Economic

India extends USD500 million credit to Vietnam for defence equipment

“India extended a USD500 million credit line to Vietnam on 3 September to deepen bilateral defence ties and respond to emerging regional challenges, Indian Prime Minister Narendra Modi said during his maiden visit to the southeast Asian country: the first by an Indian prime minister in 15 years.”

Source: India extends USD500 million credit to Vietnam for defence equipment | IHS Jane’s 360

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