China, Vietnam sign 14 deals from rail to crocodiles after leaders meet

The meeting signals the close ties between the two communist-run neighbours

China-Vietnam
China's President Xi Jinping held talks on Monday with Vietnam's new leader To Lam in Beijing. Image: Shutterstock
Reuters
3 min read Last Updated : Aug 19 2024 | 2:34 PM IST
China and Vietnam inked 14 documents spanning cross-border railways to crocodile exports on Monday, after Chinese President Xi Jinping met with Vietnam's new leader To Lam in Beijing.
 
Lam's visit to Beijing, his first overseas trip since he was appointed party chief early this month, signals a desire between the two communist neighbours to strengthen ties as trade and investment grow and despite occasional clashes over boundaries in the South China Sea.
 
"China has always regarded Vietnam as a priority in its neighbourhood diplomacy, and supports Vietnam in adhering to the Party leadership, taking the socialist path suited to its national conditions, and deepening the cause of reforms and socialistmodernisation," Xi said, underscoring establishing good working relations and a personal friendship with Lam.
 
Lam described the bilateral ties as a "top priority in Vietnam's external policy" and called his trip to China "the affirmation of the Party and the Vietnamese government to value the relation with China".
 
The two countries signed documents on planning and feasibility studies for standardised railway routes, in what appears as a new step towards the upgrade of cross-border rail links, after preliminary deals on the matter were signed in December during Xi's state visit to Hanoi.
 
In December, both countries said they would work on cross-border railway connectivity, naming three projects that included one connecting through mountainous Lao Cai in the Vietnam's northwest to the port city Haiphong and a potential one linking China's Shenzhen to Haiphong.
 
Vietnamese officials had said rail links would be high on the agenda when the top leaders meet.
 
The two nations are connected by two railways from southern China to Vietnam's northern industrial hub and capital Hanoi, but the Vietnamese infrastructure dates back to French colonial days and has a different gauge from Chinese high-speed rail, forcing passengers and goods to swap trains at the border.
 
Upgrading the Vietnamese side of the railways could boost trade and investment, as a growing number of Chinese manufacturers move some export-oriented operations to Vietnam amid trade tensions between China and the United States.
Other documents signed covered cooperationbetween central banks, media, health and the quarantine and inspection of coconuts, crocodiles and durians.
 
After the signing, Xi and Lam continued talks onimportant issues of common concern over tea in a "cordial and friendly atmosphere", Chinese official media Xinhua said.
 
The two countries will issue a joint declaration on further strengthening their strategic partnership, Xinhua said.
 
Lam arrived in China's southern province Guangzhou on Sunday for a three-day visit that would include meetings with Chinese Premier Li Qiang and other Chinese top officials.
 
While in Guangzhou, he visited some Chinese locations where former President Ho Chi Minh conducted revolutionary activities.
China and Vietnam forged diplomatic ties in 1950 and established a comprehensive strategic partnership of cooperation in 2008 that was jointly fortified five years later to extend to more shared international and regional issues of concern.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

Topics :ChinaVietnamXi JinpingBeijing

First Published: Aug 19 2024 | 9:52 AM IST

Next Story