TRIP OF WANG YI OF CHINA -AN ICEBREAKER

INDIA-CHINA RELATIONS:

WANG'S TRIP

Talks between Ms. Sushma Swaraj, the External Affairs Minister of India and the Foreign Minister of China Mr. Wang Yi are hopeful of attaining their target of 100 billion dollars in bilateral trade by 2015. India aims to make up the vast trade deficit of 31 billion dollars out of 65 billion dollars last year. So, it has to concentrate on more investment from China into Indian infrastructure, particularly in the Railway sector. India need not aspire for bullet trains but for the much faster trains China has. The two Ministers discussed the next steps on the long-standing border row as well as a road map for all the upcoming meetings between high-level Indian and Chinese dignitaries in the next few months of 2014. It can well be valued that the trip of Mr. Wang the Foreign Minister of China to India was an ice-breaker for the two countries and contentious issues, including ‘Tibet, hydel projects on the Brahmaputra and conflicts over the LAC.  Thus signs are seen to build up the trade –growth of India, by suitably maintaining the trade ratio between the countries.

^^^^^^^^^^^^^^^^^^^^^^

Google+ Comments