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China steps up strategic tie-ups in Asia at expense of US

2014-10-30 15:37:27       source:NISCSS

October 27, 2014


"In a move that is likely to irk China, India and Vietnam will sign an agreement here tomorrow for oil exploration in South China Sea with the visiting Vietnamese Prime Minister Nguyen Tan Dung declaring that Indian ships would be allowed into the area despite Chinese protestations.


According to sources, India has decided to accept 2-3 Vietnamese oil blocks in the South China Sea based on the techno-commercial feasibility report by the ONGC Videsh Limited and an agreement in this regard would be inked tomorrow after the talks."


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