India and China agree to address trade concerns
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India and China agree to address trade concerns

The Economic Times··14 Sept

India and China agreed to expand economic cooperation and address trade concerns in a balanced manner, Chinese Embassy spokesperson Yu Jing said. She cited Saturday's meeting between Prime Minister Narendra Modi and President Xi Jinping. Xi called for treating each other as partners. Modi said border peace remains essential. The talks were on the BRICS summit sidelines.

Prism

What It Means For You

  • Both sides said economic and trade concerns should be handled in a balanced way.
  • Xi called for more people-to-people exchanges and direct flights.
  • Modi said ties should follow mutual respect, mutual sensitivity and mutual interest.

What's Happening

  • Yu Jing posted that the leaders agreed to expand mutually beneficial economic and trade cooperation.
  • Xi said institutional exchanges had resumed over two years and bilateral trade hit a new high.
  • Modi linked relationship progress to peace and tranquillity along the border.

What Else Was Discussed

  • Xi linked future ties to progress on the boundary question with mutual respect and understanding.
  • He called for coordination in BRICS, the United Nations, the SCO and the G20.
  • Xi urged support for each other's BRICS chairships and closer Global South cooperation.
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