Prime Minister Mr Narendra Modi at the Shanghai Cooperation Organisation (S.C.O) Summit refused to endorse Chinese President Jinping’s project ‘One Belt-One Road (O.B.O.R) as it violates the India’s sovergenity by passing through the Pak-occupid Kashmir by one of its project the China-Pakistan economic corridor.
He called upon the Summit members comprising India, Russia, Pakistan, Kazagkistan, Kirgistan, Uzbekistan, Tajkistan and China to secure- security economic development, connectivity in the region, unity among members, respect of soveriginity and integrity and environment protection.
He cited unfortunate example of the effects of terrorism and extremism in Afghanistan. He expressed the hope and confidence that under the leadership of Afghanistan President Mr Ghani country will be able to root out the terrorism.
Mr Modi and Mr Jinping held bilateral talks for deepening the relations. Six week earlier on April 27-28 both the leaders held informal summits confined between the two at Wuhan in China. Mr Modi invited Mr Jinping for another informal summit in India next year and Chinese President has accepted the invitation. The dates will be decided later.
The China has agreed to provide India hydrological data of the Brahmaputra River in flood season. Earlier China stopped the practice of sharing information on the river. The flood season of River Brahmaputra is from May 15 to October 15. The China withheld the data after both the army stand off at Doklam over a road being built by the China in the area.
The both countries have signed an agreement, under which China has agreed to import non-basmati rice. India currently only exports basmats rice to China.
The Chinese President suggested to Mr Modi that the two country set up a new bilateral trade target of 100 billion dollars by 2020 as China is looking at exporting non-basmati rice as well as sugar to address the trade deficit that is persisting on Indian side. The trade deficit with China stood 36.73 billion dollar during the April – October this fiscal.
Both Mr Modi and Mr Jinping agreed to identify a project in capacity building in Afghanistan on which the two countries can work together. The idea the two countries can work together in Afghanistan on economic project had originated in the Wuhan summit. Significantly for India the China also agreed to re-new agreement which calls for sharing the hydrological date on Brahmaputra.
Both the leaders have met on more than a dozen occasion in past four years are trying to rise about the historical and policy trapping that held India-China relative to an on settled state for decades.