China And India's Leaders Meet To Talk Trade, Border Issues

China And India's Leaders Meet To Talk Trade, Border Issues

Kerry Wise
April 29, 2018

"Other areas we spoke about include agriculture, technology, energy and tourism". Also, greater attention would be paid to implementing the agreed confidence-building measures, such as following the principle of mutual and equal security and strengthening institutional arrangements and information-sharing mechanisms.

Both China and India said they seek a fair settlement to their border disputes, and to this end, the Special Representatives appointed by the two nations will play a key role.

The two leaders yesterday held extensive talks amid the warmth and bonhomie.

Tensions also flared up a year ago on the Doklam Plateau on the border between China, India and Bhutan, with troops dispatched from both sides and facing off for months after China attempted to build a road there.

Addressing the media in Wuhan Saturday, Indian Foreign Secretary, Vijay Gokhale, said the two countries had the "maturity and the wisdom" to handle their differences through peaceful discussion.

"China and India are rapidly developing and playing an increasingly active role in world affairs", he said, adding that this is contributing to a more equitable global order.

The heads of State of the two Asian neighbors, whose combined economic might is greater than that of European countries, also agreed to work together for a joint economic project to be based in Afghanistan.

Meanwhile, sources said India and China have chose to work on a joint economic project in Afghanistan, a move that could upset Beijing's "all-weather ally" and New Delhi's arch-rival Pakistan, which borders Afghanistan. "The two leaders were very clear that we have converging interests".

China is India's largest trading partner with two-way trade of $87 billion, way behind the $100 billion by 2015 target they set in 2010.

Prince William May Have Just Hinted At The New Royal Baby's Name
The Duke returned to royal duties on Wednesday by joining Prince Harry and Meghan Markle at the ANZAC Day service in London . Prince William joked with press outside three kids meant "thrice the worry now", holding up three fingers with a smile.

The news agency also quoted experts as saying that Xi-Modi meeting is significant for bilateral ties and regional cooperation.

Modi mentioned the importance of balancing the trade, and the scope of the possibilities of agricultural and pharmaceutical exports to China.

An Indian and Chinese convergence on Afghanistan taking the shape of a joint venture is ground-breaking, the Times of India reported. "China and India should be good neighbours and good friends. They will not engage in closed and exclusive circles", he said.

Maintaining peace along India-China border region and issuing strategic guidance to respective militaries.

Given the state of relations, the Wuhan summit should be seen as a conscientious attempt to steer ties in a new direction, said Wang Lian, a professor at elite Peking University's School of International Relations.

"We must deal with differences in a more mature manner; we must strengthen coordination and cooperation in global and regional affairs and drive regional economic integration and interconnection", Xi said. Saturday is Day 2 of Modi's informal visit to meet his counterpart in Wuhan.

China's decision to team up with India in Afghanistan could upset Pakistan, which considers Beijing as its "all weather ally", sources said.

"The talks with President Xi Jinping focused on diverse areas of India-China cooperation".