India, China pledge to resolve outstanding differences
IRNA - Islamic Republic News Agency
New Delhi, Dec 16, IRNA -- India and China Thursday reached broad consensus on several issues and pledged firm commitment to resolve outstanding differences, including the boundary issue at the earliest through peaceful negotiations.
After holding talks on key security and strategic matters, Prime Minister Manmohan Singh and his Chinese counterpart Wen Jiabao issued a joint statement which said, 'There is enough space in the world for the development of both India and China and indeed, enough areas for India and China to cooperate.'
Noting that resolution of the boundary question is one of the ten-pronged strategies agreed by leaders of the two countries, the leaders decided that pending its resolution, the two sides shall work together to maintain peace and tranquility in the border areas in line with the previous agreements.
The two sides also noted the good cooperation between China and India in the field of trans-border rivers with the Indian side appreciating the assistance provided by the Chinese side on the flood-season hydrological data and emergency management.
Underlining their unequivocal opposition to terrorism in all its forms and manifestations, the two countries stressed that there is no justification for any act of terrorism anywhere.
'They committed themselves to countering terrorism through joint efforts that include disrupting the financing of terrorism,' the statement said.
Recognizing common interests and similar concerns on major regional and international issues, the two sides decided to enhance their coordination and cooperation in multilateral forums.
'China attaches great importance to India's status in international affairs as a large developing country, understands and supports India's aspiration to play a greater role in the United Nations, including in the Security Council,' the statement said.
The two sides also agreed to further broad-base and balance trade and economic cooperation and identify new opportunities to realise the vast potential for future growth.
India and China today set a trade target of 100 billion US dollars by 2015 and signed six pacts to give a further impetus to their bilateral cooperation.
The two countries agreed to take measures to promote greater Indian exports to China with the aim to reduce India's trade deficit. These measures include enhancing exchange in pharmaceutical sector and stronger relationship between Chinese enterprises and Indian IT companies. In a bid to boost trade and business, the two countries have also decided to set up a joint CEOs forum.
The agreements and MOUs are in the fields of green technologies, cultural exchange, media exchanges, hydrological data exchange and banking.
The agreements were signed after the delegation level talks between the Prime Minister Dr. Manmohan Singh and his Chinese counterpart Wen Jiabao. Deals worth 16 billion dollars were signed yesterday between the companies and institutions of the two countries.
Wen, who arrived in New Delhi Wednesday on a three-day India visit, will also address Indian Council of World Affairs later in the day to spell out his vision on India China relations. He will be calling on the Vice-President. He would have a meeting with Chairperson of UPA Mrs Sonia Gandhi.
In the evening, he would attend the closing event of Chinese Festival in India to celebrate the 60th anniversary of the establishment Indo-China diplomatic relations.
Leader of Opposition would call on Chinese Premier on Friday.
This is the second state visit by the Chinese Premier since 2005.
Premier Wen and Prime Minister Dr. Manmohan Singh have been meeting regularly including on the sidelines of the international fora. They last met in October this year in Hanoi during the East Asia Summit.
China is India’s largest neighbor. India share a 4000 km long boundary with China.
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