NEW DELHI, Nov 20 � In a significant move, India and Vietnam today inked an agreement for developing and expanding oil exploration projects in disputed South China Sea including allocation of new oil blocks, a pact that may irk China further, reports PTI.
The agreement, along with seven more, were inked after Prime Minister Manmohan Singh and Nguyen Phu Trong, General Secretary of the Vietnamese Communist Party, held extensive talks on key bilateral and regional issues and ways to enhance bilateral strategic ties.
�Both India and Vietnam belong to a region that holds enormous potential but also many challenges. We have a strong convergence of interests in working together and with others in the region, for a stable, peaceful and prosperous Asia. We have, therefore, sought to build a comprehensive relationship with a broad-based agenda of bilateral and regional cooperation,� Singh said at a joint media event with Nguyen.
