The Second Informal Meeting of the Leaders of China and India has yielded fruitful results

category:Finance
 The Second Informal Meeting of the Leaders of China and India has yielded fruitful results


The two leaders believe that the international situation is undergoing major adjustments. China and India are committed to building a peaceful, secure and prosperous world. All countries can seek development in an international order based on international law, jointly promote multilateralism, democratize international relations and safeguard the common interests of developing countries.

The two leaders recognized that China and India share broad common interests in maintaining and promoting an inclusive international order based on international law, including promoting reforms reflecting the new pattern of the 21st century. Both sides agreed that the rule-based multilateral trading system should be supported and strengthened at a time when global trade practices and norms were questioned. China and India will continue to promote open and inclusive trade arrangements for the benefit of all countries.

The two leaders also highlighted the important efforts of their countries to meet global development challenges, including climate change and sustainable development goals. Emphasizes that the efforts of China and India will help the international community to achieve the relevant goals.

Both leaders believe that China and India are victims of terrorism. They are committed to combating terrorism in all its forms and call on all countries to strengthen international cooperation in combating terrorism.

Both leaders agreed that as an important contemporary civilization with a long tradition, China and India should strengthen dialogue and enhance the understanding of each others cultures. The two leaders also agreed that as the major ancient oriental civilizations, the two sides should jointly promote dialogue and understanding among different cultures and civilizations.

The two leaders exchanged views on the long-standing commercial ties and cultural exchanges between China and India over the past two thousand years, noting in particular the large number of maritime exchanges. It agreed to establish friendly provincial-state relations between Fujian Province and Tamil Nadu State. Based on the experience of cooperation between Dunhuang Research Institute and Ajiandao Grottoes Cultural and Expo Institutions, it discussed the feasibility of carrying out historical and cultural studies between the two places and carried out the study of maritime exchanges between China and India.

The two leaders affirmed the importance of an open, inclusive, prosperous and stable environment and better interconnection for the prosperity and stability of the region. On this basis, China is ready to actively promote cooperation between China, India, Myanmar and Bangladesh with India and other relevant countries. They also agreed to make joint efforts to complete mutually beneficial and balanced negotiations on the Comprehensive Regional Economic Partnership Agreement as soon as possible.

The two leaders exchanged views on the common vision and goals of economic development in their respective countries. It is agreed that the simultaneous development of China and India has brought beneficial opportunities to each other. Both sides should continue to view each other in a positive, pragmatic and open mind, enhance understanding of each others policies and behaviors, and adhere to the general direction of friendly cooperation. To this end, the two sides agreed to continue to strengthen strategic communication on issues of common concern, make good use of the mechanism of dialogue and exchange between the two countries, and maintain the momentum of high-level exchanges. Decides that 2020 will be the Year of Sino-Indian Humanistic Exchange, and agrees to hold 70 activities to celebrate the 70th anniversary of the establishment of diplomatic relations between China and India in 2020, including seminars, reviewing the historical ties between the two countries, exploring future cooperation, and deepening exchanges at all levels between the legislatures, political parties, cultures, youth groups and the armed forces of the two countries.

To further deepen bilateral economic cooperation, the two leaders decided to establish a high-level economic and trade dialogue mechanism to strengthen bilateral trade and investment cooperation and better promote the balanced development of bilateral economic and trade cooperation. It was agreed to encourage mutual investment in potential areas by exploring the establishment of a manufacturing partnership and appoint officials from both sides to advance this idea at the meeting of the high-level economic and trade dialogue mechanism.

The two leaders exchanged views on outstanding issues, including border issues. They welcomed the work of the Special Representatives of the two sides and asked them to continue their efforts to reach a mutually agreed framework on the basis of the political guiding principles for the settlement of the border issue reached by the two sides in 2005, so as to find a fair, reasonable and mutually acceptable solution to the border issue. The two leaders reiterated that the two sides will continue to work for the maintenance of peace and tranquility in the border areas, and to this end will agree on more confidence-building measures. The two sides will carefully manage their differences so that they do not escalate into disputes.

President Xi Jinping and Premier Modi actively evaluated the form of informal meetings, which is an important opportunity for leaders of the two countries to deepen dialogue and enhance mutual understanding. The leaders of the two countries will continue to maintain strategic communication in the form of informal meetings.