The meeting primarily focused on implementation of certain decisions taken at the fifth round of talks between Corps Commanders of the two armies last week on the disengagement process as well as to bring down prevailing tension in the region, sources said.
The Summit will take bilateral relations to a higher level and have a major and positive impact on regional and world peace, stability and development, Sun said.
The fresh round of India-China special representative talks, which were postponed in November after the Chinese protested the Dalai Lama's scheduled participation in a programme in New Delhi, will now be held on January 16-17 in the capital.
A six-kilometre-long tunnel will be constructed between Bundi and Garbiyang on the Ghatiabagar-Lipulekh road in Uttarakhand to make the way to the last border post of the Lipulekh pass on the India-China border smoother, a senior BRO official said on Tuesday.
Jaishankar's talks with Yang and later in the Strategic Dialogue were expected to cover the key India-China differences like China blocking India's bid to join the NSG and UN ban on Azhar.
India's engagement with China is "complex" and Chinese attempts to unilaterally alter the status quo along the Line of Actual Control (LAC) in eastern Ladakh starting from April-May 2020 seriously disturbed the peace and tranquillity in border areas, the ministry of external affairs (MEA) said in a report on Monday.
India-China bilateral trade hit a record $73.9 billion last year.
The Chinese side is said to have called off the 15th round of the talks between Special Representatives (SR) of both the sides after India refused to accept their demand that the congregation which was to be addressed by the Tibetan spiritual leader be called off.
China on Wednesday said the latest round of the border talks with India was held in a "candid and pragmatic atmosphere" and the two sides had a "positive, constructive and in-depth discussion" on the resolution of the remaining issues along the Line of Actual Control in the Western Sector.
Consensus remained elusive on a common BRICS currency as business leaders from the five-bloc nations debated the pivotal issue at a business forum on the periphery of a summit of the five-member bloc being hosted here by South Africa. In their two addresses at the Summit so far, the leaders of Brazil, Russia, India, China and South Africa have made no or scant references to the issue either. "The BRICS Business Forum discussed the international payments system in detail. "Participants also debated the question of whether a BRICS currency is possible or desirable, with strong views expressed both for and against and little consensus reached," Sim Tshabalala, chief executive of Standard Bank Group, told several hundred captains of industry from the partner countries and over 40 other nations across the globe at the Summit.
Prime Minister Narendra Modi on Tuesday said India will become the growth engine for the world in the coming years, and the ease of doing business has improved with "mission-mode" reforms being undertaken by his government. Speaking at the BRICS Business Forum Leaders' Dialogue in Johannesburg, Modi also said India soon will become a $5 trillion economy.
India on Monday pressed for early disengagement of troops in remaining friction points in eastern Ladakh during a fresh round of high-level military talks with China, people familiar with the matter said.
Nepal said it was confident that both its "friendly neighbours" India and China will resolve their border stand-off at the Line of Actual Control through peaceful means.
In an interview with The Wall Street Journal ahead of his first state visit to the United States, Modi also talked about the Ukraine conflict, saying some people say that India is neutral but it is on the side of peace.
'When democracy first came to Bhutan people had no idea and they were like 'What is that?' Oh it's that thing they have in India where the leaders are always fighting and arguing.' When I screened the film to Bhutan's film committee, they thought my film was good but they were concerned about that line. They wanted me to change that line. They said, 'We don't want to offend India.' I tried to tell them that Indians have a great ability to laugh at themselves but they insisted I change it.'
The United States will have to take into account the views of the European Union and countries like India, China and Japan while framing foreign economic policy because of their growing clout in the global market, a top US analyst has said.
The sources said the focus of the talks was to take forward the disengagement process in friction points like Hot Springs, Gogra and Depsang in eastern Ladakh.
While weaknesses in major developed economies continue to drag the global recovery.
"The contents of video being circulated are not authenticated. Attempt to link it with the situation on the Northern borders is mala fide," the army said in a statement. It said differences between the two sides are being addressed through interaction between military commanders following established protocols on management of border between the two countries.
Defence Minister Rajnath Singh on Thursday held talks with his Chinese counterpart Li Shangfu and is learnt to have discussed the lingering border row in eastern Ladakh.
'The choice of Dhoka La for the intrusion by Chinese troops is significant and suggests a twin objective of pressuring Thimpu to allow Beijing to establish an embassy there and reinforcing Chinese claims on Arunachal Pradesh,' warns former RA&W officer Jayadev Ranade.
India and China have already disengaged from the banks of Pangong lake after extensive talks and the Gogra Heights and Hot Springs areas are left to be resolved as these friction points were created post-Chinese aggression last year.
Italy, Greece, South Korea, Taiwan and Turkey also figure in the list released by Pompeo, who said over 20 countries have cut their oil imports from Iran, reducing purchases by more than one million barrels per day.
Forecasts of a frosty, rough patch in India-China relations, observers in New Delhi and Beijing told rediff.com, may be inaccurate, at least for now.
The state of the relationship between India and China will reflect the state of the border, external affairs minister S Jaishankar said on Thursday, referring to the lingering standoff in eastern Ladakh.
Ahead of the 50th anniversary of the 1962-war, China on Friday said that it "wholeheartedly" wishes to solve the border dispute with India through negotiations and maintain a friendly relationship. "China develops in a peaceful way wholeheartedly, and hopes to maintain a friendly and cooperative relationship with India. China wishes to settle boundary issues through negotiations wholeheartedly," Chinese foreign ministry spokesman Hong Lei said.
"It is natural that China and India, as two regional emerging powers, will possess similar and even overlapping maritime interests," an article from an official think tank in the state-run Global Times said on Wednesday.
India is set to press for early disengagement of troops from the remaining friction points in eastern Ladakh at a fresh round of high-level military talks with China on August 14, people familiar with the matter said on Saturday.
Officials in Beijing said the two countries were on course to meet the new target of $100 billion for 2015, set during Chinese Premier Wen Jiabaos recent visit to New Delhi.
The Israel Export Institute on Monday urged the Israeli industry and trade ministry to adopt a plan that would increase exports by $3 billion by the end of 2004.
For someone like me who studied Sam so intently, if a lump could form in the throat during the emotive scenes, I think the cast did a superb job, notes Lieutenant General Syed Ata Hasnain (retd).
'The assessment of most people is that there is a stable economic and political environment in India and that is attractive to investors.'
External Affairs Minister S Jaishankar said on Friday that India and China are going through a 'particularly bad patch' in their ties because Beijing has taken a set of actions in violation of agreements for which it still doesn't have a 'credible explanation' and it is for the Chinese leadership to answer where they want to take the bilateral relationship.
Global aviation industry would improve its profit from $6.7 billion to an estimated $8.4 billion thanks to the two countries.
The Chinese and the Indian troops were engaged in a standoff for 73 days in Doklam.
China, however, remained ambiguous about the status of its own troops.
The one-day event organised on Tuesday by the 2010 India-China Development Forum, which was set up with backing of China's top media houses and the Indian Embassy in Beijing, has displayed a heated debate, something that the Chinese media professionals have rarely seen and appeared to have thoroughly enjoyed.
The right path for the two sides is to respect and support each other as this serves our long-term interests, Chinese foreign minister said.
If India, China and the United States are to prosper in a globalised economy, a joint, cooperative transformation of their higher education systems was imperative, believes B M Naik, former principal of the engineering school at the Guru Gobind Singh College in Nanded, Maharashtra."To bring about this transformation from one level to the high level and to the global level and quality standard education, what is most important is that these ideas must move fast," he said.
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