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International and Bilateral Issues

Written By Administrator on Friday, October 14, 2011
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Vietnam invites Indian investment

  • Beginning 2010, Vietnam has implemented a 10-year long modernisation policy which has thrown open the need for products and services worth hundreds of millions of dollars. India, with a long standing expertise in almost every one of those field, can take advantage of the same,” said Truong Tan Sang, President of Socialist Republic of Vietnam.
  • The President invited Indian business and technical expertise in sectors such as healthcare, oil and gas, manufacturing, agro-industry, pharmaceuticals, automotive, IT, shipping and ports, electrical consumer appliances, education and road infrastructure to name just a few.
  • He explained that Vietnam has expertise in sectors which India can also take advantage of, especially, poverty alleviation.
  • He explained how Vietnam has managed to keep the GDP growing by close to 7 per cent annually even during global recession.
  • Bilateral trade with Vietnam stands at close to $4 billion, ten times more than what it was in 2000
  • He expected bilateral trade between the two countries to cross $7 billion by 2015

 

Drones strike amid offer of peace talks

  • A day after U.S. Secretary of State Hillary Clinton hinted at the possibility of holding ‘peace talks' with the Haqqani network, CIA-operated drones struck in the organisation's stronghold in North Waziristan on Thursday killing four suspected terrorists including a relative of Sirajuddin Haqqani.
  • The attacks took place while U.S. Special Envoy for Afghanistan and Pakistan Marc Grossman was in Islamabad for talks after the recent stand-off over Washington's allegations regarding Pakistan's institutional links with terrorism.
  • Referring to Pakistan's sacrifices in fighting terrorism, he said the international community owed it to Pakistan and the region to acknowledge this and support these efforts.
  • Pakistan would attend the trilateral summit of Afghanistan, Pakistan and Turkey in Istanbul next month.
     

 

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