India-Vietnam Trade Target $7 billion end of 2015

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NEW DELHI:  

India and Vietnam decided to work on before India-ASEAN free trade pact in services apart from setting a bilateral trade target of USD 7 billion by 2015 to give a boost to economic ties.Here we explain some facts that helps you to judge the question arrives in bank exam and others

There is 11-member Association of South East Asian Nations ( ASEAN)


Vietnamese
President Troung Tan Sang and Prime Minister Manmohan Singh held  talks on bilateral issues to boost strategic and trade ties on oct 2011

"We have set our target to  7 billion US dollars by 2015. We have agreed to work towards an early finalization of the India-ASEAN Free Trade Agreement in Services and Investment," Singh said, adding India is committed to greater investment flows between the countries.

  • In 2010  India-Vietnam bilateral trade: USD 2.7 billion Mark.
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Source:Economic Times
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