India, China reach pact to resolve border conflict, Indian foreign minister says
Deal would help defuse four-year conflict, India says
Pact follows rounds of military, diplomatic talks
Modi, Xi could meet on sidelines of this week's BRICS summit
Border stand-off strained ties, hit business interactions
Recasts with comment by foreign minister and analyst, further detail throughout
By Krishn Kaushik, Fayaz Bukhari and Shilpa Jamkhandikar
NEW DELHI, Oct 21 (Reuters) - India and China have reached a deal on patrolling their disputed frontier to end a four-year military stand-off, the Indian foreign minister said on Monday, paving the way for improved political and business ties between the Asian giants.
The news cameon the eve of Indian Prime Minister Narendra Modi's visit to Russia for an Oct. 22-24 summit of the BRICS regional grouping, during which he could hold talks with Chinese President Xi Jinping, Indian officials said.
Relations between the world's two most populous nations - both nuclear powers - have been strained since clashes between their troops on the largely undemarcated frontier in the western Himalayas left 20 Indian and four Chinese soldiers dead in 2020.
The two sides had since stopped patrolling several points along the border in the Ladakh region to avoid new confrontations, while moving tens of thousands of new troops and military equipment closer to the freezing highlands.
"We reached an agreement on patrolling, and with that we have gone back to where the situation was in 2020 and we can say ... the disengagement process with China has been completed," Indian Foreign Minister Subrahmanyam Jaishankar said at a NDTV media conclave.
The "understanding was reached only today," he said, adding: "We always said that if you disturb the peace and tranquillity how can the rest of the relationship go forward?"
To avoid clashes, the two militaries will patrol contested points along the border according to an agreed schedule, a senior Indian military officer aware of the details told Reuters.
Both sides will monitor the area in Ladakh to ensure that there are no violations, the officer added.
Authorities in Beijing offered no immediate response to India's remarks.
REGULAR REVIEW, MONITORING
Officials in New Delhi said the pact clears the path for a likely bilateral meeting between Modi and Xi on the sidelines of the BRICS summit, which will be their first since 2020.
The senior military officer said that both sides would pull back their troops a little from current positions to avoid face-offs, but would be allowed to patrol these areas according to a schedule that is being worked out.
Monthly review meetings and regular monitoring of the contested areas by both sides would ensure there are no violations, he added.
Deependra Singh Hooda, a retired senior Indian army officer who was a commander for a part of the China frontier, said that while the two sides would need fresh confidence-building measures, "at least the impasse has been broken".
Slow progress during talks over the last four years to end the stand-offdamaged business ties between the two large economies, with New Delhi tightening scrutiny of investment by Chinese firms and halting major projects.
India's tougher vetting of all Chinese investment after the clashes effectively turned away billions of dollars from the likes of carmakers BYD and Great Wall Motor, and added more red tape in Indian firms' interactions with Chinese stakeholders.
However, Indian imports from China havesurged 56% since the 2020 borderclash, nearly doubling New Delhi's trade deficit with Beijing to $85 billion. China remains India's biggest source of goods and was its largest supplier of industrial products last year.
Asked about the impact of Monday's pact on trade with and investment from China, Jaishankar said: "It has just happened. There will be meetings to see what the next steps will be. I wouldn't go so fast."
Reporting by Krishn Kaushik, Fayaz Bukhari, Aftab Ahmed and Shilpa Jamkhandikar; Writing by Tanvi Mehta and YP Rajesh; Editing by Clarence Fernandez and Mark Heinrich
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
