October 23, 2013 Beijing, CHINA -Two Giant Asian countries emerging towards the largest economy in the world was having troubled border standoff and had several war between them in the past had signed MOU On the accord of border dispute by the both the country on Wednesday to cooperate on border defense following a standoff between armed forces of the two Asian giants in disputed Himalayan territory earlier this year.
The agreement followed a meeting in Beijing between Chinese Premier Li Keqiang and visiting Prime Minister Manmohan Singh of India, who also had trade ties on the agenda as India seeks to gain greater access to Chinese markets and attract inbound Chinese investment.
Earlier Singh was received at the Great Hall of the People and accorded a ceremonial Guard of Honour, after which the two leaders met for restricted delegation talks followed by another meeting with full delegations from both sides.
After the talks, the two sides signed a series of agreements including the Border Defence Cooperation Agreement (BDCA).
Highlights of India-China joint statement:
What PM Manmohan Singh said:
• Delighted to be in Beijing once again at the invitation of Li Keqiang.
• Li and I have just concluded a very productive round of talks.
• We have agreed that prosperity and progress of Indian and Chinese people will be a major factor of global prosperity.
• We have agreed peace and tranquility must be the foundation of growth for both sides. This will be our strategic benchmark.
• The border defence pact that we have just signed will add to existing agreements to ensure peace on our borders.
• Determined to inject new dynamism in our economic cooperation.
• India-China CEOs forum was also meeting in Beijing in China while I had talks with Li.
• I hope that China will help facilitate visits of Indian nationals to China.
• Agreements and MoUs signed today in various areas – defence, road transport, trans-border rivers, power will build on our cooperation.
• When India and China shake hands, the world notices.
• I look forward to my other engagements with the Chinese leadership.
What Chinese premier Li Keqiang said:
• Express sympathies for the death and loss caused due to cyclone Phailin.
• Like to pay high tribute to the enormous economic and social progress made under the leadership of Manmohan.
• I also appreciate the efforts made by Manmohan Singh to better ties between China and India.
• I chose India as my first overseas destination after becoming the Chinese Premier.
• We have just had frank, sincere talks with India and have signed agreements in various fields.
• We discussed ways to boost political relations and mutual cooperation.
• Both sides have agreed to maintain high level visits.
• We have signed the border agreement, and we hope to maintain peace, tranquility and stability in border areas.
• Two sides have also agreed to hold counter terrorism training in China as well as work together to tackle terror.
• In the area of trade, we have agreed to make full use of existing mechanisms.
• Will also help India to set up industrial zones in the country as well as work on the India-Bangladesh-Myanmar-China corridor.
Singh arrived in Beijing on Tuesday night on a three-day visit. After his talks with Li, he is also scheduled to meet President Xi Jinping later.
In a rare honour for an Indian leader, President Xi Jinping will also host a dinner for Prime Minister Manmohan Singh.
Source: Times Of India