Latest news with #IndianNationalSecurity
Dubai Eye
16 hours ago
- Business
- Dubai Eye
India, China agree to resume direct flights, boost business links
India and China agreed on Tuesday to resume direct flights and step up trade and investment flows as the neighbours rebuild ties damaged by a 2020 border clash. The Asian giants are cautiously strengthening ties against the backdrop of US President Donald Trump's unpredictable foreign policy, staging a series of high-level bilateral visits. The two countries would resume direct flights and boost trade and investment, including reopening border trade at three designated points, and facilitate in visas, the Indian foreign ministry said. Direct flights were suspended since the COVID-19 pandemic in 2020. The latest statements came at the end of Chinese Foreign Minister Wang Yi's two-day visit to New Delhi for the 24th round of talks with Indian National Security (NSA) Advisor Ajit Doval to resolve their decades old border dispute. The border talks covered issues related to pulling back troops both countries have amassed on their Himalayan border, delimitation of borders and boundary affairs, the Indian ministry said. Both countries have agreed to set up a working group to consult and coordinate on border affairs to advance demarcation negotiations, a Chinese foreign ministry statement released on Wednesday showed. It said the mechanism will extend talks to cover the eastern and middle sections of the border. Meanwhile, another round of talks on the western section will be held as soon as possible, the ministry said. Beijing also said both countries agreed to meet again in China in 2026. "Stable, predictable, constructive ties between India and China will contribute significantly to regional as well as global peace and prosperity," Prime Minister Narendra Modi posted on X after meeting Wang. Modi is scheduled to travel to China at the end of this month to take part in the summit of the Shanghai Cooperation Organisation - his first visit to the country in more than seven years. TIBET DAM A readout from the Chinese foreign ministry said Wang told Doval that "the stable and healthy development of China-India relations is in the fundamental interests of the two countries' people". The two sides "should enhance mutual trust through dialogues and expand cooperation," Wang said, and should aim for consensus in areas such as border control and demarcation negotiations. India said Foreign Minister Subrahmanyam Jaishankar had underlined in his talks with Wang India's concerns with regard to the mega dam China is building on the Yarlung Zangbo river in Tibet. Yarlung Zangbo becomes the Brahmaputra as it flows into India and Bangladesh, a lifeline for millions. The dam would have implications for lower riparian states and the need for "utmost transparency" was strongly underlined, New Delhi said. To that, China agreed to share with India emergency hydrological information on relevant rivers on humanitarian principles, China's foreign ministry said. Both sides agreed to engage an expert-level mechanism on cross-border rivers, and maintain communication to renew flood reporting arrangements, the ministry said. Chinese officials had previously said hydropower projects in Tibet will not have a major impact on the environment or on downstream water supplies, but India and Bangladesh have nevertheless raised concerns. Earlier on Tuesday, an Indian source said Wang had assured Jaishankar that Beijing was addressing three key Indian concerns - the need for fertilisers, rare earths and tunnel boring machines.
Mint
a day ago
- Business
- Mint
India-China trade ties: What does it mean for investors and which sectors may benefit? Explained
Amid US President Donald Trump's unpredictable foreign policy, Asian giants — India and China — are cautiously strengthening ties by staging a series of high-level bilateral visits. In a series of positive developments, two countries have agreed to resume direct flights and boost trade and investment, including reopening border trade at three designated points, and facilitating visas, the Indian foreign ministry said. The latest statements came following the visit of Chinese Foreign Minister Wang Yi to New Delhi for the 24th round of talks with Indian National Security (NSA) Advisor Ajit Doval to resolve their decades-old border dispute. Meanwhile, Prime Minister Narendra Modi is scheduled to travel to China at the end of this month to take part in the summit of the Shanghai Cooperation Organisation, his first visit to the country in more than seven years. According to analysts, this development signals a potential recalibration in India–China relations, which gains significance amid high Trump tariffs on two of the world's biggest economies. Importance of India-China ties amid Trump's tariff tantrum India and China together represent 37% of humanity and are the anchors of the BRICS bloc. "A closer alignment between the two could amplify the voice of the Global South on issues ranging from trade and climate to technology and peacebuilding," said Harshal Dasani, Business Head at INVasset PMS. He believes the India-China trade talks and progressive signs on other fronts come at a time when the world economy is under stress from tariff wars and protectionism, and holds weight to shift the balance in global governance. The Indian government is recalibrating its foreign policy by strengthening engagement with China, as well as other members of the BRICS group, a shift that underscores its increasingly tense ties with the US under Trump. The recent India–China talks signal a strategic shift alongside mounting pressure from Trump's tariffs, opined Ross Maxwell, Global Strategy Lead at VT Markets. Chinese Foreign Minister Wang Yi's visit to Delhi, alongside renewed diplomatic ties and eased export restrictions, is a signal that both sides are trying to help ease the economic friction created by US tariffs, and is one example of how these tariffs will cause global realignment on how trade is conducted, Maxwell added. What does better India-China ties mean for investors? Analysts foresee several industries and sectors gaining from strategic ties between the two countries. An enhanced India–China relationship helps India secure vital industrial inputs and infrastructure supplies, supporting strategic resilience against US protectionism. Meanwhile, they also see access to capital and advanced technology for India "The SCO Summit in China could mark the beginning of this pragmatic reset," said Dasani. Which sectors can gain from India-China ties? According to analysts, defence, renewable energy, tourism, and manufacturing are among the top sectors that seem to gain from the trade ties between the two Asian countries. "Many sectors stand to benefit from these talks including, critical minerals and rare-earths, where China controls a substantial amount of global production and processing. These are essential for electronics, defence and renewable energy industries," Maxwell opined. Meanwhile, Dasani of INVasset PMS sees sector-specific gains from better bilateral relations for the following: Renewables & Green Tech: China's leadership in solar, wind, EVs, and battery technology can complement India's clean energy transition and PLI schemes. Tourism & Aviation: Direct flights and easier visas could revive travel flows, benefiting India's hospitality and aviation sectors. Pharma & Healthcare: Cooperation could strengthen supply chains, lowering input costs for India's pharma industry. Manufacturing: Indian companies can benefit from Chinese investments and technology transfers, while continuing to push 'Make in India.' Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.
