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Peace in Asia: India wants to work with China
Raghavendra in Beijing | June 06, 2008 12:40 IST
India on Friday said it wants to work with China to ensure peace and stability in Asia and 'beyond' by evolving a new 'security architecture' and restructuring of UN and other global political and economic institutions to bring them in line with current realities.
"An open and inclusive architecture, which is flexible enough to accommodate the great diversity that exists in Asia, is needed," External Affairs Minister Pranab Mukherjee told students and scholars at the prestigious Peking University in Beijing [Images].
The minister opposed creation of 'sub-regional security arrangements that are narrow and ultimately ineffective'.
In his speech on India's Foreign Policy, he said: "We already have some dialogue forums in place, such as ARF (ASEAN Regional forum), the CICA (Confidence-Building Measures in Asia) and the SCO (Shanghai Cooperation Organisation), where we are discussing security issues."
As two major countries in Asia, India and China should try to work together to evolve a new framework 'from these basic building blocks', he said.
"I have no doubt that they will help us address our common concerns, such as the security of the sea lanes of communication, which are critical to trade and energy flows in our region and on which the future of our two countries will depend," he told the audience.
As two large Asian states and as two of the fastest growing emerging economies of the world, 'cooperation between India and China transcends the bilateral sphere', he said, adding, "Indeed, it has global significance".
Mukherjee said both the countries also need to work together with other countries towards mutually beneficial economic globalisation that would draw on the dynamism and potential of India and China.
In this context, he said both countries must ensure that regional integration processes were inclusive so that they could contribute towards building an Asian Economic Community that 'is open, transparent and inclusive, and that provides a platform to create ever widening economic opportunity'.
Global governance structures -- be they in the political domain, such as the UN, or the economic domain, such as the IMF and World Bank -- were still based on a world order that 'is a 60-year-old relic' from the middle of the last century, Mukherjee said.
"It is important for India and China to work together to achieve this objective and give substance to the idea that both of us have a common responsibility and a common interest in shaping our world in the future.