President Barack Obama, who is on a three day visit to Vietnam, on Monday announced the US is lifting a decade-long arms embargo on the country.
Obama at a press conference co-chaired with Vietnamese President Tran Dai Quang in Hanoi, said the US may sell military weapons to Vietnam under a case-by-case basis, Xinhua news agency reported.
Quang, for his part, said: "Vietnam welcomes US decision to completely lift arms embargo."
The US imposed arms embargo on Vietnam in 1984 and the country has been under the embargo despite the normalisation of diplomatic ties in 1995.
In July 2013, former Vietnamese President Truong Tan Sang and Obama launched the Vietnam-US comprehensive partnership during Sang's visit to the US.
In 2014, the US partially lifted the 30-year-old arms embargo, allowing transfer of maritime security-related defence articles to Vietnam.
Pham Quang Vinh, Vietnamese ambassador to the US said ahead of Obama's visit that the embargo was "the last barrier in bilateral ties".
Obama arrived at Noi Bai international airport in Hanoi late on Sunday, kicking off his first visit as US president.
--IANS
py/vm
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
