Indian Ocean Conference to bolster strategic cooperation

The third Indian Ocean Conference themed “Building Regional Architectures,” set to take place in Ha Noi over August 27-28, aims to promote strategic cooperation and trade ties between countries.
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The information was revealed by Nguyen Vu Tung, Director of the Diplomatic Academy of Vietnam (DAV) at a press conference in Ha Noi on August 21.

He said the event is also designed to enhance security frameworks and administration processes, and contribute to maintaining peace, stability, development, and connectivity in the region.

indian ocean conference to bolster strategic cooperation
At the press conference.

The Indian Ocean plays an important role in shaping the architecture of the Indo-Pacific region and has been the topic of numerous international forums, Tung said, adding that the conference also gives a chance to participating countries to learn more about the significance and strategic position of the Indian Ocean on the world’s map.

Topics cover security, economy, and trade across the Indian Ocean and neighbouring areas in the Indo-Pacific region, evolving regional architectures, cooperation between concerned countries in trust building, respect for international standards and laws, peaceful settlement of disputes, oceanic administration, and the settlement of non-traditional security challenges at sea. 

Regarding the selection of Vietnam as the venue of the event, Indian Ambassador to Vietnam Harish Parvathaneni hailed the healthy growth of Vietnam-India ties, as demonstrated by their establishment of a comprehensive strategic partnership in 2016, with two-way trade nearing 13 billion USD in 2017, and regular exchange visits by senior leaders during the occasion of the 45th anniversary of diplomatic ties. 

Vietnam is one of the fastest growth rate achieving nations in Southeast Asia and the Indo-Pacific region and is seen as a pillar in India’s Act East policy, the Indian diplomat noted. 

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(Source: VOV)