'The Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
The talks would be held in Moldo opposite the Chushul sector in India.
Bagchi said this when asked to comment on remarks by a Chinese diplomat that the situation in the India-China border areas is stable.
The official told the reporters during a conference call on Friday, ahead of the next week's 2+2 India-US Ministerial in New Delhi, that the Trump administration was providing support to India through defence sales, joint military exercises and information sharing.
The two militaries are set to hold extensive talks on finalising modalities for restoring normalcy and bringing back peace and tranquillity in the region after the verification of the disengagement exercise is completed.
The Indian Army has released photos and videos of its soldiers playing cricket at a very high-altitude forward location in eastern Ladakh amid the lingering border row with China along the Line of Actual Control (LAC) in the region.
Xi asked about their condition and whether they were able to "receive fresh vegetables" in the inhospitable terrain.
A joint economic group comprising commerce ministers of India and China is scheduled to meet in the first week of April to discuss the proposed India-China Free Trade Agreement (FTA), a commerce ministry official said today.
The Congress on Thursday accused the central government of evading a debate on India-China border face-off and asked why the Modi government has been running away from the issue.
Corps Commander-level meeting between armies of India and China was held in Chushul on Tuesday, to resolve the ongoing dispute over Chinese aggression along the Line of Actual Control (LAC) in Eastern Ladakh area, said Indian Army Sources.
In his opening remarks at the virtual summit of the Shanghai Cooperation Organisation (SCO), Modi also said that some countries use cross-border terrorism as an instrument of their policy and the grouping must not hesitate to criticise them.
'The border standoff, if not properly addressed by both sides, could escalate to a conventional or sub-conventional conflict between India and China,' predicts Srikanth Kondapalli, one of India's leading China experts.
The FIEO on Thursday reiterated that the Customs authorities at several ports in India had ordered a sudden examination of Chinese consignments without any official word from the government, and this may have led to the Chinese retribution.
The meeting started at around 11.30 am at Moldo on the Chinese side of Line of Actual Control (LAC) opposite Chushul to defuse the tensions in Eastern Ladakh sector due to Chinese military build-up, the sources said. This is the second meeting between the two corps commanders.
After a 59-year wait, an ancient trade route across a 150-year-old bridge is open near the India-China border in Uttarakhand.
Foreign Ministers of India and China will meet on Friday for a bilateral meeting in Moscow during which important international issues and terrorism in the region are likely to figure.
"After the Major General-level talks on Wednesday, the talks are expected to be held over the next few days in Chushul at multiple levels to find solutions to the dispute in specific areas," sources said.
India, China and other countries from the emerging markets are likely to grow at a high rate for sustained period of time as they have a long way to go to bring their people from agriculture into industry, US Treasury Secretary Timothy Geithner told US lawmakers.
The World Bank and The International Monetary Fund concluded their annual spring meeting here by increasing the voting rights of India, China and Brazil, among others, thus giving them more say in the institutions' functioning.
The US president's remarks in this regard come days after senior Indian and Chinese military commanders held talks aimed at resolving the months-long standoff along the Line of Actual Control in Ladakh. The two countries agreed to stop sending more troops to their disputed border in the Himalayas.
Chinese Foreign Minister Yang Jiechi met his counterpart S M Krishna in New Delhi on Thursday in the backdrop of Beijing's objection over Defence Minister A K Antony's recent visit to Arunachal Pradesh. Jiechi arrived in New Delhi on Wednesday to soothe nerves and boost bilateral ties between the nations. He is also expected to lay the groundwork ahead of the visit of Chinese President Hu Jintao to India for the BRICS summit scheduled later in March.
It is learnt that the Indian delegation insisted on a time-bound implementation of the agreement finalised during the extensive talks between External Affairs Minister S Jaishankar and his Chinese counterpart Wang Yi in Moscow on September 10 on the sidelines of a Shanghai Cooperation Organisation(SCO) meet.
India and China agreed during their military talks on Sunday to stay in close touch and work out a mutually acceptable solution to the "remaining issues" in eastern Ladakh at the earliest, but there was no indication of clear forward movement in ending their three-year-long border standoff.
The incident had taken place at a time when the Indian Foreign Minister, S Jaishankar, was in Moscow for the Shanghai Cooperation Organisation meeting, where he met his Chinese counterpart to address the border issues.
External Affairs Minister S Jaishankar is in Moscow on a four-day visit to attend the meeting of foreign ministers of the SCO of which both India and China are members.
In recent years, India, Pakistan and China have quietly been trying to get their nosecones ahead of each other. One tests a 2000-kilometre range missile and the other responds with a missile that can go up to 2200 kilometres
The defence minister said Prime Minister Narendra Modi and Chinese President Xi Jinping had an informal summit meeting at Wuhan where it was decided that peace and tranquillity will be maintained at the border.
What we are seeing is a demonstration of how in today's complex global scenario there can be issue-based coalitions of States.
Sources indicated that during Saturday's talks, India will insist on a faster disengagement process in remaining areas to bring down tension in the region, which has witnessed a tense standoff between the two militaries for over nine months.
The foreign ministers of both India and China will meet in Bengaluru on Tuesday on the sidelines of the Russia, India, China foreign ministers' conference.
The United States is lagging behind India, China and Brazil in rate of growth in research and development (R&D) indicators, a Pentagon report has said. The global investment in R&D rose to nearly USD 1.1 trillion in 2007 in the three major regions where R&D is funded, the report said.
The fourth edition of the India-China joint training exercise Hand-in-Hand 2014 kick-started on Monday at the Aundh Military Cantonment in Pune.
In the ongoing ISSF World Cup in Bhopal, Rudrankksh Patil bagged bronze, his second medal of the tournament.
In the document, Russia underlined that it will build on a privileged strategic partnership with India with a view to enhance and expand cooperation in all areas on a mutually beneficial basis.
The Indian delegation at Thursday's talks is likely to be led by Naveen Srivastava, Joint Secretary (East Asia) in the external affairs ministry, they said.
Sitharaman had a brief conversation with Chinese soldiers during her maiden visit to the Nathu La border post in Sikkim.
China on Monday said it has 'fully considered' the impact of the three dams it plans to be 1built on Brahmaputra river in Tibet and claimed the projects will not affect water flows to India.
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