Today, Prime MInister Narendra Modi & Chinese President Xi Jinping adresses a joint press conference of 90 minutes and They discussed on various issues including 12 agreements have been signed between the countries. The pacts include coooperation in railways, outer space & customs.
Addressing the joint conference, Prime Minister, Narendra Modi said “I attach great importance and priority to our relations with China. We are two ancient civilizations with a long history of engagement. China is our largest neighour, and India`s neighbourhood occupies a special place in my national development plans and foreign policy. Today, we are the world`s two most populous countries and its two largest emerging economies. We are both undergoing economic transformation on an unprecedented scale and speed. Therefore, a climate of mutual trust and confidence; respect for each other`s sensitivities and concerns; and, peace and stability in our relations and along our borders are essential for us to realize the enormous potential in our relations. I am pleased with the agreements on two Chinese industrial parks in India and a commitment to realize about 20 billion U.S. dollars of Chinese investments in the next five years. This opens a new chapter in our economic relations. We have also agreed on specific steps to enhance cooperation in upgrading India`s railways sector. We will begin the process of discussions on civil nuclear energy cooperation that will bolster our broader cooperation on energy security.
I raised our serious concern over repeated incidents along the border. We agreed that peace and tranquility in the border region constitutes an essential foundation for mutual trust and confidence and for realizing the full potential of our relationship. This is an important understanding, which should be observed diligently. While our border related agreements and confidence building measures have worked well, I also suggested that clarification of Line of Actual Control would greatly contribute to our efforts to maintain peace and tranquility and requested President Xi to resume the stalled process of clarifying the LAC.
We had a productive discussion on regional and international developments and agreed to strengthen our strategic dialogue on these issues. We both understand that India and China have a shared interest in a peaceful and stable region, including peace, stability and prosperity Afghanistan. We will build closer cooperation on the shared challenges of terrorism and extremism. We also agreed to cooperate on our many shared interests at the global level.”
