PM Narendra Modi holds informal talks with Chinese President Xi Jinping

Apr 28, 2018 07:34 IST
PM Narendra Modi holds informal talks with Chinese President Xi Jinping

The first-ever informal meet between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping began on April 27, 2018 at Hubei Provincial Museum, in the city of Wuhan in China.

The two-day meet is expected to see the two leaders exchange a series of one-on-one conversations on various issues including bilateral, global and regional issues. The leaders are expected to review the developments in their bilateral relations from a strategic and long-term perspective.

The Indian Prime Minister arrived in Wuhan early on April 27. He was greeted by a grand welcoming ceremony hosted by Chinese President Xi Jinping.

Objective

The informal summit aims to create a broad framework for India-China ties and build trust between the two leaders.

It reflects the desire of the two leaders to reset and rebuild the ties between India and China to a new level of warmth and cooperation.

In the second half of 2017, tensions between India and China were on an all-time high with the 73-day long Dokalam standoff.

Key areas of Discussion

The Wuhan summit is expected to initiate discussions between Modi and Xi Jinping on a host of issues ranging from US President Donald Trump's trade policies, protectionism, globalization, Xi's ambitious Belt and Road Initiative (BRI) to the India-China border dispute.

 



Key Highlights

• With both China and India being highly populous nations with a total population of over 2.6 billion, there is huge potential to be tapped in various areas.

• In an official statement, the Chinese ministry of commerce announced on April 26 that India’s trade with China had gone up by more than 22 percent in the first quarter of 2018.

• It said that by the end of 2017, Chinese investments into India added up to more than 8 billion US dollar, as India has become an important market for infrastructure cooperation among Chinese companies and a major investment destination.

• No agreement or joint statement is expected to be issued at the end of the summit given its informal nature.

• According to officials, it is a summit to forge consensus to resolve the issues with follow up actions by officials than announcing any agreements.

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