China and India need further cooperation
The two most populous countries in the world should have a “farsighted, strategic and long-term perspective” in their joint effort to get over the global financial crisis, President Hu Jintao told Indian Prime Minister Manmohan Singh last Saturday.
Hu said that developing good-neighbourly relations has been a consistent policy of the Chinese government since China and India are major developing nations on the sidelines of the 7th Asia-Europe Meeting (ASEM).
The two countries should handle each other’s concerns because China and India have common interests in resolving global issues, ranging from the international financial crisis and climate change to energy and food security.
The two leaders’ meet last Saturday was the third time this year.
Singh said that the meeting was pleasant and Hu agreed at his idea that the two countries would achieve their bilateral trade target of $60 billion in 2010.
Singh expressed his satisfaction at the rapid growth of trade and the progress of talks to resolve the boundary issue with China.
“We also touched upon the boundary issue. Both of us expressed our keen desire to find an early settlement. We agreed that we should instruct our special representatives to expedite the process,” he said.
India has never attended the ASEM before and Singh said that the country’s presence had been felt.
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