IndianTiger
FULL MEMBER
- Joined
- Jun 15, 2010
- Messages
- 608
- Reaction score
- 0
Jun 21, 2012, 08.53PM IST TNN [
Shobhan Saxena ] Prime Minister Manmohan
Singh shakes hands with
Chinese Premier Wen
Jiabao at a bilateral
meeting during Rio+20
Summit in Rio De Janeiro, Brazil on Wednesday.(PTI
Photo) RIO DE JANEIRO: In their 13th
meeting in eight years, Prime
Ministers Manmohan Singh and
Wen Jiabao on Wednesday
decided to take the India-
China relationship to the next level by giving a boost to
trade and priority to resolving
the border dispute between
the two countries. Going into
a huddle on the first day of
the Rio+20 conference here, the Indian Prime Minister,
who calls Wen his 'close
friend', agreed to take steps
to ensure that the bilateral
trade between the two
emerging economies reaches $ 100 billion (about Rs 5,60,000
cr) by 2015. The two-way
trade between the two
countries reached $74 billion in
2011, with China becoming
one of the largest trade partners of India and vice
versa.
With the delegates and
officials of almost all 190
countries present here
keeping an eye on the India- China bilateral, the prime
ministers of two emerging
economies of Asia emerged
from their 40-minute meeting
after agreeing to boost trade
and also give top priority to defence and security dialogue
between the two countries.
Speaking to media after the
crucial meeting, India foreign
secretary Ranjan Mathai said
during the meeting, the Indian prime minister invited Chinese
investment in infrastructure
in India. "The two leaders also
decided to start the export of
Indian rice to China soon," the
foreign secretary said, adding that the issue of trans-border
rivers flowing in India and
China also figured in the talks
which took place on the
sidelines of the UN summit on
sustainable development. With almost all G-7 leaders,
except French President
Francois Hollande, skipping the
meet, Manmohan Singh and
Wen are hogging all the
limelight, especially because the draft of the declaration to
be adopted at the end of the
summit tomorrow has a
major imprint of G-77+China
group. "The view of
developing nations that eradication of poverty should
be the top priority has
prevailed over the adoption
of green economy objectives.
This couldn't have happened
without close coordination between India and China and
summit host Brazil," says an
Indian delegate who has been
part of nerve-wracking
negotiations.
The closing of ranks by India and China at an important
global meet can have long-
term ramifications for the
balance of power in Asia as
well as the world at large. In
the meeting, Wen said the two sides need to further
consolidate their political and
strategic mutual trust and
ensure that their ties will
move forward on the right
track. "Under the current complex global and regional
circumstances, China and India
face mutual challenges and
opportunities," Wen said. On
the question of boundary
dispute between the two countries, the two ledaers said
the Special Representatives of
India and China have been
asked to prepare details of the
joint work done so far. One
important outcome of the meeting was that Indian
exporters can now begin
sending basmati rice to China
after both countries agree on
a mutually satisfactory
quarantine protocol. China has already okayed Indian
exports of basmati rice
following six-year process
during which many hurdles
that bar the entry of Indian
rice into the Chinese market were overcome.
Negotiations on the issue of
rice exports were on since
2006, when President Hu
Jintao visited India. Finally, it
was given a concrete shape during Hu's visit to New Delhi
for the BRICS summit in
March.
Shobhan Saxena ] Prime Minister Manmohan
Singh shakes hands with
Chinese Premier Wen
Jiabao at a bilateral
meeting during Rio+20
Summit in Rio De Janeiro, Brazil on Wednesday.(PTI
Photo) RIO DE JANEIRO: In their 13th
meeting in eight years, Prime
Ministers Manmohan Singh and
Wen Jiabao on Wednesday
decided to take the India-
China relationship to the next level by giving a boost to
trade and priority to resolving
the border dispute between
the two countries. Going into
a huddle on the first day of
the Rio+20 conference here, the Indian Prime Minister,
who calls Wen his 'close
friend', agreed to take steps
to ensure that the bilateral
trade between the two
emerging economies reaches $ 100 billion (about Rs 5,60,000
cr) by 2015. The two-way
trade between the two
countries reached $74 billion in
2011, with China becoming
one of the largest trade partners of India and vice
versa.
With the delegates and
officials of almost all 190
countries present here
keeping an eye on the India- China bilateral, the prime
ministers of two emerging
economies of Asia emerged
from their 40-minute meeting
after agreeing to boost trade
and also give top priority to defence and security dialogue
between the two countries.
Speaking to media after the
crucial meeting, India foreign
secretary Ranjan Mathai said
during the meeting, the Indian prime minister invited Chinese
investment in infrastructure
in India. "The two leaders also
decided to start the export of
Indian rice to China soon," the
foreign secretary said, adding that the issue of trans-border
rivers flowing in India and
China also figured in the talks
which took place on the
sidelines of the UN summit on
sustainable development. With almost all G-7 leaders,
except French President
Francois Hollande, skipping the
meet, Manmohan Singh and
Wen are hogging all the
limelight, especially because the draft of the declaration to
be adopted at the end of the
summit tomorrow has a
major imprint of G-77+China
group. "The view of
developing nations that eradication of poverty should
be the top priority has
prevailed over the adoption
of green economy objectives.
This couldn't have happened
without close coordination between India and China and
summit host Brazil," says an
Indian delegate who has been
part of nerve-wracking
negotiations.
The closing of ranks by India and China at an important
global meet can have long-
term ramifications for the
balance of power in Asia as
well as the world at large. In
the meeting, Wen said the two sides need to further
consolidate their political and
strategic mutual trust and
ensure that their ties will
move forward on the right
track. "Under the current complex global and regional
circumstances, China and India
face mutual challenges and
opportunities," Wen said. On
the question of boundary
dispute between the two countries, the two ledaers said
the Special Representatives of
India and China have been
asked to prepare details of the
joint work done so far. One
important outcome of the meeting was that Indian
exporters can now begin
sending basmati rice to China
after both countries agree on
a mutually satisfactory
quarantine protocol. China has already okayed Indian
exports of basmati rice
following six-year process
during which many hurdles
that bar the entry of Indian
rice into the Chinese market were overcome.
Negotiations on the issue of
rice exports were on since
2006, when President Hu
Jintao visited India. Finally, it
was given a concrete shape during Hu's visit to New Delhi
for the BRICS summit in
March.
.....you are like that
