Both India and China should respect each other and resolve issues through dialogues and join hands together for peace and prosperity, Sitharaman said.
'The future of BRICS is under stress as Chinese attempts to expand the platform are being resisted by India and Brazil.' 'Beijing is focused on a quick expansion with the aim of giving the platform a distinctly anti-Western orientation, which New Delhi and Brasilia seem to have no interest in,' notes Harsh V Pant.
Disengagement from the LAC will remain a chimera because China has given enough indications that the PLA will not move back any more. China has even deployed drones to monitor and deny any patrolling by Indian troops even in the buffer zones which are all in Indian Territory, explains Lieutenant General Prakash Katoch (retd).
'The events of 2020 have actually put our relationship under exceptional stress.' What External Affairs Minister Dr Subrahmanyam Jaishankar told the All India Conference of China Studies on Thursday, January 28, 2021.
The trade between India and China has touched an all-time high of $135.98 billion in 2022 while New Delhi's trade deficit with Beijing crossed for the first time a $100 billion mark despite frosty bilateral relations, according to data released by the Chinese customs on Friday. The total Sino-India trade for 2022 has climbed to 135.98 billion, overtaking the $125 billion mark a year earlier by registering an 8.4 per cent increase, according to the annual Chinese customs data. China's exports to India climbed to $118.5 billion, a year-on-year increase of 21.7 per cent.
India is not "rethinking" supporting investments from China, said Commerce and Industry Minister Piyush Goyal on Tuesday, referring to a proposal made in the Economic Survey 2024. The survey by India's chief economic advisor last week said India had two "choices" to benefit from the so-called China plus one strategy, either by integrating into that country's supply chain or by promoting foreign direct investment (FDI). "Chief economic advisor's report speaks about new ideas and gives out their own thinking. It is not at all binding on the government and there is no rethinking to support Chinese investments in the country," Goyal told reporters in Delhi.
The BRICS nations on Friday underlined the need for using local currencies in international trade and financial transactions besides committing themselves to supporting rule-based open and transparent global trade. A joint statement issued at the end of the meeting of the BRICS Ministers of Foreign Affairs and International Relations, also pressed for a robust Global Financial Safety Net with a quota-based and adequately resourced International Monetary Fund (IMF) at its centre. It further said the process of IMF governance reform under the 16th General Review of Quotas, including a new quota formula as a guide, should be completed by December 15, 2023.
During a weekly press briefing, the Foreign Office Spokesperson Mumtaz Zahra Baloch said that invitations have been sent to the heads of countries to participate in the meeting which will take place on October 15-16, the Dawn newspaper reported.
Recalling the 1962 War, Napalchayal said when Chinese troops reached near the Darma, Vyas and Johar valleys in the district, villagers helped the Army carry ammunition and food to border posts on sheep and mules.
Jaishankar also spoke about how he expected a change in Russia's direction towards the rest of the world and it may likely want multiple options in Asia.
'Disengagement is merely the first step in a lengthy process of arriving at a new normal along the LAC in Eastern Ladakh and the entire land boundary.' 'The Indian government should insist on the restoration of the status quo ante in Eastern Ladakh.'
The decision was taken during the annual 19th round of boundary talks in Beijing between National Security Advisor Ajit Doval and his Chinese counterpart Yang Jiechi.
He said the 2 countries have handled border issues in the past.
"The current border situation is overall stable," the Chinese diplomat said.
In the wake of reported incursion attempts by China, India on Wednesday said such incidents take place due to difference of perception about boundary and leaders of both the countries are in talks to resolve the issue.
Prime minister likely to visit Beijing, Shanghai; also President Xi's home province, Shaanxi. Nayanima Basu reports
External Affairs Ministry spokesperson Randhir Jaiswal said India is closely monitoring the security situation in that country.
An improvement in political relations, anchored in a restoration of peace and tranquillity at the border, could open up opportunities for expanded economic and commercial relations between them, suggests former foreign secretary Ambassador Shyam Saran.
He said that "the state of the border will determine the state of the relationship, that's natural".
Playing down recent border stand off in Ladakh ahead of Premier Li Keqiang's visit to India, China on Thursday said the two sides have the ability to prevent such issues from affecting overall growth of ties, while working "very hard" to find a solution at an "early date".
Both India and China have realised that if border incursions keep reoccurring, other issues of mutual interest will remain unstable. Sheela Bhatt reports
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
'After more than 20 years of understanding, nothing much seems to have been achieved. What the two countries have been trying to do is to manage the recurrence of border incursions. The two sides must address the disease, and not the symptom of the disease,' says Rup Narayan Das.
Chinese Foreign Minister Qin Gang will travel to India to attend the meeting of G20 foreign ministers on March 2, during which he is expected to hold his first bilateral meeting with External Affairs Minister S Jaishankar.
Foreign Secretary Harsh Vardhan Shringla terms India's relationship with China as "complex".
The PLA said the move has 'seriously damaged' border peace and tranquillity.
'As China rises and India grows to reclaim their earlier positions on the world stage as two of the largest economies and most important countries, there will indeed be some contention between these two powers.' 'There will also be plenty of space and room for cooperation amongst the two of us.' 'As our economic size increases to match the fact that we are the two most populous nations on earth, it will be all the more important for us to keep the interests of our peoples as well as those of the rest of the world in mind.' 'We shall have to grow together rather than as separate and disparate entities,' points out Ambassador Gautam Bambawale -- who served as India's ambassador to China -- in the 7th annual lecture of the Indian Association of Foreign Affairs Correspondents on March 1, 2019.
'My understanding is that by the time President Xi Jinping came for the Chennai summit [2019], he had already instructed his army to undertake the action in Galwan in the summer of 2020.'
Who knows, the moment of truth in Ladakh may also augur for a giant leap toward boundary settlement with China in the fulness of time. The news that the special representatives of the two countries are planning to meet gives a positive signal, suggests Ambassador M K Bhadrakumar.
'The fact that Modi and Xi exuded confidence to accelerate the negotiations for a border settlement alone underscores that the Russia-India-China triangle has become very dynamic,' notes Ambassador M K Bhadrakumar.
With regard to where relations between New Delhi and Beijing stand, the Union minister said that he does not have a definite answer to offer at "this moment".
Dispelling the notion that India-China are rivals, Bambawale also said there is no "anti-China mentality" in India.
'A lack of strategic trust and the 'persistent security dilemma' prevails between India and China,' points out Dr Rup Narayan Das.
After the outbreak of the pandemic in the country he has ruled with an iron hand in recent years, Xi Jinping, general secretary of the Communist party of China, has mostly stayed put in Beijing.
'These tactics are particularly evident in China's pursuit of its territorial and maritime claims in the South and East China Seas as well as along its border with India and Bhutan'
After a 59-year wait, an ancient trade route across a 150-year-old bridge is open near the India-China border in Uttarakhand.
It is apparent that an easing of tensions at the border and a disengagement of troops is on the cards, observes Ambassador M K Bhadrakumar.
Nevertheless, border dispute will feature prominently on Modi's agenda but the matter won't be discussed at length. Nayanima Basu reports
'At critical moments an inability to take tough decisions resulted in potentially far-reaching solutions slipping out of our grasp.' 'If similar opportunities come Narendra Modi's way will he act differently?' asks Karan Thapar.
Although the special relationship might compel Bhutan to be considerate of Indian interests, new challenges will likely arise. An emerging new phase of relations will also call for fresh redlines between India and Bhutan, observe Harsh V Pant and Aditya Gowdara Shivamurthy.
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