Home Daily Blitz India, China Sign Agreements Worth $10 Billion In Sign Of Warming Ties
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India, China Sign Agreements Worth $10 Billion In Sign Of Warming Ties

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The following is an excerpt from DUNCAN HEWITT | May 15, 2017 | ibtimes.com |

On the second day of Narendra Modi’s first visit to China as Indian prime minister, the two countries have signed 24 agreements worth an estimated $10 billion, as they seek to invigorate a once distant relationship.

The accords, signed after Modi’s meeting in Beijing with his Chinese counterpart Li Keqiang, cover cooperation in areas including trade, railway development, education, tourism, broadcasting, science and space exploration.

The accords are the latest sign of what officials in both countries have sought to portray as a new era in their bilateral relations, following decades of suspicion over border tensions, India’s links to the West and China’s close ties with India’s traditional rival Pakistan.

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