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India, China step up engagement
Context:
India and China are seeking to step up the pace in improving ties
What are the upcoming engagements?
- The government will host Guo Yezhou, Vice- Minister of the International Department of the Communist Party of China (CPC). The dates have not been yet confirmed.
- Meeting to improve Trade imbalances:
- Chinese Commerce Minister Zhong Shan or his deputy is expected to visit for talks with Commerce Minister Suresh Prabhu aimed at improving trade imbalances.
- The informal ministerial meeting of the World Trade Organisation (WTO) organised by the Commerce Ministry has been scheduled on March 19 and 20.
- What is the significance of the meeting? The WTO ministerial meeting is being seen as a significant platform of countries worried by the U.S.’s tough position on tariffs and President Donald Trump’s threats of a “trade war”
- India-China strategic economic dialogue:
- This will be held between officials of the NITI Aayog and China’s top planning body, the National Development and Reform Commission (NDRC)
- Five working groups will hold detailed discussions on infrastructure, energy, hi-technology, investments and resource conservation.
- Boao Forum for Asia (BFA) meeting: India will be participating in the meet in Beijing which is scheduled from April 8th to 11th
- Shanghai Cooperation Organisation (SCO) summit:
- Prime Minister Modi is expected to meet President Xi in June at the Shanghai Cooperation Organisation (SCO) summit in Qingdao.
- There is also a possibility of an informal summit before that
- High-profile import exhibition in Shanghai: In November, India has agreed in principle to participate in the high-profile import exhibition in Shanghai, despite reservations about China’s Belt and Road Initiative (BRI).