China and Vietnam Strengthen Ties with 37 Deals

China and Vietnam Strengthen Ties with 37 Deals

 

HANOI: In a historic meeting, China and Vietnam, despite ongoing tensions over the South China Sea, have announced their commitment to enhancing bilateral relations and building a "shared future." Chinese President Xi Jinping's visit to Hanoi, the first in six years, resulted in the signing of 37 deals covering diplomatic ties, railways, and telecommunications. This move comes just three months after Vietnam upgraded its formal relations with the United States.

 

China and Vietnam Strengthen Ties with 37 Deals

While China and the United States compete for influence in the strategically vital nation, the agreements signal a diplomatic accomplishment for Vietnam's "Bamboo diplomacy." However, analysts and diplomats caution that the improved relations may have more symbolic significance than tangible impact.

 

Among the agreements, Vietnam pledged to "support the initiative of building a community of shared future for humankind," a proposal reportedly pushed by China. The formal signing of this joint statement is expected to take place on Wednesday.

 

In a potential de-escalation gesture, the two nations inked cooperation agreements for joint patrols in the Tonkin Gulf in the South China Sea and established a hotline to manage fisheries incidents, as outlined in one of the agreements.

 

Digital Silk Road and Belt and Road Initiative Expansion

 

Beyond elevating diplomatic ties, the upgraded status also came with the announcement of 36 cooperation deals, although it fell short of the initially proposed 45, missing agreements on critical minerals and rare earths. President Xi had urged more cooperation in these areas in an opinion piece published in a Vietnamese state newspaper on Tuesday.

 

The deals included memoranda of understanding on cross-border rail development, emphasizing the development of aid. Both countries have advocated for boosting the rail link between the Chinese city of Kunming and the Vietnamese port of Haiphong, which traverses regions rich in rare earths. Strengthening rail networks would facilitate the import of components from China for assembly in Vietnam, aligning with China's Belt and Road Initiative (BRI).

 

Under the "two corridors, one belt" initiative, a Vietnamese term for infrastructure projects supported by China, both nations agreed to joint promotion. This move is expected to further extend China's influence in the region.

 

Digital Silk Road Plans Take Shape

 

President Xi's visit is set to bolster plans for the Digital Silk Road, and several deals were signed to foster cooperation in telecommunications and the digital economy. While the specifics of these agreements remain undisclosed, officials suggest that increased telecom cooperation may involve digital infrastructure like 5G networks and undersea optical fiber cables.

 

The outcome of this meeting holds significance not only for China and Vietnam but also for the broader geopolitical landscape in the South China Sea region. As both nations navigate complex diplomatic waters, the world watches to see whether these agreements will lead to lasting improvements in relations or remain symbolic gestures amid ongoing geopolitical complexities. 

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