India, Vietnam sign two agreements

India and Vietnam have signed two Memorandum of Understandings (MoUs) to enhance cooperation in field of information and broadcasting and space cooperation.
The MoUs were signed following bilateral meeting between PM Narendra Modi and his visiting counterpart Nguyen Xuan Phuc ahead of the India-Asean Commemorative Summit in New Delhi. Vietnam is a key pillar in India’s Act East Policy and strategic partner in South East Asia.

MoUs singed are

MoU to enhance cooperation in field of information and broadcasting: It aims to enhance cooperation in the field of information and broadcasting, based on principles of equality and reciprocity pursuant to their national laws and regulations.
MoU on space cooperation: It is implementation arrangement between ISRO and National Remote Sensing Department of Vietnam. It seeks to establish tracking and data reception station and data processing facility in Vietnam under ASEAN India Space Cooperation.
It will define framework and conditions of cooperation for establishment of facility to provide Indian remote sensing satellite data over ASEAN region. It will enable remote sensing applications, which include natural resources management, ocean development and disaster management to ASEAN member states.

Month: Current Affairs - January, 2018