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Indian FM in China for talks after border standoff
Source: AFP |
May 10, 2013, Friday
|
Print Edition
Print Edition
INDIAN Foreign Minister Salman Khurshid began a two-day trip to China yesterday, as the Asian giants seek to repair the damage from a border flare-up.
The world's two most populous countries have in recent years seen relations improve and trade boom, and both sides had sought to stay low-key over the latest row, which lasted several weeks.
Two-way trade totaled US$69 billion in 2012, dominated by US$54 billion of Chinese exports to India, figures from China's commerce ministry show.
A foreign ministry source in New Delhi said trade and commerce would feature "prominently" in the visit.
"India will be looking at making inroads into their pharmaceuticals and information technology sectors," the source said, adding that discussions on a cooperation agreement for better communications on the LAC were "most likely."
Khurshid will meet with China's Foreign Minister Wang Yi and other Chinese leaders.
Khurshid has said it was important to avoid "destroying" years of progress made between the two countries, while Indian Prime Minister Manmohan Singh also stressed his desire to avoid escalating the situation.
The informal frontier dividing the two countries, called the Line of Actual Control, has never been formally demarcated, although the two countries have signed accords to maintain peace in the area.
The standoff began in mid-April when India accused Chinese soldiers of setting up camp nearly 20 kilometers inside a disputed region. China dismissed the accusation as speculation of some Indian people.
The world's two most populous countries have in recent years seen relations improve and trade boom, and both sides had sought to stay low-key over the latest row, which lasted several weeks.
Two-way trade totaled US$69 billion in 2012, dominated by US$54 billion of Chinese exports to India, figures from China's commerce ministry show.
A foreign ministry source in New Delhi said trade and commerce would feature "prominently" in the visit.
"India will be looking at making inroads into their pharmaceuticals and information technology sectors," the source said, adding that discussions on a cooperation agreement for better communications on the LAC were "most likely."
Khurshid will meet with China's Foreign Minister Wang Yi and other Chinese leaders.
Khurshid has said it was important to avoid "destroying" years of progress made between the two countries, while Indian Prime Minister Manmohan Singh also stressed his desire to avoid escalating the situation.
The informal frontier dividing the two countries, called the Line of Actual Control, has never been formally demarcated, although the two countries have signed accords to maintain peace in the area.
The standoff began in mid-April when India accused Chinese soldiers of setting up camp nearly 20 kilometers inside a disputed region. China dismissed the accusation as speculation of some Indian people.
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