each other's important economic partners, andare striving to achieve the targeted two-way trade of 7 billion USD by2015 and 15 billion USD by 2020.-VNA
Prime Minister Nguyen Tan Dung made the commitment inhis interview granted to The Economic Times, India’s largestfinancial daily, during his official visit to India on October27-28.
He said that Vietnam and India have beencooperating in oil and gas exploration and extraction since 1988.Bilateral cooperation in this area has been increasingly growing. Indiancompanies such as ESSAR and the Indian Oil and Natural Gas Corporationare active and effective partners of Vietnam .
”We willcontinue to create favorable conditions for and ensure the interests ofIndian companies active in this field,” he stressed.
According to PM Nguyen Tan Dung, Vietnam and India enjoy atime-honored and sound traditional friendship and close bonds, whichwere founded by President Ho Chi Minh and Prime Minister JawaharlalNehru and have been nurtured and fostered by the leaders and people ofboth countries through generations.
The political ties betweenthe two countries have been increasingly strengthened on the basis ofmutual trust given by the exchange of visits and meetings at all levelsand through all channels.
Since the establishment of a StrategicPartnership in 2007, the bilateral friendship and cooperation have seenrapid growth, particularly in politics, trade and investment,defense-security, science-technology, culture and education.
Thetwo countries have become each other's important economic partners, andare striving to achieve the targeted two-way trade of 7 billion USD by2015 and 15 billion USD by 2020.-VNA
