India-Vietnam Relations: India and Vietnam Sign Mutual Logistics Agreement

India and Vietnam Mutual Logistics Agreement- Relevance for UPSC Exam

India-Vietnam Relations: India and Vietnam Mutual Logistics Agreement will strengthen India Vietnam Relation. It will come under International Relations of GS Paper 2.

India and Vietnam Mutual Logistics Agreement in News

• Recently, India and Vietnam signed a Memorandum of Understanding (MoU) on mutual logistics support during the ongoing visit of Defence Minister Rajnath Singh to the Southeast Asian nation.

India and Vietnam Defence Partnership

• The Defence Ministers signed the ‘Joint Vision Statement on India-Vietnam Defence Partnership towards 2030’.
  • India-Vietnam Defence Partnership towards 2030 will significantly enhance the scope and scale of existing defence cooperation.
• Logistics Agreement: signing of India and Vietnam Mutual Logistics Agreement is a major step towards simplifying procedures for mutually beneficial logistic support.
• Significance: India and Vietnam Mutual Logistics Agreement is the first such major agreement which Vietnam has signed with any country.
• Defence Line of Credit: Both countries also agreed for early finalisation of $US 500 million Defence Line of Credit extended to Vietnam.
• Building Defence Capabilities: India announced gifting two simulators and monetary grant towards setting up of Language and IT Lab at Air Force Officers Training School for capacity building of Vietnamese armed forces.

USA-India Defense Technology & Trade Initiative

India-Vietnam Relations- Key Significance

• India Vietnam Comprehensive Strategic Partnership: India and Vietnam share a Comprehensive Strategic Partnership since 2016 and defence cooperation is a key pillar of this partnership.
• India’s Act East Policy: Vietnam is an important partner in India’s Act East policy.

What is Logistics Agreement?

• Logistics agreements are administrative arrangements facilitating access to military facilities for exchange of fuel and provisions on mutual agreement.
• Logistics Agreement simplifies logistical support and increases operational turnaround of the military when operating away from India.

Reciprocal Exchange of Logistics Agreement (RELOS)

What countries have signed the logistics agreement with India?

• India has signed several logistics agreements including with all Quad countries, France, Singapore and South Korea.
• India singed its first logistics agreement with USA in 2016. India-USA logistics agreement is also known as the Logistics Exchange Memorandum of Agreement (LEMOA).

Read current affairs for UPSC

Sharing is caring!