China and Vietnam Strengthen Ties with 14 New Agreements

China and Vietnam have signed 14 documents covering areas from cross-border railways to crocodile exports. This comes after a meeting between Chinese President Xi Jinping and Vietnam's new leader To Lam in Beijing. The agreements signify mutual efforts to boost trade and investment despite occasional maritime disputes.


Devdiscourse News Desk | Updated: 19-08-2024 13:35 IST | Created: 19-08-2024 13:35 IST
China and Vietnam Strengthen Ties with 14 New Agreements
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China and Vietnam inked 14 strategic documents on Monday, covering cross-border railways and crocodile exports, marking the first overseas visit by Vietnam's new leader To Lam to Beijing. The agreements signal a mutual desire to fortify bilateral ties amid growing trade and investment.

During the meeting with Chinese President Xi Jinping, Xi emphasized Vietnam's significance in China's neighborhood diplomacy and expressed support for Vietnam's adherence to socialist policies under the Party leadership. Xi also highlighted the potential for expanded cooperation between the two nations.

Lam reaffirmed Vietnam's commitment to its relationship with China, describing it as a "top priority." This visit follows a series of joint declarations and preliminary agreements aimed at boosting cross-border railway connectivity. Upgrading rail links could benefit both countries, especially as Chinese manufacturers shift operations to Vietnam amid U.S.-China trade tensions.

(With inputs from agencies.)

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