: :inin Kyiv (EET)

India gives Vietnam $500 mn for defence spending


HANOI (AFP) – India said Saturday it is giving Vietnam half a billion dollars in credit to boost defence ties, the latest security deal between the two nations seeking to counter Beijing’s muscle-flexing in the South China Sea.Indian Prime Minister Narendra Modi made the announcement during a visit to Hanoi, which has gone on a spending spree in recent years to expand and modernise its military arsenal amid territorial disputes with Beijing in the strategically vital waterway.I am also happy to announce a new defence credit for Vietnam of $500 million for facilitating deeper defence cooperation, Modi told reporters after …read more

Source: Dunya TV

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