During an event in the Indian capital, a representative from China expressed China’s interest in welcoming Indian commodities. The envoy criticized the current climate of trade conflicts and tariff wars, and its negative effect on the global economy. He strongly criticized the dominance of ‘power politics’ and its impact on international norms. The Chinese envoy emphasized the need for China and India to work together. He believes they can help developing nations, and uphold international justice. The envoy viewed trade as mutually beneficial. He directly commented on the U.S.’s tariffs on India, expressing strong opposition to the tariffs. The U.S. had imposed tariffs, including a 50% tariff, on Indian goods. He argued that silence only strengthens such behavior.
China will support India’s efforts to maintain the multilateral trading system with the WTO. He also pointed out the ongoing talks between India and China over direct flights. China seeks to continue friendly exchanges. The article touched on the trade agreement talks between India and the U.S. The U.S. is keen to get greater access to sensitive sectors. The Chinese Foreign Minister met with India’s NSA and the two countries agreed to form two groups focused on border issues.
The envoy mentioned the upcoming SCO Summit and the visit of India’s Prime Minister, emphasizing the importance of the event for India-China relations. He also mentioned the ten points of agreement reached between the Special Representatives of China and India. These agreements included setting up an Expert Group for boundary delimitation and a Working Group for border management. They also agreed to create General-Level Mechanisms and reopen traditional border trading markets.