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India tightens Vietnam defence, oil ties ahead of China's Xi's visit

Sep 16, 2014    

NEW DELHI (Reuters) - India extended a $100 million export credit to Vietnam for defence deals and tightened energy ties on Monday, signaling a more confident foreign policy ahead of a visit this week by China's President Xi Jinping.India's new accords with one of China's rivals for influence in the South China Sea came as Xi visited the nearby islands of Sri Lanka and the Maldives, a reminder of the geostrategic jostling that is becoming an increasing feature in Asia. During a visit to Vietnam by President Pranab Mukherjee, the two countries said in a joint statement that the credit line w...

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