India, China ink 24 key agreements worth $10 billion
Agreements included protocol for setting up consulates in Chengdu and Chennai
PHOTO AFP
China and India signed no less than 24 agreements worth $10 billion on Friday for key sectors including education and railways.
The agreements included protocol for setting up consulates in Chengdu and Chennai as well as MoU pertaining to consultative mechanism for cooperation in trade negotiations as the accords were inked in the presence of Modi and his Chinese counterpart Li Keqiang in Beijing.
Moreover, an action plan for mutual benefit of Indian Railways and China National Railways was also inked.
Read: India's Modi tells China to 'reconsider' approach
"Today, we have signed over 20 agreements, covering diverse areas of cooperation. This shows the depth and maturity of our relationship and the positive direction of our partnership," Modi said.
"Our decision to open consulates in Chengdu and Chennai reflects growing mutual confidence and shared commitment to expand relations.”
An agreement on education exchange programme and 'Space Cooperation Outline' was also signed.
More key accords were seen inked on developing China-India think tanks, ocean sciences and maritime cooperation.
Four other accords regarding sister-city relations between Karnataka and Sichuan province; Chennai and Chongqing; Hyderabad and Qingdao; and Aurangabad and Dunhuang.
Read: Xi to Indian PM: China, India must build mutual trust
The meeting, in addition to bringing up a broadcast tie-up for Doordarshan and China's state-run CCTV, also emphasised setting up a Mahatma Gandhi skill centre in Ahmedabad.
Furthermore, agreements on education exchange programme, on mining and minerals, tourism, skill development, and vocational education were also signed.
The two sides also signed agreements relating to Indian Council for Cultural Relations (ICCR) and Yunnan Minzu University and the other Fudan University on the establishment of a Yoga college and centre for Gandhian and Indian studies, respectively.
The article first appeared on Daily News & Analysis
The agreements included protocol for setting up consulates in Chengdu and Chennai as well as MoU pertaining to consultative mechanism for cooperation in trade negotiations as the accords were inked in the presence of Modi and his Chinese counterpart Li Keqiang in Beijing.
Moreover, an action plan for mutual benefit of Indian Railways and China National Railways was also inked.
Read: India's Modi tells China to 'reconsider' approach
"Today, we have signed over 20 agreements, covering diverse areas of cooperation. This shows the depth and maturity of our relationship and the positive direction of our partnership," Modi said.
"Our decision to open consulates in Chengdu and Chennai reflects growing mutual confidence and shared commitment to expand relations.”
An agreement on education exchange programme and 'Space Cooperation Outline' was also signed.
More key accords were seen inked on developing China-India think tanks, ocean sciences and maritime cooperation.
Four other accords regarding sister-city relations between Karnataka and Sichuan province; Chennai and Chongqing; Hyderabad and Qingdao; and Aurangabad and Dunhuang.
Read: Xi to Indian PM: China, India must build mutual trust
The meeting, in addition to bringing up a broadcast tie-up for Doordarshan and China's state-run CCTV, also emphasised setting up a Mahatma Gandhi skill centre in Ahmedabad.
Furthermore, agreements on education exchange programme, on mining and minerals, tourism, skill development, and vocational education were also signed.
The two sides also signed agreements relating to Indian Council for Cultural Relations (ICCR) and Yunnan Minzu University and the other Fudan University on the establishment of a Yoga college and centre for Gandhian and Indian studies, respectively.
The article first appeared on Daily News & Analysis