Express Tribune
a day ago
- Business
- Express Tribune
India, China agree to resume direct flights
India and China agreed on Tuesday to resume direct flights and step up trade and investment flows as the neighbours rebuild ties damaged by a 2020 border clash. The Asian giants are cautiously strengthening ties against the backdrop of US President Donald Trump's unpredictable foreign policy, staging a series of high-level bilateral visits. The latest statements came at the end of Chinese Foreign Minister Wang Yi's two-day visit to New Delhi for the 24th round of talks with Indian National Security (NSA) Advisor Ajit Doval to resolve their decades old border dispute. The border talks covered issues related to pulling back troops both countries have amassed on their Himalayan border, delimitation of borders and boundary affairs, the Indian foreign ministry said, without elaborating. The talks appeared to have made no major breakthrough on those issues and Beijing said both countries agreed to meet again in China in 2026. But it also said the two countries would resume direct flights and boost trade and investment, along with smooth facilitation of visas. Direct flights have been suspended since the COVID-19 pandemic in 2020. No date was given for their resumption. "Stable, predictable, constructive ties between India and China will contribute significantly to regional as well as global peace and prosperity," Prime Minister Narendra Modi posted on X after meeting Wang. Modi is scheduled to travel to China at the end of this month to take part in the summit of the Shanghai Cooperation Organisation — his first visit to the country in more than seven years. Tibet dam A readout from the Chinese foreign ministry said Wang told Doval that "the stable and healthy development of China-India relations is in the fundamental interests of the two countries' people". The two sides "should enhance mutual trust through dialogues and expand cooperation," Wang said, and should aim for consensus in areas such as border control and demarcation negotiations. India said Foreign Minister Subrahmanyam Jaishankar had underlined in his talks with Wang India's concerns with regard to the mega dam China is building on the Yarlung Zangbo river in Tibet. Yarlung Zangbo becomes the Brahmaputra as it flows into India and Bangladesh, a lifeline for millions. The dam would have implications for lower riparian states and the need for "utmost transparency" was strongly underlined, New Delhi said. Chinese officials say hydropower projects in Tibet will not have a major impact on the environment or on downstream water supplies, but India and Bangladesh have nevertheless raised concerns. Earlier on Tuesday, an Indian source said Wang had assured Jaishankar that Beijing was addressing three key Indian concerns — the need for fertilisers, rare earths and tunnel boring machines. The Indian foreign and mines ministries and China's commerce ministry did not immediately respond to requests for comment.
