India recently announced its cancellation of the Mamallapuram Summit where China and India's leaders were supposedly set to discuss their trade relations. However, this Friday, both countries agreed to reschedule and discuss their boundary issues in India.
The India-China business forum was supposed to occur this week in New Delhi. However, the Indian government backed out from the meet and refused to issue visas to Chinese delegates, reported News Feel.
China's President Xi Jinping and India's Prime Minister Narendra Modi met at the 11th Brics Summit and would resume the 21st round of their border talks.
The parties have not yet decided on an exact time, date, and location of their meeting but both have agreed to maintain peace and order along the border. They also emphasized on using mechanisms that would improve their troops' relations on the ground.
Despite thereof, both countries' armies have reduced their tensions along the Line of Actual Control (LAC) as announced by the Defense Minister. In a statement, China's President exclaimed that they are seeking a fair and reasonable alternative to the border dispute. He also added that both India and China are willing to abide by the political guiding principles.
Xi then suggested that the interests of both parties should be treated with equal footing and that they should properly manage and assess the problems for the moment. He also suggested that there is a need to improve the security and military problems between China and India.
Xi also added that both countries need to develop military-to-military relations apart from the trade deal. The agreement, he said, would develop trust and confidence between them and bolster the friendly cooperation of both nations.
"We should carry out professional cooperation, joint exercises, and training, enhance mutual trust between the two militaries, strengthen cooperation between law enforcement ad security departments, and maintain regional security and stability," Xi added, reported Times of India.
India and China were supposed to discuss trade matters at the International Business Linkage Forum (IBLF). However, the India-based organizers announced that 'due to unforeseen circumstances,' they had been advised to postpone the discussions by the Indian government.
The IBLF should have been the forum where international markets and its networks could welcome various countries into their trade deal. For this year, it was supposedly referred to as the "India China Forum."
According to 70 of the Chinese delegates, they have been applying for visas before the date of the IBLF, but have been refused issuances.
