India and China should address key economic issues, including fair market access, trade imbalances and supply chain stability, Indian Foreign Minister S. Jaishankar said on Wednesday, as New Delhi continues efforts to rebuild ties with Beijing.
Jaishankar made the comments after meeting his Chinese counterpart Wang Yi on the sidelines of a regional gathering in Manila, the Philippines.
"There are also concerns about predictability of supply chains... We also need to agree on the meetings of various mechanisms and platforms as per our mutual priorities," Jaishankar said in a post on X.
He added that maintaining peace and stability along the disputed border remains essential for improving bilateral relations.
"Peace and tranquility in the border areas is obviously the prerequisite for normal ties," Jaishankar said.
"Since October 2024, both sides have engaged to ensure that important objective. This will continue to need our constant attention."
Relations between the two nuclear-armed neighbours began improving in 2024 following a meeting between Indian Prime Minister Narendra Modi and Chinese President Xi Jinping in October.
The talks helped ease tensions that had persisted since a deadly border clash in 2020 along the largely undemarcated Himalayan frontier. The confrontation left 20 Indian and four Chinese soldiers dead.
Following the diplomatic engagement, both countries resumed direct flights and India eased approval procedures for business visas for Chinese professionals.
Domestic media also reported that border trade between the two countries is expected to resume from 1 August, after a six-year suspension.
Despite recent diplomatic progress, economic tensions remain a key issue between New Delhi and Beijing.
China remains one of India's largest trading partners, with Indian imports from China reaching a record $132 billion in the 2025/26 financial year. The overall trade volume stood at $151.10 billion, with India's trade deficit exceeding $100 billion.
India relies heavily on Chinese imports for industrial machinery, components and other inputs needed for manufacturing.
Earlier this year, New Delhi eased some restrictions on Chinese investments in selected sectors, marking a significant step towards restoring economic cooperation.
While India and China have taken steps to stabilise relations, disagreements over trade, investment and border security continue to shape ties.
Officials from both countries have stressed that lasting improvement will depend on maintaining calm along the frontier while expanding cooperation in areas of mutual interest.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said.&nbs...
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on D...
Nigeria's first Ebola case in more than a decade may be linked to travel in Uganda, Swiss authorities said on Thursday, although the source of ...
Russia is willing in principle to resume peace talks with Ukraine and the United States in November, Kremlin aide Yuri Ushakov said after President Vladimir Putin met U.S. special envoy Steve Witkoff in St Petersburg.
Saudi Aramco has ordered staff to evacuate its headquarters amid escalating Houthi attacks on the kingdom. Two people were killed in an attack on Dammam airport, while Iran's IRGC Navy claimed strikes on seven vessels and warned the U.S. of a wider response.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said. Meanwhile, Russia said it had intercepted the vast majority of 630 Ukrainian drones launched towards Moscow.
Yemen's Houthis have denied targeting the holy city of Medina on Wednesday adding that they have not conducted any military operations towards Saudi Arabia either, denying earlier comments from the Saudi-led coalition in Yemen.
Georgia’s Constitutional Court in Batumi will on Wednesday hear a lawsuit seeking to ban five Georgian opposition parties, four of which collectively gained 784,820 votes (37.79 per cent) in the country’s last national elections in 2024.
Russian strikes on Ukraine overnight killed at least two people and injured 15 others, including two children, Ukrainian authorities said. Meanwhile, Russia said it had intercepted the vast majority of 630 Ukrainian drones launched towards Moscow.
Nigeria's first Ebola case in more than a decade may be linked to travel in Uganda, Swiss authorities said on Thursday, although the source of infection remains unclear. Uganda maintains it has no cases of the disease.
Super typhoon Champi is set to batter Japan’s Okinawa Prefecture from Friday (23 October), bringing violent winds, torrential rain and waves up to 11 metres high, as airlines cancel flights and organisers scrap a major festival.
Two women from Austria and Switzerland have been freed after lengthy periods in captivity in Niger, following extensive diplomatic efforts to secure their release amid growing concerns over kidnappings in the Sahel region.
France has reported its first known human case of Shamonda virus following the death of an infected patient, authorities said on Thursday (22 October). The virus, typically found in livestock, is believed to have been transmitted by a biting midge.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment