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Hu Jintao Meets with Indian Prime Minister Singh

2005/09/15

Chinese President Hu Jintao met with Indian Prime Minister Singh in New York

On the afternoon of September 14, 2005, Chinese President Hu Jintao who was attending the summit marking the 60th anniversary of the establishment of the United Nations (UN) in New York met in the hotel where he stayed with Indian Prime Minister Manmohan Singh.

Hu noted that in recent years China-India relations develop steadily and currently the bilateral relations face important development opportunities. Both sides should take a broad and long-term view to actively expand the mutually beneficial cooperation in various fields and constantly enrich the connotation of bilateral strategic partnership.

China and India have announced that 2006 is set as the "China-India Friendship Year", to which China attaches great importance. China expects to work with India to hold various celebrations in a bid to raising the bilateral exchanges and cooperation in all fields to a higher level, noted Hu.

Hu pointed out that the economic and trade cooperation between China and India enjoys a sound momentum of development and in the first half of this year the bilateral trade volume increased by 40% over the same period of last year to US$9.3 billion. It is hopeful to realize the goal of doubling the bilateral trade volume in advance. China-India economic and trade cooperation boasts great potential and promising prospects. He suggested that both sides hold the seventh meeting of the joint committee on economic, trade, scientific and technological cooperation at the earliest date possible to discuss the implementation of the five-year plan of China-India comprehensive economic and trade cooperation, launch the feasibility study of the China-India regional trade arrangement and sign the investment protection and promotion agreement as soon as possible.

When talking about the border issue between the two countries, Hu said that the negotiations on China-India border issue have made positive headways, the two governments signed the Agreement on the Political Guidelines for the Settlement of Border Issue and as a result peace and stability have been maintained in the border area. He expressed hope that both sides should push for the fair and reasonable settlement of the boundary issue at the earliest date possible according to the political guidelines agreed upon by the two countries.

Singh said that both India and China are countries with an ancient civilization and to develop the bilateral friendly cooperation is beneficial to maintaining peace and stability in Asia and Pacific and the world at large. It is a common consensus reached by all the political parties of India. The establishment of strategic partnership between India and China brings about greater development opportunities to bilateral cooperation, which is of special importance to both sides.

Singh expressed satisfaction with the rapid development of India-China economic and trade relations and agreement with Hu Jintao's suggestions on holding the meeting of the joint committee on economic, trade, scientific and technological cooperation and discussing and signing the investment protection and promotion agreement as soon as possible. He noted that India sings high praise for the Agreement on the Political Guidelines for the Settlement of Border Issue signed by both sides and sincerely believes that both sides should seek solution to the boundary issue with a pragmatic attitude under the general framework of the bilateral relations.

The leaders of the two countries also exchanged opinions on a number of major international issues. Hu stressed that China is ready to strengthen coordination and cooperation with India in the multilateral fields and jointly work for peace and development in this region and the world at large. Singh expressed agreement and noted that the coordination of position by India and China as two big developing nations on international issues is conducive to protecting the interest of developing nations and maintaining world peace and promoting common development.

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