New Straits Times
a day ago
- Business
- New Straits Times
India, China agree to resume direct flights, boost business links
NEW DELHI: India and China agreed on Tuesday to resume direct flights and step up trade and investment flows as the neighbours rebuild ties damaged by a 2020 border clash. The Asian giants are cautiously strengthening ties against the backdrop of US President Donald Trump's unpredictable foreign policy, staging a series of high-level bilateral visits. The two countries would resume direct flights and boost trade and investment, including reopening border trade at three designated points, and facilitate in visas, the Indian foreign ministry said. Direct flights have been suspended since the COVID-19 pandemic in 2020. No date was given for their resumption. The latest statements came at the end of Chinese Foreign Minister Wang Yi's two-day visit to New Delhi for the 24th round of talks with Indian National Security (NSA) Advisor Ajit Doval to resolve their decades old border dispute. The border talks covered issues related to pulling back troops both countries have amassed on their Himalayan border, delimitation of borders and boundary affairs, the Indian ministry said. Both countries have agreed to set up a working group to consult and coordinate on border affairs to advance demarcation negotiations, a Chinese foreign ministry statement released on Wednesday showed. It said the mechanism will extend talks to cover the eastern and middle sections of the border. Meanwhile another round of talks on the western section will be held as soon as possible, the ministry said. Beijing also said both countries agreed to meet again in China in 2026. "Stable, predictable, constructive ties between India and China will contribute significantly to regional as well as global peace and prosperity," Prime Minister Narendra Modi posted on X after meeting Wang. Modi is scheduled to travel to China at the end of this month to take part in the summit of the Shanghai Cooperation Organisation - his first visit to the country in more than seven years. TIBET DAM A readout from the Chinese foreign ministry said Wang told Doval that "the stable and healthy development of China-India relations is in the fundamental interests of the two countries' people." The two sides "should enhance mutual trust through dialogues and expand cooperation," Wang said, and should aim for consensus in areas such as border control and demarcation negotiations. India said Foreign Minister Subrahmanyam Jaishankar had underlined in his talks with Wang India's concerns with regard to the mega dam China is building on the Yarlung Zangbo river in Tibet. Yarlung Zangbo becomes the Brahmaputra as it flows into India and Bangladesh, a lifeline for millions. The dam would have implications for lower riparian states and the need for "utmost transparency" was strongly underlined, New Delhi said. To that, China agreed to share with India emergency hydrological information on relevant rivers on humanitarian principles, China's foreign ministry said. Both sides agreed to engage an expert-level mechanism on cross-border rivers, and maintain communication to renew flood reporting arrangements, the ministry said. Chinese officials had previously said hydropower projects in Tibet will not have a major impact on the environment or on downstream water supplies, but India and Bangladesh have nevertheless raised concerns. Earlier on Tuesday, an Indian source said Wang had assured Jaishankar that Beijing was addressing three key Indian concerns - the need for fertilisers, rare earths and tunnel boring machines. The Indian foreign and mines ministries and China's commerce ministry did not immediately respond to requests for comment.
AsiaOne
a day ago
- Business
- AsiaOne
India, China agree to resume direct flights, boost business links, Asia News
NEW DELHI — India and China agreed on Tuesday (Aug 19) to resume direct flights and step up trade and investment flows as the neighbours rebuild ties damaged by a 2020 border clash. The Asian giants are cautiously strengthening ties against the backdrop of US President Donald Trump's unpredictable foreign policy, staging a series of high-level bilateral visits. The two countries would resume direct flights and boost trade and investment, including reopening border trade at three designated points, and facilitate in visas, the Indian foreign ministry said. Direct flights have been suspended since the Covid-19 pandemic in 2020. No date was given for their resumption. The latest statements came at the end of Chinese Foreign Minister Wang Yi's two-day visit to New Delhi for the 24th round of talks with Indian National Security (NSA) Advisor Ajit Doval to resolve their decades old border dispute. The border talks covered issues related to pulling back troops both countries have amassed on their Himalayan border, delimitation of borders and boundary affairs, the Indian ministry said. Both countries have agreed to set up a working group to consult and coordinate on border affairs to advance demarcation negotiations, a Chinese foreign ministry statement released on Wednesday showed. It said the mechanism will extend talks to cover the eastern and middle sections of the border. Meanwhile another round of talks on the western section will be held as soon as possible, the ministry said. Beijing also said both countries agreed to meet again in China in 2026. "Stable, predictable, constructive ties between India and China will contribute significantly to regional as well as global peace and prosperity," Prime Minister Narendra Modi posted on X after meeting Wang. Modi is scheduled to travel to China at the end of this month to take part in the summit of the Shanghai Cooperation Organisation — his first visit to the country in more than seven years. Tibet dam A readout from the Chinese foreign ministry said Wang told Doval that "the stable and healthy development of China-India relations is in the fundamental interests of the two countries' people". The two sides "should enhance mutual trust through dialogues and expand co-operation," Wang said, and should aim for consensus in areas such as border control and demarcation negotiations. India said Foreign Minister Subrahmanyam Jaishankar had underlined in his talks with Wang India's concerns with regard to the mega dam China is building on the Yarlung Zangbo river in Tibet. Yarlung Zangbo becomes the Brahmaputra as it flows into India and Bangladesh, a lifeline for millions. The dam would have implications for lower riparian states and the need for "utmost transparency" was strongly underlined, New Delhi said. To that, China agreed to share with India emergency hydrological information on relevant rivers on humanitarian principles, China's foreign ministry said. Both sides agreed to engage an expert-level mechanism on cross-border rivers, and maintain communication to renew flood reporting arrangements, the ministry said. Chinese officials had previously said hydropower projects in Tibet will not have a major impact on the environment or on downstream water supplies, but India and Bangladesh have nevertheless raised concerns. Earlier on Tuesday, an Indian source said Wang had assured Jaishankar that Beijing was addressing three key Indian concerns — the need for fertilisers, rare earths and tunnel boring machines. The Indian foreign and mines ministries and China's commerce ministry did not immediately respond to requests for comment. [[nid:721509]]
